Wrisk, a digital insurance platform specialising in embedded insurance for the automotive sector, has secured a strategic investment from Allianz as part of its recently announced Series B funding round.
Wrisk, a digital insurance platform specialising in embedded insurance for the automotive sector, has secured a strategic investment from Allianz as part of its recently announced Series B funding round. The Series B round was led by Alma Mundi Ventures and Opera Tech Ventures, with Allianz joining as a new strategic investor, though the company did not disclose the funding...
From burden to catalyst: How regulation is reshaping financial innovation
The pace of regulatory change shows no sign of slowing. Regulators around the world continue to refine and tighten rules to prevent market abuse, protect consumers and minimise the risk of another major crash. While satisfying the obligations of new regulation can seem like a constraint on the business, it can also work in quite the opposite way. It can...
Norm Ai targets DDQ and RFP delays with automation
Norm Ai has launched a DDQ & RFP Completion solution to help firms answer investor questionnaires faster while keeping responses accurate, traceable, and consistent across teams. The company said legal and compliance expertise is often hard to scale because key knowledge sits with a small number of specialists and is spread across documents, business units, and historic submissions. The new product...
Monzo launches free HMRC-recognised tax tool for sole traders
Monzo, the digital bank with more than 800,000 business customers, has published new research highlighting the scale of tax and accounting costs for British small businesses while unveiling a new free tax tool designed to support upcoming Making Tax Digital changes. According to Monzo’s findings, UK small businesses collectively invest close to £5bn (£4.8bn) each year in tax and accounting...
SimCorp, a global FinTech provider to the investment management industry, has revealed that a significant majority of buy-side firms are now actively using artificial intelligence to support front-office activities. According to the company’s newly released 2026 InvestOps Report, 70% of buy-side firms are successfully employing AI within their front office. This represents a substantial increase compared to the same study...
Ecommpay, an inclusive global payments platform, has partnered with NORBr, an infrastructure-as-a-service provider, to give NORBr partners instant access to Ecommpay’s full-stack acquiring and orchestration ecosystem, strengthening their ability to expand into global markets. The collaboration combines NORBr’s payment infrastructure with Ecommpay’s smart acquiring capabilities, delivering a fast and powerful solution designed for merchants, Payment Facilitators (PayFacs), Independent Software Vendors...
Revolut Pay targets agentic commerce with AP2 integration
Revolut, a global financial services company, has announced a new strategic pillar for Revolut Pay, its one-tap checkout solution, as it looks to support frictionless payments across the emerging landscape of agentic commerce in the UK and European Economic Area (EEA). At the centre of the strategy is Revolut Pay becoming one of the first EU payment methods compatible with...
Gen Z prioritise everyday perks over interest rates when choosing banks
Pay.UK, the owner and operator of the Current Account Switch Service, has commissioned new research revealing that Gen Z in the UK are more likely to judge a ‘good bank’ by everyday rewards and digital convenience than by traditional interest rates. The study surveyed 1,004 UK adults aged between 16 and 28 and found that nearly three-quarters (72%) of Gen...
Jet Bank partners Backbase to launch Albania’s first digital bank
Jet Bank, a newly established digital bank, and Backbase, an AI-powered banking platform provider, have partnered to launch Albania’s first digital-only bank, enabling a rapid six-month journey from setup to full market launch. The strategic partnership sees Jet Bank adopting Backbase’s AI-powered Banking Platform as its digital engagement layer, supporting customer interactions across mobile and web channels. The platform integrates with...
The UK annuities market is entering a new era. Providers are navigating a landscape of increasing product complexity, volatile economic conditions, stricter regulatory oversight, and heightened capital and liquidity pressures. Traditional pricing workflows, built on spreadsheets, legacy systems, and fragmented models, are struggling to keep pace. Delays, errors, and manual reconciliation are holding back innovation, while operational risk rises.
The UK annuities market is entering a new era. Providers are navigating a landscape of increasing product complexity, volatile economic conditions, stricter regulatory oversight, and heightened capital and liquidity pressures. Traditional pricing workflows, built on spreadsheets, legacy systems, and fragmented models, are struggling to keep pace. Delays, errors, and manual reconciliation are holding back innovation, while operational risk rises. In...

News Stories

Cross-border payments: balancing AML and financial inclusion

Cross-border payments: balancing AML and financial inclusion

Cross-border payment service providers are facing heightened regulatory scrutiny following new anti-money laundering and counter-terrorist financing (AML/CFT) guidance issued jointly by Finansinspektionen and the...
Five payment fraud trends reshaping financial crime

Five payment fraud trends reshaping financial crime

Payment fraud is undergoing a fundamental transformation, and the pace of change is accelerating. According to Tieto Banktech, five key trends are reshaping the...

Beyond extraction: what AI documents really need

Artificial intelligence has fundamentally changed the way organisations handle documents, yet for many businesses, the promise of intelligent automation continues to fall short of...
SolvaPay raises €2.4m for agentic payment layer

SolvaPay raises €2.4m for agentic payment layer

SolvaPay, a Stockholm-based AI payments platform, has closed a €2.4m ($2.8m) pre-seed funding round to develop what it describes as the world's first payment...

CTBC Bank USA selects Narmi for digital banking push

CTBC Bank USA, a US-based retail and commercial bank, has chosen digital banking platform provider Narmi to underpin its upcoming digital banking modernisation programme. The...

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