Sector Updates

Asymptote Labs raises $5.5m to tame unchecked AI agents

Asymptote Labs, a developer of runtime infrastructure for AI agents, has secured $5.5m in an oversubscribed seed round, betting that companies deploying autonomous agents...
Six hard truths stalling AI in financial crime compliance

Six hard truths stalling AI in financial crime compliance

Most AI pilots in financial crime compliance are not failing on technology. According to Vivox AI, they falter in the space between an impressive...
ZestyAI says data gaps create a reinsurance “uncertainty premium”

ZestyAI says data gaps create a reinsurance “uncertainty premium”

ZestyAI, a provider of an AI-driven risk decision platform for the insurance sector, has published research suggesting that patchy and out-of-date property information is...
Pennant secures $5m seed to modernise proxy voting with AI

Pennant secures $5m seed to modernise proxy voting with AI

Pennant, an AI-native platform designed to support corporate governance decisions, has closed a $5m seed round to develop what it describes as a world...
ZestyAI brings broader property insights to Donegal underwriting

ZestyAI brings broader property insights to Donegal underwriting

Donegal Insurance Group is expanding the use of AI-powered property analytics in its underwriting operations through a wider agreement with ZestyAI, bringing additional property...
Mural raises $28m to power FinTechs and agentic finance

Mural raises $28m to power FinTechs and agentic finance

Mural, a compliant system of record that FinTechs and platforms use to move, store and grow customer money, has brought its total funding to...
Prism Data raises $20m to scale cash flow underwriting

Prism Data raises $20m to scale cash flow underwriting

Prism Data, a US-based provider of cash flow underwriting and credit analytics technology, has secured $20m in Series A funding as banks and lenders...
Vertafore’s Velocity Coach Agent targets agency productivity

Vertafore’s Velocity Coach Agent targets agency productivity

Vertafore, an InsurTech firm specialising in insurance distribution technology, has rolled out its Velocity Coach Agent, an AI tool built to give independent insurance...
How AiPrise is building the future of KYB

How AiPrise is building the future of KYB

2026 has been a red-letter year for AiPrise. The company has grown powerfully over the past year and is showing no sign of slowing...
RBNZ and FMA warn AI is redrawing the cyber threat map

RBNZ and FMA warn AI is redrawing the cyber threat map

New Zealand’s two principal financial regulators, the Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ) and the Financial Markets Authority – Te...

News Stories

Quantifind takes AI risk intelligence fight to Asia-Pacific

Quantifind takes AI risk intelligence fight to Asia-Pacific

Quantifind has opened its first Asia-Pacific office in Sydney, a move that puts the company on the ground in a region where regulatory pressure...
Raya Financing bets on Temenos to scale Saudi lending

Raya Financing bets on Temenos to scale Saudi lending

Raya Financing has picked Temenos, the Swiss-listed banking technology provider, to run its core systems as it pushes into a broader range of retail,...
Tech Mahindra bets on cash management with Finastra deal

Tech Mahindra bets on cash management with Finastra deal

Tech Mahindra, the India-listed digital transformation and technology consulting firm, has taken ownership of Finastra’s Cash Management product suite, a move that gives the...
Cognitive Credit lands $40m as AI reshapes credit research

Cognitive Credit lands $40m as AI reshapes credit research

Cognitive Credit, a provider of corporate credit data, analytics and AI tools, has closed a $40m strategic growth investment as institutional investors push for...
Moneybox manifesto targets 7 million new ISA investors by 2035

Moneybox manifesto targets 7 million new ISA investors by 2035

Moneybox, a WealthTech platform serving more than 2 million customers, has published a retail investing manifesto with six policy proposals aimed at drawing an...

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