Oxbow Partners, the specialist management consultancy for the insurance industry, has announced the opening of a New York City office, marking the firm’s first dedicated presence in North America. The New York office will provide corporate clients across North America with strategic advisory services, including commercial due diligence, post-acquisition strategy development, and integration support. Oxbow Partners will leverage its deep expertise...

Did you know that a regulation changes somewhere in the world on average, every 12 minutes? Vixio takes the heavy lifting out of regulatory change management. For two decades, Vixio has provided financial services and gambling firms with a platform that combines AI-enhanced technology with expert analysis to automate and simplify regulatory change, mitigate risk and uncover growth opportunities. Vixio launched...

AMLYZE and Vinted Pay, the payments subsidiary of European second-hand marketplace Vinted, have entered into a partnership to support the secure expansion of Vinted Pay across multiple markets.  The partnership has been formed to ensure that as Vinted Pay is rolled out gradually across Vinted’s markets, its onboarding and payment processes remain compliant with evolving AML/CFT requirements, while maintaining a...

Nevado AI, an AI-native technology company, has officially launched its platform designed to help financial and insurance institutions harness agentic AI without the burden of legacy infrastructure. The launch comes as financial and insurance sectors face mounting pressure to modernise operations. Legacy systems have created constraints, slowing innovation and decision-making. Nevado AI aims to remove these obstacles, giving organisations the tools...

Manual know your customer (KYC) processes continue to create friction across regulated financial services, slowing onboarding, frustrating customers, and quietly increasing compliance exposure. According to AiPrise, as customer volumes grow, reliance on human-led checks introduces bottlenecks, inconsistency, and operational risk. Enforcement actions underline the stakes involved. In 2025, FinCEN assessed a $3.5m civil penalty against Paxful for failures linked to...

Sedgwick, the world’s leading risk and claims administration partner, has announced the launch of its new Sedgwick Global Specialty platform, a dedicated solution designed to manage the largest and most complex insurance losses worldwide. The launch comes as Sedgwick responds to a fundamental shift in global claims patterns and rising client demand for deeper technical expertise. Changes in global commerce, evolving...

Duck Creek Technologies, a global P&C insurer, has been selected by Frankenmuth Insurance to modernise its agency and producer management capabilities as part of the insurer’s wider digital transformation programme. The firm is set to deploy its Duck Creek OnDemand Distribution Management to replace Frankenmuth's legacy agency and producer management system. The platform is now live and supports multiple lines of...

Nationwide Building Society and Moneyhub have entered into a new partnership aimed at enhancing how customers understand and manage their spending. The partnership has been established to help Nationwide create deeper, more meaningful spending insights for its 16 million customers across the UK. By integrating Moneyhub’s technology, Nationwide is seeking to provide customers with clearer visibility into their financial activity,...

Novee has emerged from stealth with $51.5m in total funding, marking one of the fastest early-stage funding trajectories seen in the cybersecurity sector. The funding round was led by YL Ventures, Canaan Partners and Oren Zeev through Zeev Ventures, backing the company less than four months after its founding as investor interest accelerated alongside growing concerns around AI-powered cyber threats. Founded...

New York Life has entered into a strategic partnership with artificial intelligence firm Norm Ai to strengthen and modernise its compliance operations. NYL Ventures began working with Norm Ai before the company’s official launch, engaging with founder and CEO John Nay to provide early feedback on product development. As the relationship developed, NYL Ventures introduced Norm Ai to New York Life’s...