Allianz SE, a leading global insurance group, and Anthropic, a US-based AI research company, have entered into a global partnership to accelerate the adoption of responsible AI across Allianz’s operations. The collaboration aims to empower employees, automate operations through agentic AI, and ensure strong regulatory compliance within Allianz, according to InsurTech Insights. The companies are working together to integrate advanced...

Insurity, a leading software provider to the property and casualty insurance industry, has appointed Jatin Atre as president. Atre will oversee the company’s growth strategy and AI-powered transformation across its policy, billing, claims, and analytics platforms, aimed at helping insurers automate processes and unlock data-driven insights. The firm provides core systems and software solutions purpose-built for commercial insurance. Its platforms enable...

BlackOpal, a LATAM-focused global payments finance platform specialising in tokenised real-world assets, has secured significant backing to support the launch of its latest institutional product aimed at opening up Brazilian credit card receivables to global investors. The launch of GemStone is backed by a $200m, three-year anchor facility structured by Mars Capital Advisors, a Swiss-based firm focused on working capital...

Droit, a RegTech firm specialising in computational law and regulation, today announced the launch of Decision Decoder, a new AI-powered tool designed to provide context-aware explanations for decisions generated by its patented Adept platform. The launch reflects growing pressure on financial institutions to demonstrate transparency, traceability and auditability in automated compliance decisions, particularly as firms increasingly rely on AI and...

Rain, an enterprise-grade FinTech providing infrastructure for stablecoin-powered payments, has raised fresh capital of $250m in a Series C. The company secured $250m in a Series C funding round led by ICONIQ, with participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest, and Endeavor Catalyst. The round values Rain at $1.95bn and brings its total funding...

Auto lenders are facing one of the toughest operating environments in recent memory. Vehicle prices have risen sharply, borrowing has become more expensive, and competitive pressure has intensified across both direct and indirect channels. At the same time, lending teams are under pressure to maintain volumes, manage risk and protect profitability, often with fewer resources than before. Against this...

Data has become central to how financial services firms operate, innovate and compete. From payments and customer communications to analytics, automation and AI-driven decision-making, institutions are increasingly dependent on vast volumes of structured and unstructured data. According to Theta Lake, as regulatory scrutiny tightens and digital engagement accelerates, data governance in financial services is no longer viewed solely as...

Majesco, a provider of cloud-native and AI-native insurance technology serving the P&C and L&AH markets, has completed the acquisition of Vitech, a specialist in cloud-native pension and benefits administration solutions. The acquisition is designed to broaden Majesco’s addressable market and reinforce its position as a category leader in next-generation core platforms, according to FF News. While the value of the transaction...

Artificial intelligence is not new to regulated financial services. Machine learning, automation and pattern recognition have long been embedded in systems supporting risk management and operational oversight. According to Red Oak, what has changed is the growing assumption that AI should now be embedded everywhere, often without sufficient consideration of what that means inside a tightly regulated compliance environment. That...

Key global FinTech investment stats in 2025: Global FinTech funding grew by 7% YoY Deals over $100m increased by 21% as investors concentrated on more established companies FNZ, a UK-based WealthTech providing an end-to-end digital wealth management platform for shares, ETFs, futures and alternative investments, secured one of the biggest FinTech deals of the year with a $650m funding...