Authentic Insurance, a New York-based InsurTech startup, has successfully raised $11m in a Series A funding round.

Personalisation has continued to feature as an integral part of digitalisation strategies. Spurred on by the demand for it by consumers, companies across the financial services landscape are transforming their products to be personalised to specific customer needs.

The recently launched 2024 Surveillance Benchmarking Survey & Report from 1LoD and co-sponsored by MCO (MyComplianceOffice), sheds light on the evolving landscape of surveillance across financial institutions. The insights, gathered from over 30 prominent banks globally, highlight significant developments in the ways these institutions approach compliance and surveillance.

Zūm Rails has announced the launch of a large-scale Banking as a Service (BaaS) project, aiming to expand its platform with bank-like services for enterprise clients.

BankTech Ventures, a strategic investment fund redefining the landscape of community banking through innovative investments, has announced its recent investments in three bank-enabling technology companies: Equabli, Filejet, and Monit. These investments aim to deliver essential solutions tailored to address critical challenges faced by community banks, such as the impending increase in customer delinquencies, attracting and retaining small-to-medium-sized businesses (SMBs), and...

The round was led by Entrée Capital, with participation from existing investors Felix Capital and Project A.

WealthOS, the cloud-native wealth management infrastructure platform provider, has announced the successful closure of its seed round, raising £4m.

Earnix, the leading global provider of AI-based SaaS solutions for financial services, has announced a strategic collaboration with Verisk to boost efficiency in commercial insurance pricing.

Fraudsters can now easily create fake documents online or purchase forged ones with just a few clicks. As a result, detecting document fraud has become nearly impossible, making loan applications, insurance claims, and onboarding processes extremely high-risk areas. Generative AI fraud is here to stay, and this is just the beginning. However, there are effective ways to detect fake documents -...

Fenergo, the leading provider of digital solutions for KYC, CLM and transaction monitoring, has launched AI Powered CLM.