Sector Updates

How KYC Portal became a leading RegTech provider

After identifying a compliance gap in 4AMLD, back in 2017, KYC portal was able to set itself up to become a major RegTech provider.

GCash, Igloo team to offer online shopping insurance to customer base

Filipino FinTech GCash has partnered with InsurTech Igloo to help support its large customer base with bolstered online shopping protection insurance.

Underwriter Helios snaps up North Breache in £3.9m deal

Helios, an investment and underwriting arm of Lloyds of London, has acquired North Breache Underwriting in a deal worth a total of £3.9m.

Ocrolus reels in $80m from QED Investors-backed Series C

Ocrolus has secured $80m in a Series C funding round led by Fin VC to help the firm scale its financial services document automation solution.

CDK Global pens deal to buy InsurTech Salty Dot

Auto insurance firm CDK Global has signed a deal to purchase InsurTech company Salty Dot for an undisclosed fee.

Doconomy raises $17m to continue its mission of helping banks reduce environmental impact

Doconomy, which provides data tools to help banks and other financial services to understand their environmental impact and reduct it, has closed a $17m funding round.

80% of B2B transactions anticipated to be digital by 2025

A recent study by PYMNTS has projected that up to 80% of all business-to-business transactions could be conducted digitally by 2025.

Sternum receives one of largest funding round in a female-founded and led CyberTech

Sternum, an IoT security platform, has collected $27m in its Series B funding round, which was led by Spark Capital.

UK customers are changing banks due to poor complaints handling processes

Research by global software firm Nuix has found that UK customers are leaving their banks due to complaint mishandlings during the pandemic.

ESMA fines UnaVista €238,500 for EMIR failures

The European Securities and Markets Authority (ESMA) has fined trade repository UnaVista for alleged breaches of the European Market Infrastructure Regulation (EMIR).

News Stories

Mercury Insurance, a leading provider of auto insurance, and Olympus Insurance, a Florida-focused homeowners insurer, have announced a new partnership designed to broaden access to bundled auto and homeowners insurance across Florida.

Mercury and Olympus partner to expand Florida bundled insurance

Mercury Insurance, a leading provider of auto insurance, and Olympus Insurance, a Florida-focused homeowners insurer, have announced a new partnership designed to broaden access...
CCO

Five things every CCO must know in 2026

The compliance landscape is shifting faster than it has in years. At ACA Group's recent spring media roundtable, ACA experts gathered to discuss the...
Socure

Socure bolsters leadership with two C-suite appointments

Socure, a provider of identity verification and risk intelligence infrastructure, has appointed Chung-Man Tam as its chief product officer (CPO) and Pablo Abreu as...
fraud

City of London calls on tech firms to fight fraud

The City of London Corporation is inviting technology companies to contribute to the development of a digital verification framework designed to combat financial fraud...
Morningstar

Morningstar expands AI reach via Perplexity integration

Morningstar and its subsidiary PitchBook have announced a new integration with AI search platform Perplexity, bringing both companies' research and data into Perplexity's AI-powered...

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