Tag: June 2023

Unlocking the potential for commercial success, dynamic financial crime risk assessments offer a multitude of benefits for financial institutions. Acuminor, a RegTech company explained that these benefits serve to bolster the financial health, stability, and long-term growth of these institutions.

Parrot, a technology-based court reporting firm, revealed today its innovative AI-enabled platform, designed specifically to assist insurance providers and legal firms expedite case resolutions...

The InsurTech industry is witnessing a significant transformation with the launch of Intelligent AI's novel Intelligent Rebuild Cost Validation Platform. This data-driven solution is set to confront the persistent issue of commercial property underinsurance, a problem that costs the UK market £340bn in annual premiums.

The shocking MOVEit data breach has left global businesses reeling and exposed the hard truth of our digital era - cyber threats are an inescapable reality. The enormity of the breach's impact, and the sensitive nature of the data now in the hands of hackers, has served as a sobering reminder of the catastrophic implications of cyber attacks and the spiralling chaos they can induce in the corporate world.

The ID FinTech firm, Amartha, which operates an Indonesian peer-to-peer lending platform, has successfully amassed an investment of $100m from Community Investment Management (CIM), a prominent US-based debt provider.

It was a week of small deals in the FinTech sector, with just $341m raised across the 34 funding rounds to close.

Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.

EdgeTier, the Dublin-based AI platform that revolutionises customer experience by leveraging conversational data, has announced the successful acquisition of €6m in Series A funding.

Silent Push, a detection-focused threat intelligence firm, has emerged on the market with an impressive total of $10m in seed funding.

Founded in September 2022, Filigran, the rising star in the cybersecurity arena, has recently raised an impressive €5m in seed funding.