Procurify, a leading provider of proactive spend management solutions, has recently unveiled a new accounts payable automation tool.
FAT32, an innovative RegTech company founded in 2024 and based in Sunderland, recently marked its introduction to the cyber security market by securing a significant initial funding.
Corlytics known for its expansive regulatory technology solutions, has announced the appointment of Graham Howell as its new CFO. This strategic move is part of the firm's ongoing global expansion efforts, particularly following a significant growth phase in the United States and recent acquisitions including the RegTech platform from Deloitte UK, ING's SparQ, and Clausematch. The company operates at the forefront...
Regal, a leading provider of AI-powered contact centre software, has successfully secured $40m in funding to accelerate the development and deployment of its innovative AI Phone Agent technology. This investment aims to enhance customer experiences and streamline operations for businesses across various sectors, according to InsurTech Insights. The recent funding round attracted several notable investors, although specific names were not disclosed....
Commercial/Enterprise Insurance
WTW’s ResQ Machine-led Reserving technology promises efficiency for insurers and reinsurers
WTW, a leading global advisory, broking and solutions company, has launched a new product designed to address the long-standing challenges within the insurance industry, particularly the costly and infrequent analyses required for financial reporting. The product, known as ResQ Machine-led Reserving, is designed to enhance the speed and precision of reserving processes, WTW aims to empower insurers and reinsurers to...
QBE North America, a prominent provider of property and casualty insurance solutions, has announced the appointment of Matt Westhoff as president of its Commercial Insurance business. The move, which becomes effective November 11, 2024, will see Westhoff oversee a portfolio exceeding $1bn, which encompasses workers’ compensation, property programmes, commercial construction, and specialty casualty lines, according to the Coverager. As a leader...
Starling Bank, a leader in the UK's FinTech sector, has introduced a pioneering feature within its app to enhance security and customer confidence. Known for its customer-centric solutions, Starling continues to innovate by addressing pressing financial security concerns. The motivation behind the new feature is to combat the prevalent issue of bank impersonation scams, which cost UK residents around £78.9m annually....
The UK’s new Labour government has released its first budget and has been received to a mixture of praise and cynicism.
The MAS has unveiled its latest strategic development in FinTech, the Global Finance & Technology Network (GFTN).
Tabs, a leader in revenue automation for B2B businesses, announced today that it has secured $25m in Series A funding.
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