Sunlight and Finovox joins forces to prevent insurance fraud
Sunlight, a cloud-native provider of core administration technology and InsurTech services, has partnered with French software editor Finovox to help insurance organisations prevent fraud.
Baltic FinTech deal activity drops 45% in 2023 even with government growth strategies
Key Baltic FinTech investment stats in 2023
• Baltic FinTech investment totalled at $212m in 2023, a 67% drop YoY
• Baltic FinTech deal activity reached...
Financial services lead the way when it comes to digital transformation, Fujitsu reveals
Business leaders in financial services are better at acknowledging and implementing new technologies into their businesses, according to Fujitsu’s Global Digital Transformation Survey Report 2019.
Fraud jumped by 250% in the second quarter
Fraud attempts jumped by 250% between March and June, according to a new report from identity verification company IDnow.
Canonic Security comes out of stealth with $6m seed
Canonic Security has secured $6m from a seed funding round as the company arises from a period of stealth.
WealthTech firm InvestSuite closes €6m Series A
InvestSuite, a WealthTech firm that provides automated investment solutions, has bagged €6m from a Series A funding round.
FundBank taps Profile Software for its custody solution
FundBank has partnered with Profile Software to implement its custody solution and automate its operations.
Crealogix buys Koemei AI data, video analytics technology
FinTech company Crealogix has acquired the artificial intelligence technology of Koemei, which enables automatic conversion of audio and video content into text.It is said...
US regulator awards whistleblower $1m for exposing scheme that violated commodities and futures trading...
The U.S. Commodity Futures Trading Commission (CFTC) has emphasised the need for whistleblowers to step forward with a new reward.
Over £20m worth of fraud averted by banking industry-funded police unit
A specialist policing unit funded by the banking and finance industry revealed that £20m worth of fraud was prevented in 2020 – a figure up by £1m compared to 2019.
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