Coterie Insurance, a tech-enabled MGA simplifying small business insurance, has introduced workplace violence insurance coverage. This new offering, developed in partnership with Berkley Re Turnkey Solutions, aims to empower agents and brokers to support their small business clients in addressing workplace violence risks effectively. The company has launched this product in response to the increasing prevalence of workplace violence. As noted by...
Silent Push, a Reston, VA-based company, has recently completed a $10m Series A funding round. According to City Biz, the cybersecurity intelligence firm is known for its innovative approach to preemptive threat detection. This significant investment was led by Ten Eleven Ventures and Stepstone Group. Together with an early seed round, Silent Push's total funding has now reached $22m. The core...
Buy Now Pay Later (BNPL)
Klarna expands Apple Pay integration to Canada with flexible payment options
Klarna, the AI-powered global payments network and shopping assistant, has expanded its footprint to Canada. The new product was launched to provide Canadian consumers with fair and flexible payment options when using Apple Pay for online and in-app purchases, according to FF News. Following successful rollouts in the US and UK, Klarna aims to replicate its positive reception in Canada, enhancing...
ABN AMRO, a Netherlands-based financial institution known for its innovative banking solutions, has launched a new pilot feature called Achteraf Betalen (‘Pay Later’) for business clients. The new ‘Pay Later’ feature aims to address key concerns in the B2B e-commerce space, particularly those related to trust and payment flexibility. Research from the 2022 Market Monitor highlights that 90% of companies place...
Jersey has long stood as a pinnacle of financial services excellence, renowned globally for its robust trust and company administration services. According to Corlytics, catering to high-net-worth individuals and multinational corporations, the region provides an optimal environment for structuring wealth and corporate operations with efficiency. Boasting a flourishing fund management industry, Jersey oversees more than £450m in fund assets, excelling in...
According to a report by ACI Worldwide, authorized push payment (APP) scam losses are set to surge to $7.6bn by 2028 across six key real-time payment markets: the U.S., U.K., India, Brazil, Australia, and the UAE. This alarming rise highlights the growing sophistication of financial scammers who exploit the speed of real-time payments to orchestrate fraud, often bypassing traditional security...
Wald.ai, a pioneer in contextual data loss protection for AI platforms, has successfully closed a $4m seed funding round.
Astrix Security, a leader in the cyber security space, announced a significant boost in funding with a $45m Series B round.
Agentech, a leader in AI-driven insurance claims automation, has announced a strategic partnership with Odie to enhance the efficiency and accuracy of claims processing within the pet insurance sector. The partnership focuses on integrating Agentech’s suite of several hundred digital AI agents into Odie’s claims workflows. This technology is designed to streamline processes, boost accuracy, and elevate customer satisfaction during claims...
Scalapay and Trustfull have announced a partnership aimed at enhancing fraud prevention across Scalapay's European BNPL operations.
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