The Pula Foundation, an InsurTech company in Rwanda, has secured a €10 million grant from the Bayer Foundation to enhance climate risk insurance access for…
Infinox Capital was fined £99,200 by the Financial Conduct Authority (FCA) for failing to submit 46,053 transaction reports between October 2022 and March 2023, which…
InsuranceDekho, an InsurTech platform for comparing and purchasing insurance products, has announced a funding round aiming to raise up to $100 million, enhancing its market…
Highnote, a leader in financial technology, has successfully closed a $90 million Series B funding round, led by Adams Street Partners with contributions from several…
Traditional anti-money laundering (AML) systems are struggling against sophisticated financial crimes, with up to 95% of alerts being false positives, according to Consilient. These outdated…
The UK’s financial services sector is set to play a key role in the newly announced Financial Services Growth and Competitiveness Strategy, led by Chancellor…
Mastercard has partnered with Cairo Amman Bank to enhance cross-border money transfers for Jordanian customers, enabling seamless transactions to 37 countries. This collaboration aims to…
Fintech advancements are reshaping the global financial services landscape by improving accessibility, efficiency, and cost-effectiveness. Key trends include seamless cross-border transactions, enhanced digital accessibility, and…
iPipeline has launched significant updates to its SSG Digital® platform, enhancing digital solutions for the UK life insurance and pensions sectors. Key upgrades include support…
Decentralized Finance (DeFi) is transforming the financial sector by providing digital, open, and borderless services. Bill Barhydt, CEO of Abra, emphasizes that DeFi can rectify…