Big Data

Origami Risk picks up equity injection from Spectrum

Risk and insurance SaaS company Origami Risk has picked up an equity investment from Spectrum Equity.

Trade data platform Saphyre nabs $18.7m in Series A

Saphyre, which offers a service to structure all pre-trade data, has scored $18.7m for its Series A funding round.

Blackstone, Goldman Sachs exit Ipreo to IHS Markit in $1.85bn deal

Blackstone and the private equity arm of Goldman Sachs have agreed a $1.85bn sale of financial services data business Ipreo to Nasdaq-listed IHS Markit.

cnvrg.io to open offices in New York after funding round

Data science solution cnvrg.io has scored $8m in both seed and Series A funding, allowing the startup to open offices in New York.

ESMA releases final MiFID II and MIFIR market data obligations report

The European Securities and Market Authority (ESMA) has published its final report on MiFID II and MiFIR obligations concerning market data.

Fingerprint Cards, Morix team to introduce biometric payment card in Japan

Swedish biometrics specialist Fingerprint Cards has partnered with Japanese electronics firm MoriX to develop and launch biometric payment cards in the Japanese market.

European open banking report reveals huge growth potential for the sector

A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.
Pantomath secures $14m Series A funding led by Sierra Ventures

Pantomath secures $14m Series A funding led by Sierra Ventures

Pantomath, a "data pipeline observability and traceability platform", has successfully completed a Series A funding round, amassing $14m. This funding initiative was spearheaded by the...

FCA provides warnings to banks over money laundering failings

The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
EBA

EBA publishes final guidelines on remote customer onboarding

The European Banking Authority (EBA) has published its final guidelines on the usage of remote customer onboarding solutions.  According to the EBA, these guidelines set...

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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