Entrust, a global pioneer in trusted payments, identities, and data protection, is in exclusive discussions to acquire Onfido, a leading provider of cloud-based, AI-powered identity verification (IDV) technology, based in London.

Oliver Wyman, a premier global management consulting firm and a part of Marsh McLennan, has announced its decision to acquire Innopay, a consultancy renowned for its specialisation in digital transactions.

Verisk, a leading global data analytics and technology provider, has introduced an automated generative artificial intelligence (Generative AI) record summary capability.

In an age where digital solutions are at the heart of enterprise operations, establishing strong operational resilience is paramount. The Digital Operational Resilience Act (DORA) emerges as a transformative regulatory framework, aiming to overhaul digital operations throughout the European Union (EU).

Kroll, a prominent independent provider of global risk and financial advisory solutions, has announced the appointment of a new head for its new U.S. Financial Crime Advisory (FCA) practice.

MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 

91% of banks now endorse Generative AI at a board level, according to a new global study by NTT Data.

Navro, formerly known as Paytrix, has secured $14m in its latest funding round and has concurrently announced that the Central Bank of Ireland has authorised its EMI licence.  

Surecomp, a provider of trade finance solutions, has announced a partnership with Commerzbank AG, Germany's leading trade finance bank.

Ignite Specialty Risk, a provider of litigation risk insurance, has launched its Litigation Capital Protection Insurance offering in the US.