Sector Updates

Theta Lake

How Theta Lake keeps compliance AI accurate at scale

Building an AI-native foundation is only the beginning for compliance oversight; the harder battle is keeping machine learning models accurate, scalable and dependable over...
Root targets US growth with latest telematics launch

Root targets US growth with latest telematics launch

Root, the Ohio-based InsurTech, has expanded its behaviour-based motor insurance offering into New Jersey, taking its presence to 37 US states and extending coverage...
Cover Genius acquires Friendsurance to expand DACH banking

Cover Genius acquires Friendsurance to expand DACH banking

Cover Genius, the embedded protection technology provider, has acquired Berlin-based InsurTech Friendsurance, expanding its presence in the European bancassurance market and strengthening its position...
ReCo upgrades cloud payments platform for municipalities

ReCo upgrades cloud payments platform for municipalities

ReCo, a PayTech technology provider and 100GROUP company, has launched an upgraded version of ReCo Anywhere, its cloud-based payments platform designed to help municipalities...
TradeStation targets retail futures growth with CME launch

TradeStation targets retail futures growth with CME launch

TradeStation Securities, a brokerage platform for active equity and derivatives traders, has launched CME Group’s Spot-Quoted futures (SQFs) to give customers access to smaller...
Increase launches FDIC-member bank for FinTech builders

Increase launches FDIC-member bank for FinTech builders

Increase, a banking infrastructure and API provider used by FinTech companies including Gusto, Ramp and Stripe, has launched Increase Bank, an FDIC-member banking institution...

Ortec Finance: fixing the climate risk gap in portfolios

As climate risk climbs the agenda for pension funds, insurers and asset managers, investors are seeking to embed climate considerations across the entire investment...
KYCP moves to fix broken onboarding with COT 2.1.6

KYCP moves to fix broken onboarding with COT 2.1.6

Client onboarding remains one of the most friction-heavy stages in the compliance lifecycle, and abandoned or error-ridden applications carry a real cost for regulated...
WealthReach buys AdvisorRankings to boost AI search visibility

WealthReach buys AdvisorRankings to boost AI search visibility

WealthReach, an AI-powered organic growth platform serving registered investment advisors (RIAs) and wealth management firms, has acquired AdvisorRankings, an agency specialising in SEO and...
Revolut teams up with OpenAI to offer ChatGPT Go

Revolut teams up with OpenAI to offer ChatGPT Go

Revolut, the global FinTech serving more than 75 million customers, has unveiled a partnership with OpenAI that will give millions of its retail users...

News Stories

The personalisation gap holding back health insurance

The personalisation gap holding back health insurance

Health insurers are investing heavily in wellness programmes to improve member engagement and prevention outcomes, but many still struggle to deliver truly personalised experiences,...
compliance

Banks catch rule changes fast, then compliance stalls

Financial institutions have largely solved the problem of spotting regulatory change. What they have not solved is what happens next, and that gap is...
spreadsheet

Why spreadsheets are the MLRO’s biggest hidden risk

There comes a point in every MLRO's tenure when it becomes impossible to ignore that the organisation has outgrown its manual, Excel-based financial crime...
Horizon3

Horizon3 triples valuation with $250m raise for AI security

Horizon3 has secured $250m in Series E funding at a valuation exceeding $2bn, a threefold jump from the $650m it commanded at Series D...
Zenity

Zenity lands $125m as AI agent security race heats up

Zenity, the AI security and governance platform built specifically for AI agents, has closed a $125m Series C round. The round was led by Norwest,...

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