Company News
Insurity unveils AI-powered platform to boost data accuracy and efficiency for insurers and MGAs
Insurity has introduced a new product, powered by OIP Robotics, designed to enhance the accuracy and efficiency of data extraction for insurers and MGAs. The solution, called Document Intelligence, incorporates cutting-edge capabilities in document AI vision and intelligent text extraction. By utilising advanced machine learning, it transforms unstructured documents into structured data with a remarkable 99% accuracy, seamlessly integrating this data...
Air Doctor, an Israeli HealthTech startup providing a platform that connects travellers with medical professionals globally, has raised $20m in a Series B funding round. The investment round was led by aMoon, a venture capital firm focused on health and life sciences, with participation from Tokio Marine Holdings, Samsung Ventures (SVIC), and previous investors Lightspeed Venture Partners, Vintage Investment Partners,...
As emerging economies continue to integrate into the global financial landscape, the demand for robust custodial services is surging.
Earnix, the global leader in intelligent SaaS solutions for financial services, has launched an advanced AI platform that is set to combine pricing analytics with automated credit risk decisioning.
Apono has announced a significant boost in its growth trajectory with a successful Series A funding round that garnered $15.5m.
As the CSRD gears up for a full roll-out, businesses across Europe are bracing for the introduction of mandatory ESRS by 2025.
The CSRD ushers in a robust framework to enhance the transparency and reliability of ESG disclosures.
FinTech News
Global RegTech funding experienced a steady increase of 5% in Q2 as deals over $100m grew
Key RegTech investment stats in Q2 2024: Global RegTech funding recorded a second consecutive quarterly growth during Q2 as investments grew by 5%
Deals over $100m increased by 44% from Q1 2024, which brought the average deal value for the quarter to $19.6m
KarmaCheck secured the largest deal for the quarter via its Series B funding with $45m In Q2...
The recently released Nordic Cyber Resilience Report 2024 highlights a growing concern in Finland, Norway, and Sweden over cybersecurity threats, with a significant 54% of surveyed organizations having experienced at least one severe cyberattack in the past year. Alarmingly, nearly 90% of respondents expect these attacks to continue rising. However, only 32% feel "very confident" in their organization's ability to...
Dragos, a pioneer in cybersecurity for OT environments, has acquired Network Perception, known for its NP-View, a top network visualization tool for OT networks. This strategic move is set to enhance the Dragos Platform by integrating exceptional OT network visibility with advanced compliance and segmentation analysis, aiming to protect critical OT infrastructures. The acquisition comes as cyber threats to industrial...
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