Sector Updates

First annual Global AIFinTech100 list highlights the must know names in AI

With the competition of AI solutions becoming more heated, FinTech Global has named the 100 most innovative companies that are helping to transform the financial services space.

Financial comparison super app Jeff banks $1.5m seed extension for SEA expansion

Latvia-based FinTech startup Jeff, which currently only has operations in Vietnam, has raised $1.5m in a seed round extension led by J12 Ventures.

Zeidler appoints head of legal team for new Paris office

Technology-driven law company Zeidler Group has named Valentin Chantereau as its head of legal at its newest European office in Paris.

BP Ventures pumps $11.9m in German in-car payment FinTech Ryd

BP Ventures has invested €10m (nearly $11.9m) in German in-car digital payments provider Ryd. bp’s investment will help ryd strengthen its market-leading position, expand into new international markets and...

Brazil-based Pier reportedly raises $20m in its Series B

Brazilian InsurTech company Pier has reportedly raised $20m in its Series B funding round, as it looks to receive regulatory approval.

FBI warns food and agriculture sector about ransomware attack increase impact

The FBI has issued a notification warning firms in the food and agricultural sector about the climbing number of ransomware attacks and how they impact the food supply chain.

Nigerian central bank to launch new CBDC through Bitt collaboration

The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.

The FSA moves forward with potential new climate risk disclosure regulation

A new regulation by Japan’s Financial Services Agency (FSA) may lead to the introduction of mandatory climate-risk related disclosures by March 2022.

Whitepaper finds almost half of UK consumers have confusion about open banking

A whitepaper by payment service provider Ecommpay has found 48% of all UK consumers have some level of confusion regarding open banking and its uses.

Marsh’s marketing arm acquires family-owned Vaaler Insurance

Marsh McLennan Agency (MMA), the marketing agency subsidiary of global insurance broker Marsh, has purchased Vaaler Insurance for an undisclosed fee.

News Stories

CUBE

CUBE bolsters reach with Thomson Reuters Regulatory Intelligence acquisition

CUBE, a leading provider of ARI and RCM, has acquired Thomson Reuters Regulatory Intelligence and Oden products and businesses.
Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.

Assurant launches insurance tech support product

Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.
Workiva

Workiva and ERM unite to drive sustainable business practices

ERM, the largest global specialist sustainability consultancy, has recently announced a strategic partnership with Workiva.
Basel

Basel Committee highlights rising risks from finance digitalisation in new report

The Basel Committee on Banking Supervision has released a comprehensive report analysing the impact of ongoing digitalisation on the finance sector, particularly focusing on banks and supervision.
InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

Munich Re Specialty – North America to deploy Kalepa’s Copilot underwriting platform

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

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