Frankfurt-based firm Deutsche Börse is inching towards closing its €3.9bn takeover of the Danish investment management software company SimCorp.
Bold Penguin has joined forces with Next Insurance, to offer users unparalleled access to Next's general and professional liability products.
NFP, a prominent insurance broker, has announced its newest venture, Totalis Program Underwriters, a distinguished brand tailored for its specialty programme sector.
Financial institutions play a pivotal role in preventing money laundering. Over the past 18 months, government bodies have frequently highlighted shell companies as significant red flags in anti-money laundering (AML) activities. Consequently, one must ask, is your institution actively identifying shell companies in its transactions? More importantly, can it detect shell companies with tangible sanctions and watchlist links?
Everest Insurance, renowned for its global underwriting leadership, has unveiled a comprehensive business travel accident insurance solution.
Flex, the innovative financial technology firm, has announced the successful completion of its $120m Series A debt and equity funding round.
Key African FinTech investment stats in H1 2023:
• African FinTech deal activity reached 133 deals in H1 2023, a 38% drop YoY
• African FinTech companies raised a combined $555m in H1 2023, a 43% drop from H1 2022
• Nigeria was the most active FinTech country with 51 transactions, a 39% share of all deals African FinTech has seen a significant...
Post-deadline, the financial industry is grappling with the new standards set by the UK's latest regulatory mandate. The objective of this update is to bring more transparency and accountability to wealth management and insurance enterprises, fostering a more profound commitment to the consumer.
Online lending has the potential to outpace stocks, bonds, and real estate in profitability, based on the recent findings from the Gillmore Centre for Financial Technology.
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