Sector Updates

FamaCash and Stably sign partnership

Digital financial service network FamaCash has inked a deal that will see the Stably Corporation provide development support for Fama's portfolio of financial service platforms.

5.2 billion digital wallets to be in use by 2026

There will be 5.2 billion digital wallet users by 2026 – up from 3.4 billion in 2022 – as ‘superapps’ drive adoption in developing countries, according to research from Juniper Research.
Robeco

Robeco pioneers transparency with enhanced sustainability disclosures

Robeco is taking transparency to the next level by enhancing its sustainability disclosures on both factsheets and website platforms.

Wealth Dynamix joins Mayor’s International Business Programme to support international growth

Client lifecycle management solution developer Wealth Dynamix has joined the latest accelerator cohort of the Mayor’s International Business Programme.

Bought By Many secures £15m in Series B

Online insurance support platform Bought By Many has secured £15m in its Series B funding round.

Cybersecurity unicorn Aqua Security in pursuit of improving cloud safety

Aqua Security, a cloud native security provider, has secured a strategic investment from Capital One Ventures.
Canada-based CyberTech Beauceron Security gets CIBC backing

Canada-based CyberTech Beauceron Security gets CIBC backing

Canada-based cybersecurity SaaS platform Beauceron Security has received a growth capital facility from CIBC Innovation Banking.

Mexican banks face huge money laundering threat – FIU

Seven big Mexican banks face a huge risk of being used for money laundering, according to new research from the Financial Intelligence Unit.

Neo bank Monument Bank partners with Persistent Systems for developing its infrastructure

Neo bank Monument Bank has partnered with Persistent Systems to build a cloud-native digital banking platform for lending and deposit services to support Monument’s operations.
TMF

TMF Group unveils new ESG administration services for enhanced reporting

TMF Group, a frontrunner in the provision of compliance and administrative services, has unveiled its latest offering to the business world.

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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