Infrastructure & Enterprise Software

43% of large financial institutions have adopted open banking

Nearly half (43%) of large financial institutions have adopted open banking, according to a report from identity management company Curity.

CVC taps flagship fund, growth vehicle for Vitech Systems investment

CVC Capital Partners is tapping its flagship and growth funds to make a majority investment in cloud-based financial administration provider Vitech Systems.

MAPRE RE to collaborate with cyber risk company Kovrr

Cyber risk modelling startup Kovrr is going to use its solutions to analyse the accumulated cyber risk exposure for MAPRE RE.

Brazil-based Swap capitalises on rapid growth with Series A close

Swap, a bank-as-a-service platform based in Brazil, has capitalised on its 300% customer base growth with the close of a $25m Series A investment.

Airbase snares $60m in Menlo Ventures-backed Series B raise

US spend software startup Airbase has secured $60m from a Series B funding round led by Menlo Ventures.

Pogo secures $14.8m to empower consumers to benefit from their data

Pogo, a New York-based financial health app empowering consumers to harness their data for their own benefit, has raised $14.8m in funding.

Nayya lands $55m Series C

Nayya, a leading employees benefits experience and healthcare management platform, has raised $55m in Series C financing led by existing investor ICONIQ Growth.
Korea-Credit-Data-raises-funding-for-SME-finance

Korea Credit Data bags $24.7m to serve SMEs

Korea Credit Data (KCD), which provides business management services to self-employed and small business owners nationwide, has raised $24.7m in an extension of its Series D round.

Middesk pulls in $57m to support businesses

Middesk, a software company dedicated to automated business verification and underwriting decisions, has raised $57m in Series B funding.

MoneyGram announced partnership with Saudi Arabian Al Rajhi Bank

Cross border payment company MoneyGram has inked a strategic partnership with Al Rajhi Bank, an Islamic bank.

News Stories

The evolution of financial analytics: Insights from Kidbrooke's latest webinarvideo

The evolution of financial analytics: Insights from Kidbrooke’s latest webinar

Financial institutions have often relied on excel spreadsheets for their data analytics. This is leaving many firms with a legacy system that is not effective in the increasingly complex financial market.
Custodia

Custodia and TSS forge alliance to enhance regulatory compliance solutions

Custodia and TSS (Trading System Support) have revealed their strategic partnership aimed at advancing regulatory compliance in the market.
A step-by-step guide to AI implementation in financial crime compliance

A step-by-step guide to AI implementation in financial crime compliance

AI is increasingly becoming a focal point of discussion, particularly in how compliance departments within financial institutions prepare to adopt AI technologies for client screening and align with necessary regulatory standards.
In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?

Why is embedded insurance needed?

In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?
London Underwriters, a leading national insurance wholesale broker, and Foxquilt Insurance, a pioneer in digital insurance solutions for small businesses and individuals, have announced a strategic partnership.

Foxquilt and London Underwriters unveil strategic partnership

London Underwriters, a leading national insurance wholesale broker, and Foxquilt Insurance, a pioneer in digital insurance solutions for small businesses and individuals, have announced a strategic partnership.

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