Data & Analytics

2021 Christmas spending fuels ever-growing BNPL debt bubble for consumers

After it was revealed UK consumers racked up £3.3bn in buy now, pay later (BNPL) debts over Christmas 2021, a study by Credit Karna has found a growing debt bubble amongst customers.

The missing link to data management

It is critical for organisations to foster a data-centric culture that drives business value. The key to this, Quantexa argues, is a contextual approach to master data management (MDM).

Digital underwriting: the race is now on

Insurance underwriting processes are undergoing a period of transformation. With the explosion of data and growing important of customer experience, insurers must act now.

MoneyLion to acquire embedded finance marketplace Even in $440m deal

Digital financial platform MoneyLion has entered into an agreement to purchase Even for $440m.

Does reconciliation pose a big threat to asset and wealth managers?

A study conducted by AutoRek and Worldwide Business Research has found up to 60% of asset and wealth managers view reconciliations as the biggest challenge to their company.

Slide closes Series A, wields big data over the competition

Slide, a full-stack homeowners InsurTech, has closed an oversubscribed $100m Series A funding round. The round was led by Gries Investment Funds and Tampa Bay...

Recordent collects $400,000 in funding to boost customer experiences

Technology-enabled credit and reporting platform Recordent has reportedly raised $400,000 in an angel funding round.

Why flexibility is imperative when developing digital financial services

A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.

Why cloud technology is key for digital platform speed and scalability

One of the key factors for companies in the digital age is ensuring that consumers can access their information quickly and efficiently. When these processes become too slow, this can have a damaging effect on the user experience.

Singapore unveils national program to deepen AI capabilities in finance

The Monetary Authority of Singapore (MAS) and the National AI Office (NAIO) have launched a national initiative aimed at strengthened AI abilities in its financial sector.

News Stories

Stripe valued at $70bn in new Sequoia Capital deal

Stripe valued at $70bn in new Sequoia Capital deal

In a strategic move, Sequoia Capital has reportedly extended an offer to its investors to buy shares in Stripe, a leading payments company it initially supported nearly 14 years ago, according to a report from Axios.
Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech OCN, formerly known as OneCarNow, has successfully secured $86m in a Series A funding round, according to a report form Bloomberg.
EBA launches consultation on new MiCAR reporting guidelines

EBA launches consultation on new MiCAR reporting guidelines

The European Banking Authority (EBA) has announced a public consultation on new draft Guidelines intended to standardize reporting requirements under the Markets in Crypto-assets Regulation (MiCAR).
New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

In the realm of sustainable finance, the clarity and credibility of categorising economic activities have received a substantial boost with the introduction of the Independent Science Based Taxonomy (ISBT).
KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG International has recently launched the Clear on Climate Reporting Hub, an innovative platform designed to offer valuable insights and guidance on corporate reporting of climate-related matters.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week