Sector Updates

BHSI taps Poland to accelerate European insurance growth

BHSI taps Poland to accelerate European insurance growth

Berkshire Hathaway Specialty Insurance (BHSI) is expanding into Poland as it looks to bring its specialist commercial insurance capabilities to a new market, appointing...
Sumsub tightens grip on what AI agents can access

Sumsub tightens grip on what AI agents can access

Sumsub has widened its Know Your Agent (KYA) framework with a new KYA Module for MCP, giving businesses granular authority over which internal systems...
Western Union taps Noah to expand stablecoin remittances

Western Union taps Noah to expand stablecoin remittances

Western Union, the global money transfer provider, has partnered with Noah, a stablecoin payments infrastructure provider, to support a new digital asset service designed...
Digital hawala exposes gaps in AML detection

Digital hawala exposes gaps in AML detection

Digital hawala is creating new challenges for financial institutions seeking to detect money laundering and terrorist financing, according to analysis from financial crime technology...
U.S. Bank launches Payment Switch to simplify banking

U.S. Bank launches Payment Switch to simplify banking

U.S. Bank, the fifth-largest commercial bank in the US, has launched Payment Switch, a digital tool that allows customers to redirect recurring bills and...
Visa deal takes Newline’s embedded banking global

Visa deal takes Newline’s embedded banking global

Newline by Fifth Third, the embedded banking division of Fifth Third Bank, has partnered with Visa to help eligible US-based FinTechs expand corporate card...
Finsei taps Thredd to power Mastercard debit cards

Finsei taps Thredd to power Mastercard debit cards

Finsei, a London-based payments firm, has partnered with Thredd, an AI-first issuer processing platform, to power the processing infrastructure behind its new Mastercard debit...
Marqeta takes over Square Credit Card processing

Marqeta takes over Square Credit Card processing

Marqeta, a modern card issuing platform, has taken over processing of the Square Credit Card, Block’s business credit product for Square sellers, which operates...
Finastra launches StandbyX for US banks handling SBLCs

Finastra launches StandbyX for US banks handling SBLCs

Finastra, a financial software provider, has launched StandbyX, a cloud-based platform designed to help US banks automate standby letter of credit (SBLC) processing without...
How ReSource Pro is building insurance data services for AI

How ReSource Pro is building insurance data services for AI

As insurers modernise their technology, acquire businesses, and expand AI initiatives, the quality and accessibility of their data is becoming increasingly important. ReSource Pro...

News Stories

OCC finds all nine top US banks debanked customers

OCC finds all nine top US banks debanked customers

The Office of the Comptroller of the Currency (OCC), the federal supervisor of national banks in the US, has concluded that each of the...
Is there an open-source infrastructure crisis in wealth management?

Is there an open-source infrastructure crisis in wealth management?

Many wealth management firms could be exposing themselves to significant risk without even realising it. They might not realise how dependent they are on...
Salmon secures $140m to expand lending in the Philippines

Salmon secures $140m to expand lending in the Philippines

Salmon Group, a Philippines-based banking and lending platform built around technology, has raised a further $140m (PHP 8.8bn) as it steps up its expansion...
Plinto secures €2.9m to drive real-time finance with AI

Plinto secures €2.9m to drive real-time finance with AI

Plinto, a FinTech company focused on bringing real-time finance to businesses, has closed a €2.9m pre-seed round backed by People Ventures and Emblem. The two...
Seismic and Theta Lake target the AI execution gap

Seismic and Theta Lake target the AI execution gap

Seismic, a company focused on go-to-market performance, has broadened its offering for banks, wealth managers and insurers with a new compliance product, upgraded social...

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