Sector Updates

ai-trust-defecit

AI trust deficit in advanced digital economies: Insights from Swiss Re Institute

Swiss Re Institute's recent analysis reveals that countries leading in digital advancements are likely to harbour lesser trust in artificial intelligence (AI) technology.

Lacework closes security industry’s largest funding round ever

Data-driven security platform Lacework has been valued at $8.3bn, after the close of a $1.3bn funding round, which it claims is the largest in security industry history.

Atom Bank lands latest investment months after previous funding round

Atom Bank has received ?30m Tier 2 capital facility from British Bank Investments to continue its growth.

Medxoom closes $8m in funding to deepen its product suite

Medxoom, a healthcare platform helping to streamline payments, has closed an $8m investment as it looks to deepen its product suite.
Ignite Specialty Risk, a provider of litigation risk insurance, has launched its Litigation Capital Protection Insurance offering in the US.

Ignite Specialty Risk launches innovative Capital Protection Insurance offering in US market

Ignite Specialty Risk, a provider of litigation risk insurance, has launched its Litigation Capital Protection Insurance offering in the US.

Reserve Bank of Australia, DFCRC team on CBDC research project

The Reserve Bank of Australia will collaborate with the Digital Finance Cooperative Research Centre on a project exploring use cases for a CBDC in Australia.

Trov continues US expansion, now live in 13 states

On-demand insurance platform Trov has expanded its operations to another 8 states, bringing the total number of covered states to 13.

TruNarrative to provide B-North with compliance and onboarding services

B-North, the SME lender, has tapped RegTech provider TruNarrative to get access to its solutions for onboarding and compliance services, according to several reports.
Sentra

Avaana Climate Fund spearheads $2m seed for ESG platform Sentra.world

Sentra.world, an ESG SaaS platform, has secured $2m in a promising seed funding round headed by Avaana Capital.

Crypto PayTech MoonPay secures $555m in highly subscribed Series A

MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.

News Stories

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.
Iress partners with Nomo Bank to introduce Sharia-compliant mortgages on Xplan and Trigold

Iress partners with Nomo Bank to introduce Sharia-compliant mortgages on Xplan and Trigold

Iress, a leading technology provider for the financial services industry, and Nomo Bank, a pioneering Sharia-compliant digital bank in the UK, have announced a significant partnership.

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