Sector Updates

Mangopay expands Virtual Accounts to 24 currencies

Mangopay expands Virtual Accounts to 24 currencies

Mangopay, a leading global wallet infrastructure provider, has broadened its Virtual Accounts product, more than tripling its currency coverage from seven currencies to 24. With...
ZIGRAM

Nepal’s MBL taps ZIGRAM to combat financial crime

Machhapuchchhre Bank Limited (MBL), one of Nepal's foremost commercial lenders, has picked ZIGRAM's Complete AML System in a move to bolster its defences against...
Aria raises €7m and secures €240m facility for invoices

Aria raises €7m and secures €240m facility for invoices

Aria, the Paris-based embedded invoice financing platform, has secured a €7m Series A extension alongside a new €240m debt facility as it looks to...
nCino wins Cornerstone First Mortgage as POS customer

nCino wins Cornerstone First Mortgage as POS customer

Cornerstone First Mortgage, a San Diego-headquartered full-service mortgage bank, has moved to nCino's Mortgage Point of Sale as it looks to improve the experience...
DUAL expands ZestyAI deal for California wildfire cover

DUAL expands ZestyAI deal for California wildfire cover

DUAL North America, a specialty programme administrator, has widened its relationship with InsurTech firm ZestyAI, the Risk and Decision Intelligence Platform for the insurance...

Kord raises £6.4m to fight AI fraud in regulated sectors

Kord, a UK-headquartered FinTech offering a single platform for client onboarding, identity checks and payments, has closed a £6.4m Series A round to tackle...
Applied and Travelers explore submissionless insurance quoting

Applied and Travelers explore submissionless insurance quoting

Applied Systems, an insurance software provider, has launched a submissionless commercial insurance quoting capability with The Travelers Companies as its first carrier partner, using...
Tangos

Can AI close the FinCrime investigation gap? Tangos bets $20m

Tangos AI, an autonomous AI platform for financial crime investigations, has secured $20m in seed funding as it looks to tackle one of compliance's...
Vertafore launches AI agent to tackle MGA submission delays

Vertafore launches AI agent to tackle MGA submission delays

Vertafore, a Denver-based insurance technology provider, has launched an AI-powered submission processing agent designed to help managing general agents (MGAs) reduce manual intake processes...
COFI

Can COFI end South Africa’s siloed compliance crisis?

South Africa loses an estimated R100bn a year to financial crime, yet the institutions meant to stop it still work in silos. Organised crime...

News Stories

The $bn water risk problem insurers can no longer ignore

The billion dollar water risk problem insurers can no longer ignore

Water damage remains one of the most underestimated risks facing modern buildings, creating significant challenges for insurers, property owners and facilities managers as hidden...
FinTech

Investors turn up the heat with $1.9bn raised in FinTech this week

Across the 19 deals reported on by FinTech Global this week, there was a grand total of $1.95bn raised by FinTech firms, reflecting a...
Why banks can't afford years-long payments overhauls

Why banks can’t afford years-long payments overhauls

Payments modernisation has become the defining boardroom debate in banking, and according to Tieto, the banks that move in months rather than years will...
Why the annual review may become a premium service

Why the annual review may become a premium service

The annual review is itself under review, and according to WealthTech provider Ortec Finance, the commercial consequences could be profound. The Financial Conduct Authority's consultation...
Why affidavits of unchanged status matter for W-8 compliance

Why affidavits of unchanged status matter for W-8 compliance

Firms handling cross-border payments face mounting pressure to keep payee documentation accurate, and according to compliance specialist Comply Exchange, affidavits of unchanged status are...

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