Sector Updates

Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre of Enablement to support responsible AI adoption across its operations.

Markel International launches centre to boost AI development

Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre...
Mizuho

Mizuho selects FIS solution for IFRS 9 compliance

FIS and Mizuho Financial Group have partnered to help the bank address evolving regulatory reporting requirements in Japan. Under the collaboration, Mizuho will use the FIS...
Bold

Cybersecurity company Bold bags $40m funding round

Bold, an enterprise cybersecurity company focused on preventing user-based threats at the endpoint, has emerged from stealth after securing a $40m funding round to...
Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside property and casualty insurers and managing general agents (MGAs).

Dearborn Labs launched to embed AI across insurance operations

Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside...

OakNorth acquires Monite to boost business banking tools

OakNorth, the digital bank for entrepreneurs, has completed a strategic transaction with Monite, an all-in-one financial management platform for businesses, to enhance its business...
Onyx

Cybersecurity FinTech Onyx Security secures $40m funding

Onyx Security has launched with $40m in funding as it seeks to address emerging risks tied to the rapid adoption of agentic artificial intelligence...
Cleafy raises €12m to fight banking fraud in Europe

Cleafy raises €12m to fight banking fraud in Europe

Cleafy, a Milan-based enterprise cybersecurity company specialising in banking fraud prevention, has raised €12m in a Series B round co-led by United Ventures and...
BioCatch

BioCatch DeviceIQ targets AI-driven fraud and device threats

BioCatch has launched a new device intelligence solution called DeviceIQ, designed to help financial institutions assess the trustworthiness of devices accessing digital banking platforms. The...
The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the Strait of Hormuz and surrounding Gulf routes.

DFC selects Chubb to lead $20bn maritime reinsurance plan

The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the...
UK InsurTech Loxa has raised £2.7m in seed funding across three tranches to support European expansion, grow its retail partner network, and broaden its embedded insurance platform.

InsurTech Loxa raises £2.7m seed round to fund EU expansion

UK InsurTech Loxa has raised £2.7m in seed funding across three tranches to support European expansion, grow its retail partner network, and broaden its...

News Stories

Kidbrooke: fixing the personalisation gap in WTP comms

Kidbrooke: fixing the personalisation gap in WTP comms

The Dutch pension sector has a communication problem and it is hiding in plain sight inside a document that looks entirely correct, according to...
Denmark's central bank picks Tieto for document management

Denmark’s central bank picks Tieto for document management

Danmarks Nationalbank, Denmark's central bank, has selected Nordic software and services firm Tieto to deliver an Electronic Case and Document Management System (ECDMS) built...
IRA Financial unifies alts and stocks in one retirement account

IRA Financial unifies alts and stocks in one retirement account

IRA Financial, a US-based provider of self-directed retirement solutions, has launched a new capability allowing investors to trade both traditional and alternative assets within...

KAST launches stablecoin cashback for card users

KAST, a stablecoin-powered financial platform, has announced the launch of USD stablecoin cashback for cardholders, marking a move away from traditional point-based reward structures...

Arcium ecosystem surpasses $7.5m with Bench and Crafts

Arcium, an encrypted supercomputer powering confidential applications on Solana, has announced the launch of two flagship applications, Bench and Crafts, built on its encrypted...

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