Tag: Fintech

Lucinity, an emerging firm in FinTech, has launched its latest product, a generative AI copilot plugin, at Money2020 Europe.

Marine war risk insurer Vessel Protect, a managing general agent under the Pen Underwriting UK umbrella, has announced the appointment of James Kent as senior business development underwriter, effective June 3.

Vantage, a prominent insurance provider, has unveiled it is underwriting U.S. primary cyber insurance through its U.S. insurance subsidiaries, offering up to $10m in capacity.

The Common Reporting Standard (CRS) has significantly impacted financial institutions (FIs) globally, aiming to enhance tax transparency and cooperation among jurisdictions. Taiwan's Ministry of Finance, in a report issued in May 2024, highlighted several ongoing deficiencies in Taiwanese financial institutions' adherence to these requirements.

GradGuard has expanded its renters insurance program to include students coverage in Rhode Island.

Pipe, the modern capital platform known for fast, frictionless, and dilution-free funding, has successfully secured a $100m credit facility from Victory Park Capital (VPC), a global alternative investment firm with a focus on private credit.

The 2024 1LoD Surveillance Benchmarking Survey & Report, featuring insights from over 30 leading global banks, has highlighted the pressing need for banks to update their call surveillance practices. Sponsored by Wordwatch, the report outlines the operational and financial risks associated with maintaining multiple legacy systems.

The global financial landscape is witnessing a surge in interest in Sukuk, a Sharia-compliant financial instrument gaining traction beyond Islamic communities.

Jump, an AI software for financial advisors, announced today that it has secured a funding round of $4.6m.

Hawk, a key player in the FinTech industry, has announced a significant boost to its Series B funding today, marking an increase in valuation.