How API-First Platforms Simplify Insurance Pricing
Legacy pricing engines have long hampered insurers with complex integrations and high maintenance. Modern API‑first, cloud‑native platforms now allow pricing models to be integrated in days, scale elastically, and embed enterprise‑grade security. These platforms also unify actuaries, data scientists and business teams, enabling rapid model iteration and deployment. As a result, pricing engines are shifting from an IT bottleneck to a strategic growth lever.
Testudo Expands AI Liability Capacity to $9.25m
Testudo, a Lloyd’s coverholder, has secured additional underwriting capacity from Atrium and QBE, raising the limit of its generative AI liability insurance to $9.25 million per insured. The expanded capacity broadens coverage for enterprises deploying generative AI, addressing a surge in...
Managing Backup Withholding Risk in Tax Compliance
Backup withholding obliges payers to retain 24% of reportable payments when a payee’s Taxpayer Identification Number cannot be verified or the IRS issues a directive. Failure to apply the withholding exposes the payer to personal liability for the shortfall. The...
Bold Penguin Adds Foxquilt to Insurance Marketplace
Bold Penguin has partnered with digital managing general underwriter Foxquilt to bring admitted commercial general liability coverage into its Bold Penguin Terminal marketplace. The integration enables agents with Foxquilt market access to quote and bind policies directly through the platform,...
OneShield Deploys AI Hub with US Specialty Insurer
OneShield announced that a Michigan‑based specialty insurer has chosen its AI Hub platform to modernize its insurance operations. The AI Hub acts as an AI operating system, delivering large language models and agentic capabilities while coexisting with existing core systems....
InsurTech Funding Tops $1bn in February as AI Investment Surges
Global InsurTech funding topped $1 billion in February, propelled by a $703 million debt raise from Howden Group. Excluding Howden, venture‑backed firms secured roughly $376 million across 11 deals, keeping pace with January’s activity. AI‑centric companies dominated the venture pool, with notable rounds...
Dacadoo’s Role in the Health and Finance Revolution
FinTech Global interviewed Thomas Dijohn, senior vice‑president Asia‑Pacific at dacadoo, about linking health metrics to financial services. He argued that physically and mentally healthy individuals represent higher‑earning, lower‑risk customers, making health data a valuable segmentation tool for banks. dacadoo provides...
Finastra Launches OperatorAssist AI Payments Tool
Finastra has launched OperatorAssist, an AI‑driven add‑on for its Global PAYplus and Payments To Go platforms that automates payment exception handling. The tool analyses payment errors, suggests fixes and guides users through resolution steps, aiming to cut manual investigation time...
Kids Saver: Securing AUM in the Great Wealth Transfer
The article highlights the imminent multitrillion‑dollar wealth transfer from Baby Boomers to younger generations and warns that wealth managers risk losing assets under management (AUM) if they fail to engage heirs. Kidbrooke proposes a "kids saver" framework that turns a...
SpareBank 1 and Tieto Banktech Transform Digital Mortgages
SpareBank 1, Norway’s leading mobile‑banking provider, has teamed up with Tieto Banktech to build a data‑driven digital mortgage platform. The multi‑year partnership will embed a dynamic, self‑service loan application into SpareBank 1’s mobile app, leveraging AI and real‑time data to...
KYND Hires US Insurance Lead Aaron Aanenson
Cyber risk intelligence firm KYND has appointed Aaron Aanenson as Head of Insurance for North America, bolstering its leadership as demand for SME cyber‑risk insight rises. Aanenson brings over 18 years of experience in cybersecurity consulting, management consulting and insurance,...
Why Portfolio Companies Struggle with Third-Party Cyber Risk
Portfolio companies are grappling with third‑party cyber risk as digital ecosystems expand and vendor reliance grows. Traditional perimeter defenses have eroded, leaving sensitive data and operational resilience dependent on external partners. Lean security teams and rapid onboarding prioritize speed over...
Inside the Modern Underwriting Strategy
Underwriting is transitioning from retrospective portfolio reviews to AI‑driven, real‑time decision support. A 2025 Accenture study shows 71% of underwriting executives view AI and automation as critical, and 75% expect meaningful AI impact within three years. Modern workbenches now surface...
DBS Hong Kong Teams with Know Your Customer on Digital KYC
DBS Bank Hong Kong has teamed with RegTech firm Know Your Customer to embed AI‑driven digital KYC into its SME onboarding workflow. The platform provides real‑time business verification and automatic UBO mapping across more than 140 jurisdictions, cutting manual compliance...
Structured Payments Data Strengthens AML Compliance
Financial institutions are accelerating payment‑system upgrades as instant‑payment demand surges, with ISO 20022 becoming the default messaging format on SWIFT after the November 2025 cut‑over. Structured payments data under ISO 20022 enriches transaction details, enabling real‑time AML monitoring and more...
QFEX Launches with $9.5m Seed Round to Disrupt Global Trading
QFEX, a Cambridge‑backed trading exchange, launched after closing a $9.5 million seed round that values the startup at $95 million. The platform offers 24/7 direct trading of traditional assets, perpetual futures with no expiry, and up to 50× leverage, eliminating brokers and...
RegTech Firm Vivox AI Secures £1.3m Funding
RegTech startup Vivox AI announced a £1.3 million first‑round funding to scale its compliance‑focused AI platform for banks and other regulated financial institutions. The round attracted high‑profile backers such as former German central bank president Axel Weber, former Google UK MD...
