Sector Updates

Bamboo Insurance unveils Essential homeowners cover

Bamboo Insurance unveils Essential homeowners cover

Bamboo Insurance, a technology-enabled managing general underwriter specialising in homeowners' coverage, has rolled out its new Essential homeowners programme, an HO2 product aimed at...
Axiiem debuts to digitise specialty insurance trading

Axiiem debuts to digitise specialty insurance trading

The Ardonagh Group, one of the world's largest independent insurance distribution platforms and a top 15 global broker, has unveiled Axiiem, a new InsurTech...
Iress and PlannerPal deepen AI advice workflow tie-up

Iress and PlannerPal deepen AI advice workflow tie-up

PlannerPal, an AI-powered workflow platform for financial advisers and wealth managers, has strengthened its collaboration with financial technology firm Iress, giving advisers a smoother...
Stoa lands $2.4m to reward savers with upfront perks

Stoa lands $2.4m to reward savers with upfront perks

Stoa, a UK-based FinTech that helps consumers and SMEs draw everyday value from dormant deposits, has secured $2.4m in pre-seed funding to scale its...
Cedar and Noah partner to unlock African cross-border payments

Cedar and Noah partner to unlock African cross-border payments

Cedar Money, a regulated cross-border payments and FX infrastructure firm focused on emerging markets, has formed a strategic partnership with API-first stablecoin payments platform...
Klarna applies for US banking licence with Utah charter

Klarna applies for US banking licence with Utah charter

Klarna, the global digital bank and flexible payments firm, has filed applications to set up its own bank in the United States. The company has...
Velocity FSS

Why Velocity FSS sees investigations as AI’s biggest opportunity

Founded in 2019, Velocity FSS offers a comprehensive AML platform acts as an all-in-one solution for AML compliance and reporting requirements. Offering a FRAML...
AML

Why static AML models can’t stop AI-driven fraud

In early 2024, a finance employee dialled into what looked like an ordinary video meeting with the CFO and several senior colleagues. In reality,...
Signicat

Signicat taps TrustTech ahead of eIDAS 2.0 shake-up

Signicat has joined forces with TrustTech to enable regulated businesses to adopt reusable identity through private wallet ecosystems. The alliance brings together Signicat's digital identity...
FCA

FCA warns AI could redefine retail finance by 2030

The FCA, the UK's financial services regulator, has published a landmark review examining how AI could transform retail financial services for consumers, firms, markets...

News Stories

thisbank unveils Triple Access Savings Account

thisbank unveils Triple Access Savings Account

thisbank, the UK bank focused on simplifying everyday banking, has rolled out a new Triple Access Savings Account aimed at savers who want strong...
Lendistry lands $100m East West Bank credit facility

Lendistry lands $100m East West Bank credit facility

Lendistry, a small business lender and grant administrator focused on undercapitalised entrepreneurs, has secured a $100m credit facility from East West Bank to expand...
Weecover pushes banks towards embedded insurance growth

Weecover pushes banks towards embedded insurance growth

Weecover, an InsurTech insurance distribution platform, is expanding its focus on banks and financial institutions with technology designed to help organisations modernise, manage and...
Jack Henry expands Google Cloud AI security partnership

Jack Henry expands Google Cloud AI security partnership

Jack Henry, a provider of technology solutions for banks and credit unions, has expanded its partnership with Google Cloud to develop an AI-driven security...
ASIC

ASIC fines Deutsche Bank $2m for systemic data breaches

Deutsche Bank Aktiengesellschaft has handed over a $2m penalty after misreporting in excess of 260,000 over-the-counter (OTC) derivative trades, a failure that compromised the...

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