Hannover Life Reassurance Company of America has announced a significant leadership transition, as it looks to begin a new chapter for its US operations. The company, known as Hannover Re US, confirmed that Tiffany Norman will assume the role of president and CEO from 1 January 2026. She will succeed Pete Schaefer, who is set to retire at the end...

Fiserv, a global provider of payments technology, and Mastercard have announced an extension of their long-standing partnership aimed at advancing agentic commerce for merchants worldwide. The reason for the partnership expansion is to help merchants adapt to a rapidly evolving digital payments landscape where artificial intelligence-driven agents are increasingly capable of transacting on behalf of consumers. As commerce becomes more autonomous,...

Interactive Brokers, a global automated electronic broker providing multi-asset trading and investment services, has announced the launch of a redesigned version of its IBKR GlobalTrader mobile app. The IBKR GlobalTrader app is designed as a simplified companion to the firm’s flagship IBKR Mobile platform. The redesigned app features faster navigation, a cleaner interface, and improved usability, while preserving access to...

Bloomberg, a global provider of financial data, analytics, and news for professional markets, has published new research highlighting how artificial intelligence is reshaping competitive dynamics across Europe’s financial services sector. The research, based on responses from over 300 senior decision-makers, was conducted to understand how European finance leaders perceive the risks and opportunities associated with AI adoption. According to the...

Diginex, a sustainability RegTech and data management provider listed on Nasdaq, has appointed Lorenzo Romano as deputy chairman, strengthening its board as the company positions itself to capture growing global demand for ESG and sustainability compliance solutions. Founded to help organisations manage ESG data, reporting and regulatory obligations, Diginex delivers technology platforms designed to support transparency, data integrity and regulatory...

DigitalXForce, an AI-native governance, risk and compliance (GRC) and enterprise security risk posture management (ESRPM) provider, has secured $5m in strategic investment, lifting the company’s valuation to $100m. The funding round includes continued backing from seed investors Innovating Capital and Kapital.io, alongside new strategic participants. The capital raise comes as enterprises increasingly abandon legacy, point-in-time GRC tools in favour of real-time,...

Knight FinTech, an Indian banking and digital lending infrastructure provider, has successfully raised $23.6m in a Series A funding round. The round was spearheaded by Accel, with participation from IIFL and Rocket Capital, alongside existing backers Prime Venture Partners, 3one4 Capital, Commerce VC and Trifecta Capital, according to a report from YourStory. The capital raise, completed through multiple tranches, comes as...

Merak Capital, a Saudi investment firm licensed by the Capital Market Authority, has completed a $54m investment in DSShield, supporting the firm’s next phase of growth. The new funding will be used to expand DSShield’s security operations capacity, strengthen advisory and implementation capabilities, scale managed services, and accelerate investment in proprietary technology, according to a report from Wamda. The partnership...

Architect Financial Technologies, a FinTech company focused on institutional trading infrastructure, has raised $35m in a strategic Series A funding round to accelerate the growth of its newly launched perpetual futures exchange, AX. The funding was secured to support the next phase of expansion for AX, which launched last month and is positioned as the financial industry’s first centralised exchange...

Prosperr.io, a Bangalore-based FinTech SaaS company focused on building AI-powered tax management infrastructure for individuals and enterprises, has secured $4m in seed funding. This investment takes its total capital raised to $5.55m since it was founded in 2022, according to a report from SME Street. The seed round was led by Jungle Ventures, with participation from Yatra Angel Network, Sadev Ventures...