Sector Updates

Arctic Intelligence unveils AML survey to gather global industry insights

Arctic Intelligence has released its 2022 AML Insights Survey with the aim of gathering data from financial crime risk and compliance professionals worldwide.

Insurance brokerage platform Newfront raises $200m

Newfront, a modern insurance brokerage platform, has raised $200m at a $2.2bn valuation.

EvolutionIQ pulls in $21m

EvolutionIQ, a claims guidance platform for insurance carriers, has raised $21m in Series A funding.

Stillwater joins Agentero digital insurance network

Agentero, the digital insurance network, has partnered with Stillwater Insurance.

AF Group in AmeriTrust take-over to bolster insurance offering

AF Group, a holding company whose affiliated brands provide specialty and workers' compensation insurance solutions across the US, has entered into an agreement to purchase AmeriTrust Group.

Munich Re acquires Clareto to digitise life insurance

Munich Re has entered into a definitive agreement to acquire Clareto, a health information exchange that provides record retrieval companies for the life insurance industry.

Social impact FinTech Wagestream lands $175m

Wagestream, a flexible pay and financial well-being app founded by charities and designed for frontline workers, has closed a $175m Series C round.

Is automated KYC enough in the fight against fraud?

As the way we move and use money changes, fraud finds new ways to fester. With reports of fraud increasing year-on-year, is automated KYC enough in this long-standing fight?

What’s in store for the future of insurance claims?

Smart Communications, a technology company focussed on helping businesses engage in more meaningful customer conversations, has released research delving into the most pressing issues and trends in today’s P&C insurance marketplace.

Cyber firms link to form operational technology coalition

Five cybersecurity companies have joined forces to create a group that is aiming to bolster the defences of industrial control systems and critical infrastructure in the US.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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