UK insurer BHSF has selected Sapiens International Corporation to assist them in their digital transformation.
In today's dynamic financial landscape, the utilisation of Artificial Intelligence (AI) has become paramount for financial services firms striving to maintain competitiveness and drive innovation. Leading RegTech firm Saifr spoke to FinTech Global to delve into the top ways these company are utilising the technology today.
Neonomics, an open banking provider, has recently embarked on a mission to enhance its anti-financial crime capabilities across Europe.
Risk is often perceived as a daunting and complex aspect of investing. However, recent research sheds light on a transformative strategy that has proven to be effective and well-received by clients: initiating discussions through the lens of financial goals. In a recent post by EveryoneINVESTED, the company explained the key to conversations on risk. This approach simplifies the conversation around risk,...
Flagright, a compliance and fraud prevention leader, has partnered with SALT, a financial platform that empowers SMEs in India and Asia.
Ebury, a FinTech specializing in transactions SMEs has broadened its alliance with Nium, a leader in real-time global payments. This collaboration is set to introduce an innovative global remittance service in Brazil, marking a significant milestone following the regulatory nod to Ebury's acquisition of the Brazilian FinTech Bexs. This acquisition encompasses Bexs Banco, focused on foreign exchange, and Bexs...
SIX, a key player in the financial services industry, has linked with Greenomy, a leading provider of sustainability software solutions.
Simetrik, a financial automation platform based in Colombia, has completed a Series B funding round, raising a substantial $55m.
Industry Research
Almost 9 in 10 investment firms are seeing performance gains from implementing WealthTech solutions
ThoughtLab conducted a comprehensive survey in September / October 2023 of 250 investment providers. These include broker-dealer/wire-houses, private banks, online trading platforms, wealth management divisions of universal banks and retail or regional banks, independent investment advisory firms, family/multi-family offices, wealth management divisions of investment banks, and robo advisors. Respondents were from the following countries/regions: Australia, China/Hong Kong, Japan, Singapore,...
Key Lending Tech investment stats in 2023:
• European Lending Tech deal activity totalled at 43 transactions in 2023, a 45% decrease from 2022
• European Lending Tech companies raised a combined $761m in 2023, a 15% reduction YoY
• The UK was the most active Lending Tech country with 20 deals, a 47% share of total deals
In 2023, the European Lending...
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