HCLSoftware, a pivotal division of HCLTech, has declared its plan to acquire Zeenea, a prominent innovator in metadata management based in Paris.
NatWest, a major player in the banking sector, has expanded its collaboration with Reward, a global leader in customer engagement and commerce media.
As a firm prepares to launch a mutual fund, it's crucial to establish a solid distribution strategy. ACA Group, which offers governance, risk and compliance support, recently offered a guide for intermediary channels for mutual fund distribution.
FinTech funding performed solidly this week as $857.2m was raised on a week where the USA continued to lead the market in terms of deal activity.
Key Australian FinTech investment stats in Q2 2024: • Trend analysis showed a potential 60% drop-in deal activity in YoY comparison base on deal making pace in the first half of 2024
• Average deal value dropped to $17.6m which could indicate a shift in investment strategies
• Cover Genius secured the largest deal for H1 2024 in the Australian FinTech market...
The battle against financial crime is ongoing and complex, with Know Your Customer (KYC) protocols at the forefront of safeguarding compliance and securing business operations.
MyComplianceOffice (MCO), a leading provider in the RegTech sector, has recently acquired industry player Pythagoras Solutions.
Walnut, an innovative company in the insurance distribution sector, has successfully closed a $4.6m funding round. The funding round was led by NAventures, the corporate venture capital arm of National Bank of Canada, with additional participation from TELUS Global Ventures, Diagram Ventures, Portage, and Highline Beta, according to FF News. This investment marks a significant milestone for Walnut, as it looks...
Commercial/Enterprise Insurance
Kalepa’s Copilot platform selected by Merchants Insurance Group to drive underwriting excellence
Merchants Insurance Group, a prominent mutual insurance company headquartered in Buffalo, has chosen Kalepa’s Copilot underwriting platform to significantly bolster its commercial underwriting capabilities.
Cresso Health, an emerging InsurTech firm specialising in sales and marketing solutions for health insurance carriers, has officially launched its operations in the United States.
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