EIS, a leading SaaS core platform provider for the US Group Benefits Market, has integrated AbsenceSoft, a market-leading absence management solution, into its cloud-native ecosystem. This strategic partnership aims to improve the operational management of group and voluntary benefits insurers. By integrating AbsenceSoft’s technology, EIS enhances the ability of insurers to manage a wide array of insurance claims, including disability and...
Understanding the nuances of W-8IMY Forms is crucial for foreign intermediaries, flow-through entities, and certain U.S. branches, which must certify their status for withholding tax purposes.
Coconut Software has announced a partnership with Glia to enhance the efficiency and effectiveness of customer interactions across various channels within the financial sector. The partnership seeks to integrate Coconut’s advanced scheduling technology into Glia’s Unified Interaction Management platform. The goal is to streamline customer and member engagement for financial institutions, allowing individuals to receive timely support through their preferred channel...
The insurance industry has undergone a significant transformation over the past few years, largely driven by the hastening adoption of technology and vastly evolving consumer expectations. Among the key players in this evolution is Peak3, a leading provider of SaaS solutions tailored specifically for the insurance sector. With a strong commitment to innovation and a focus on digital transformation,...
Revolut, a leading FinTech company offering a wide range of financial services, has announced a new offering for its UK business merchants. The company, known for its innovative approach to personal and business finance, will now enable merchants to accept American Express cards, tapping into a premium customer base with higher spending potential, according to Finextra. The decision to include American...
In late 2022, the SEC implemented Rule 206(4), marking a significant change in compliance requirements for Investment Advisers (IAs).
Key LATAM FinTech investment stats in H1 2024: LATAM FinTech funding increased by 15% YoY
Average deal value rose by almost 3x as investors focused on higher value opportunities
Celcoin secured the biggest deal for H1 2024 in LATAM with a $125m funding round In H1 2024, the Latin American FinTech market saw mixed performance in terms of deal activity...
This week's overall FinTech funding surpassed $1bn as the sector continued its forward momentum. Overall, 21 deals took place over the past seven days, with a $267m tranche landed by AI-PayTech Zepz claiming the plaudits for this past week. There was still some room for other big fish though. Lendbuzz in particular secured a mammoth cash injection, bagging $262m. The week was...
FinTech News
Intelligent AI and BCIS launch AI-driven platform to revolutionise property rebuild cost assessments
Intelligent AI, an InsurTech leader, has formed a strategic partnership with the Building Cost Information Service (BCIS), a renowned entity with over six decades of expertise in compiling and analysing construction costs.
Lakeside Bank and Volante Technologies have embarked on a strategic partnership aimed at transforming Lakeside's payment processing capabilities.
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