WeLab, a pan-Asian FinTech platform operating digital banks and online financial services, has completed a $220m Series D strategic financing, marking the largest digital banking capital raise in Asia in 2025.

Augusta Mutual, a Virginia-based insurer, has partnered with ZestyAI, a risk and decision intelligence platform, to enhance property underwriting accuracy and support sustainable growth across the state. The partnership will see Augusta Mutual implement ZestyAI’s Roof Age and Z-PROPERTY™ solutions, enabling more precise underwriting, targeted inspections, and a broader, AI-driven view of property risk. The tools deliver property-level insights including verified...

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,...