Latest AIA News, Insights & Analysis - FinTech Global

Peak3 secures largest Asian InsurTech deal H1 2024 as funding rounds halve

Singapore-based Peak3 secured the largest Asian InsurTech deal as funding rounds...

September 11, 2024

Key Asian InsurTech investment stats in H1 2024: Asian InsurTech deal activity halved in the first half of the year YoY India secured 30%...

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How UBO verification can safeguard against financial crimes

September 11, 2024

On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance security, ended up causing major disruptions across industries worldwide. The faulty software quickly wreaked havoc on IT systems reliant on Microsoft's operating system, with insurance firm Parametrix estimating $5.4bn in damages were done to Fortune 500 companies alone. Jeff Heine, Chief Revenue Officer of Novidea delved into why this calamity underscores the need for modern, sophisticated insurance management systems.

Why the CrowdStrike outage highlights a need for modern insurance management...

September 11, 2024

Paymob

Paymob secures $22m to bolster digital payment infrastructure in MENA

September 11, 2024

Optalitix, a specialist in insurance and finance software, has raised $3m in a follow-on fundraising round led by its existing investor, Calculus Capital.

Optalitix secures $3m funding to drive insurance software innovation

September 11, 2024