Biometric facial recognition has become an increasingly important verification tool for customer onboarding and ongoing compliance.

Zaggle, a spend management software-as-a-service provider, has reportedly secured INR 500m ($6m) in debt funding from Vivriti Asset Management.

TDAM has launched its first actively managed ESG-related fixed-income product, the TD North American Sustainability Bond Fund.

LexisNexis Risk Solutions has enhanced its home insurance AI solution to expedite and improve the home insurance underwriting process.

Proven, a firm that enables exchanges, stablecoins, asset managers and custodians to prove their solvency, has raised $15.8m in a seed round.

The total value of payments through Central Bank Digital Currencies (CBDCs) is expected to reach $213bn annually by 2030, according to a report from Juniper Research.

Connectd, which helps connect investors and startups, has reportedly collected $2.6m in a fresh funding round.

Powerfleet, a provider of Internet of Things (IoT) software-as-a-service (SaaS) solutions, is to acquire insurance telematic company Movingdots and a subsidiary of Swiss Re.

Relm Insurance, a specialty insurance carrier serving innovative industries, has partnered with NetDiligence to deliver a suite of cyber risk monitoring solutions to policyholders.

Violet, a provider of privacy-protective compliance and identity infrastructure for DeFi, has bagged $15m in a funding round.