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. In...

Financial advisors sit in one of the most heavily regulated corners of financial services, and the job is getting harder as client expectations rise, rulebooks evolve, and digital communications move faster than most supervisory processes. According to Theta Lake, in that environment, financial advisor compliance is no longer a back-office checklist. It is a core part of how firms...

Cosegic, a compliance and regulatory advisory group, has acquired FINTRAIL, a specialist financial crime consultancy, in a move designed to expand the group’s financial crime and regulatory risk capabilities. The acquisition is intended to strengthen Cosegic’s depth in financial crime risk management and broader regulatory risk support, as demand rises for specialist expertise amid increasingly complex regulatory expectations. Cosegic provides compliance...

Sinpex, an AI-powered platform for KYB/KYC lifecycle management, has secured fresh funding to grow its compliance automation business across Europe. The company raised €10m in a Series A financing round led by BlackFin Capital Partners, with participation from existing backers ACE Ventures and TX Ventures. Sinpex positions itself as an end-to-end SaaS platform covering the customer and regulatory lifecycle for business...

TechAssure, an international network of insurance brokers focused on complex and emerging risks, has expanded its Latin American presence with the addition of Vitae Group’s São Paulo brokerage team. The move is designed to enhance collaboration across the network and support clients operating in markets characterised by innovation, cross-border activity, and increasing risk complexity, according to FF News. The addition also...

HawkSoft, an InsurTech provider specialising in agency management systems, and AgencyFocus, a financial advisory firm focused on supporting independent insurance agencies, have announced a strategic partnership designed to give agencies greater visibility and confidence in their financial performance. The partnership has been formed to help independent insurance agencies better understand their financial position and make more informed long-term decisions, according...

Swiss InsurTech Credura, a FINMA-licensed digital insurance advisory firm, has launched what it describes as the first AI-based insurance adviser designed specifically for private individuals, following the completion of a successful pilot phase. The newly launched platform automates the ongoing management of insurance policies and provides independent advice across insurers and products, according to FinTech News Switzerland. By consolidating existing policies...

Financial institutions are under growing pressure to onboard clients at speed, without slipping on regulatory expectations that demand traceability, governance and evidence. Commercial teams want fewer drop-offs and faster conversion, while compliance teams need controls that stand up to audits and ongoing scrutiny. According to KYC360, the result is a fragile balance, where the onboarding journey often becomes the first...

Lloyd’s, the world’s leading insurance and reinsurance market, has announced the appointment of Jim Bichard as chief financial officer, with the senior hire set to join the organisation in April 2026. Bichard will become a member of Lloyd’s Executive Team, reporting directly to chief executive Patrick Tiernan, and will also take a seat on the Council of Lloyd’s. Lloyd’s operates as...