Novidea, a global leader in cloud-native insurance management platforms, has partnered with Colmobil, a major distributor of private and commercial vehicles and automotive services provider, to modernise and unify its insurance operations. The deployment of Novidea’s end-to-end platform will streamline workflows, reduce manual processes, and improve data-driven decision-making across Colmobil’s insurance business, supporting operational efficiency and scalability. Colmobil operates as a...

HDI Global, a corporate and specialty insurer, has launched a representative office in Seoul, Republic of Korea, marking a significant step in its expansion across the Asia–Pacific region. The Seoul office is designed to enhance the insurer’s engagement with local brokers, cedents, and clients, capitalising on Korea’s estimated EUR 80bn property and casualty market, according to InsurTech Insights. A dedicated local...

Santam, Africa’s largest short-term insurer, Alchemy Technology Services, a systems integration specialist, and Buckhill, a cloud-based insurance technology provider, have partnered to launch a new Lloyd’s PAS. The platform supports Santam Syndicate 1918 and was delivered in under three months, combining Buckhill’s C2MS® technology with Alchemy’s programme governance and ecosystem coordination. Built in collaboration with specialist insurance technology partners, the platform...

For much of the past decade, the AML technology stack has grown in line with regulatory anxiety rather than strategic intent. As the RegTech boom gathered momentum, financial institutions rushed to acquire single-purpose tools to address specific compliance gaps, often under pressure from new rules or supervisory findings. According to RelyComply, what once felt like progress has gradually become a...

Corgi, a US-based InsurTech company focused on building a full-stack, AI-native insurance carrier for startups, has raised $108m in funding following regulatory approval to enter the market. The newly raised capital will be used to scale Corgi’s startup insurance line, including expanding the breadth of coverage offered, growing distribution channels and further developing the AI systems that underpin underwriting, claims...

Cascade has launched a new feature designed to address one of the most persistent operational challenges in compliance: the treatment of name screening alerts. The new capability has been introduced in response to the growing volume of name screening alerts faced by compliance teams, alongside increasing regulatory scrutiny across the EU and Luxembourg. Manual alert triage remains time-consuming and repetitive,...

By the end of 2025, artificial intelligence had moved decisively from theory to practice across financial crime functions. At industry events ranging from Transform Finance and ACAMS chapter meetings to Money20/20 and senior 1LoD gatherings, the same conclusion surfaced repeatedly: AI is no longer experimental, said Quantifind. It is becoming operational infrastructure for financial institutions, forcing leaders to confront a more...

Klearly, a hospitality-focused payments platform built specifically for restaurants, bars and clubs, has secured fresh funding as it looks to accelerate its expansion across Europe and strengthen its position in a highly competitive payments market. The Amsterdam-based FinTech has raised €12m in a Series A funding round. The investment was led by PayPal Ventures, with participation from Italian Founders Fund,...

botim money, the financial services arm of botim, and Mastercard, the global payments technology company, have announced a strategic collaboration to expand global remittance capabilities through Mastercard Move. The partnership is designed to broaden access to fast, secure and seamless cross-border money transfers, enabling botim money users to send funds from the UAE to more than 150 countries directly within...

Checkout.com, a global digital payments provider, has secured regulatory approval for a Merchant Acquirer Limited Purpose Bank charter in Georgia, a move that accelerates its US expansion and positions the company for full charter banking operations in 2026. The company confirmed it has received approval for its Merchant Acquirer Limited Purpose Bank (MALPB) charter from the Georgia Department of Banking...