Sector Updates

LSE shares rally on group’s plan to buy Refinitiv for $27bn

The London Stock Exchange (LSE) looks set to acquire Refinitiv, a financial services provider, in a deal worth $27bn.

Israeli FinTech TipRanks scores $77m from financing round

Tel Aviv-based stock research platform TipRanks has secured $77m from a recent financing round led by Prytek and More Investment House.
38% of firms lack knowledge on FCA’s new Consumer Duty

38% of firms lack knowledge on FCA’s new Consumer Duty

Over a third (38%) of firms have limited knowledge of the FCA’s new Consumer Duty, with many turning to technology and data to solve their woes.

Position Green named as ESG and sustainability innovator 

Position Green has been named an Innovator in the Verdantix ESG & Sustainability Green Quadrant report for 2023. 
fintech insurtech wealthtech regtech ai cybertech esg news

ClauseMatch, JWG launch regulatory policy management solution

ClauseMatch, which provides smart document management software, has partnered with JWG to launch a ‘next-generation policy management solution’.

AUSTRAC introduces new rules to help victims of domestic abuse escape financial dependency

The Australian Transaction Reports and Analysis Centre (ASUTRAC) has changed the rules regarding money laundering and terrorism financing in order to help people fleeing domestic abuse become financially independent more easily.

Hunters catch $68m funding to bolster SecOps offering

Security operations center (SOC) platform Hunters has secured $68m from a Series C funding round headed by Stripes.
Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

Mastercard launches mobile virtual card app to simplify travel and business expenses

Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

Prevailion closes Series A as it looks to expand its team

Prevailion, a platform designed to change how firms approach risk mitigation, has netted $10m in its Series A.

Vericred scores $23m Series B to help bolster its operational teams

Vericred, which aims to simplify the exchange of health insurance and employee benefits, has closed its Series B on $23m.

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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