Sector Updates

What-did-2022-bring-for-insurance-insurtech-trends-year

What did 2022 bring for insurance?

As 2022 draws to a close, FinTech Global spoke to industry executives to find out what trends stuck around from last year, what new patterns emerged and what the defining characteristics of the year were for the industry.

Purpose Financial receives investment from Allianz

Purpose Financial, which claims to be building the next generation of banking technology, has secured funding from the investment division of Allianz Group.

HIPS Payment Group partners with Banking Circle

, which delivers ground-breaking financial infrastructure for Payment businesses and Banks,

US banks required to report major cyber cases in 36 hours under new law

A new US law set to be introduced in May next year will require banks to report major cybersecurity incidents to federal officials within 36 hours.

The government issues new plan restore trust in Australia’s finance sector

The Royal Commission revealed serious ethical faults in the Australian finance sector. Now the government has revealed how it plans to fix them.
The hallmarks of a strong customer risk assessment process

The hallmarks of a strong customer risk assessment process

Customer risk assessment is where the company assess which type of risk a potential customer poses, whether they are existing or new clients.

Global WealthTech firm FNZ enters deal to snap up Appway

Global wealth management platform FNZ has entered a deal to acquire client onboarding and client servicing platform Appway for an undisclosed fee.

Mezu unveils new cashback programme

Payment company Mezu has tapped into another vertical with its latest offering.

Over two-thirds of insurers see digital transformation as crucial to survival

With Covid-19 putting stress on a lot of businesses, a survey from dacadoo finds that 68% of insurance executives see digital transformation as crucial for their business survival.

Chargebee sweetens the pot with $250m funding

Subscription management platform Chargebee has boosted its valuation to $3.5bn after it raised $250m in investment.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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