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...

Project Eleven, a post-quantum cryptography startup focused on safeguarding digital assets, has raised $20m in a Series A round. The round was led by Castle Island Ventures, with participation from Coinbase Ventures, Fin Capital, Variant, Quantonation, Nebular, Formation, Lattice Fund, Satstreet Ventures, Nascent Ventures and Balaji Srinivasan. It also reported continued investment from Variant, Quantonation, Nebular and Formation. Project Eleven is...

Banks don’t struggle with KYC because they cannot access data; the bigger failure is that customer risk stops evolving once the onboarding file is signed off. According to Consilient, most institutions build an initial view of risk using relatively static attributes such as ownership structure, geography, industry and sector exposure, then use that snapshot to decide how intensive controls should...

Many compliance teams know the feeling: a risk event hits the headlines, the business starts asking questions, and yet your alert queues stay quiet—until days later, when signals finally show up and the case becomes a rushed clean-up exercise. In most institutions, this lag is not because analysts are slow. According to Opoint, it’s because the information arrives late,...

Coinbase Europe, the Dublin-based arm of the US crypto exchange, has received a €21.5m penalty from the Central Bank of Ireland (CBI) after the regulator found serious shortcomings in the firm’s AML controls. According to Flagright, the sanction, agreed as part of a November 2025 settlement, relates to breaches of Ireland’s Criminal Justice (Money Laundering and Terrorist Financing) Act...

Key Global FinTech investment stats in 2025: Global FinTech deal activity dropped by 24% YoY US firms accounted for 44% of all deals, reinforcing the country’s position as the main FinTech hub globally Cyera, a FinTech specialising in AI-driven data security, secured one of the biggest FinTech deals of the year with a $540m Series E funding round Global FinTech...

Mid Minnesota Federal Credit Union, a community-focused credit union serving central Minnesota, has partnered with InvestiFi, an InvestTech platform provider, to enable its members to invest digitally in stocks and digital assets directly from their checking accounts. Through the new partnership, Mid Minnesota Federal Credit Union (MMFCU) will onboard InvestiFi’s InvestTech platform within its online banking environment. The solution will...