Key Global InsurTech investment stats in H1 2024: Global InsurTech investments halved in H1 YoY US companies cemented its place on the Global InsurTech stage completing 45% of all deals for the first half of the year Element, startup offering white-label insurance products, secured the largest deal in the German InsurTech market for the first half of the year,...

CaixaBank, a leader in mobile payments, has joined forces with Apple, a global technology giant, to enhance the digital banking experience for its customers.

BNY, The Bank of New York Mellon Corporation, is a powerhouse in global financial services, while Kanexa stands as a leading figure in automation solutions.

Sharegain, a leading securities lending FinTech, and DriveWealth, a prominent financial technology platform known for its Brokerage-as-a-Service offerings, have recently unveiled a strategic partnership aimed at expanding opportunities within the securities lending market globally.

Nium, the leader in global infrastructure for real-time cross-border payments, has teamed up with Swift, the renowned provider of secure financial messaging services.

Tookitaki, a leader in anti-financial crime software, has recently secured a strategic investment from True Global Ventures (TGV) Opportunity Fund.

Onesurance, a Dutch InsurTech startup focused on AI solutions for the insurance industry, has secured seed funding to accelerate its growth and expand its innovative technology.

The growing prevalence of APP fraud has long focused financial institutions on the need for robust detection and prevention strategies. However, a critical component often remains on the back burner: the recovery of stolen funds. In an upcoming webinar titled “Beyond prevention and detection: the essentials of APP fraud recovery,” experts from Salv and Thistle Initiatives will shed light...

Form 1042-S is an essential instrument in the U.S. tax system, serving as an annual tax return for withholding agents who manage, control, or pay certain types of income to foreign persons. Comply Exchange has stated this form is pivotal for reporting amounts paid that are subject to withholding under Chapters 3 and 4 of the Internal Revenue Code during...

As 2024 draws to a close, the financial services sector is gearing up for a dynamic compliance landscape in the coming year. With regulatory frameworks becoming increasingly stringent, organisations must stay ahead of emerging trends to navigate these changes successfully. The advent of advanced technologies, especially artificial intelligence (AI), continues to reshape risk management practices, introducing both challenges and...