The Hidden Cost of Manual Processes in Wealth Management
Wealth managers are still burdened by manual workflows despite aggressive digitalisation. A PwC survey shows 84% expect technology to boost efficiency, yet studies reveal 30‑40% of staff time is spent on manual reconciliation and exception handling. Experts warn that these...
IG Launches Junior ISA with up to £250 Investment Match
IG has introduced a Junior Stocks & Shares ISA that matches new customers' first £50 deposit with a guaranteed £50 cash contribution. The first 200 applicants who meet a £50 minimum will receive an enhanced top‑up of up to £250,...
Generali Launches Core Tech Software Factory
Italian insurer Generali has unveiled Generali Core Tech, a dedicated software factory aimed at speeding its digital transformation under the “Lifetime Partner 27” strategy. The factory will manage the “Insurance in a Box” platform, already live in Spain and Switzerland...
SymphonyAI Helps Spanish Bank Transform Sanctions Screening
A top‑ten Spanish bank overhauled its sanctions screening by deploying SymphonyAI’s SensaAI for Sanctions, slashing false positives by 91.8% across transaction and customer checks. The AI overlay processes unstructured text with generative models and refines match accuracy using predictive analytics,...
Napier AI AML Index 2025: The Nations Leading the Charge
The Napier AI/AML Index 2025‑2026 estimates that AI‑driven anti‑money‑laundering (AML) solutions could shave $183 billion off global compliance costs, up from $138 billion last year, and generate $3.3 trillion in economic benefits. The United States tops potential AI savings at $26.18 billion, followed by...
Platinum Credit Uganda Secures $4m to Boost MSME Lending
Platinum Credit Uganda, a Platcorp subsidiary, secured a $4 million, 24‑month investment from Swiss asset manager Symbiotics to broaden financing for low‑income households and micro, small and medium enterprises (MSMEs) across Uganda. The capital, disbursed on 22 December 2025, enabled a phased rollout...
Europe and UK Chart New Course for Digital Asset Regulation
Luxembourg's CSSF released Version 7 of its digital‑asset FAQ, aligning fund rules with the EU MiCAR framework. UCITS can now gain indirect exposure to crypto assets up to 10% of NAV, while direct exposure remains barred; AIFs may invest directly, with...
How Governance, Data and Control Failures Are Driving 2025 Penalties
Global enforcement actions plunged 72% in 2025, with total fines shrinking to $5.488 bn, down from $17 bn in the United States alone the prior year. The United States still led with $3.22 bn in penalties, while Europe and Asia‑Pacific saw markedly lower...
Covr Appoints Ryan Bivins as Head of Sales
Covr Financial Technologies has appointed Ryan Bivins as head of sales to accelerate its national distribution platform. Bivins brings over a decade of experience selling hybrid long‑term care (LTC) products at Lincoln, Pacific Life and John Hancock. He will oversee...
Willis and Belfry Partner to Simplify Security Insurance
Willis, a WTW unit, has teamed with security SaaS provider Belfry and InsurTech specialist Kayna to launch a digital insurance programme for physical security firms. The collaboration embeds a Willis‑brokered insurance portal directly into Belfry’s platform, using Kayna’s real‑time data...
South Asian Wealth Giant Taps IntellectAI for AI Platform
A leading South Asian financial services group partnered with IntellectAI to build an AI‑led, platform‑first wealth management solution using a first‑principles, architecture‑first methodology. The composable, API‑first platform spans onboarding, portfolio management, advisory and operations, embedding automated rebalancing, CRM workflows and...
Why Legal AI Tools Need Human Feedback to Succeed
The RegTech market is flooded with legal AI tools that rely heavily on static statutes and generic language models. Zeidler Group warns that these solutions miss the nuanced, practice‑based knowledge that regulators and firms apply daily. By treating its AI...
Women Regulators Network Launches Leadership Council
The Cambridge Centre for Alternative Finance (CCAF), in partnership with Financial Innovation for Impact (Fii), has launched a Leadership Council for its Women Regulators Network (WRN). The council, co‑chaired by the UAE Central Bank’s Fatma Abdulla Al Jabri and Bahamas Securities...
Finanjo Raises ₹1.5 Crore to Tackle India’s Finance Gap
Jaipur‑based fintech Finanjo closed a ₹1.5 crore pre‑seed round, fully led by AJVC. The funding will boost product development, AI capabilities, and user acquisition across India, expanding its Account Aggregator‑powered data layer. Finanjo’s AI assistant “Jo” handles about 90% of finance...
How Will Evolving Customer Expectations Change InsurTech in 2026?
In 2026 insurers, MGAs and InsurTechs face a shift from tech experimentation to meeting hyper‑instant, personalized customer expectations. Research shows 80% of policyholders will demand real‑time updates and 75% prefer tailored experiences. Executives highlight the rise of "micro‑engagement," the need...
EU Market Integration Proposal: What Asset Managers Need to Know
The European Commission released a Market Integration Legislative proposal on 4 December 2025 to end the long‑standing fragmentation of the EU’s single market for investment funds. The draft consolidates cross‑border marketing rules for UCITS and AIFs into an expanded Regulation (EU) 2019/1156, shifting from...
Germany’s Retirement Savings Shake-Up: What Banks Need to Know
Germany is set to replace the legacy Riester pension with the Altersvorsorgedepot (AVD) from 1 January 2027, ending all new Riester contracts. The reform retains a state allowance of up to €480 per year and expands eligible assets to include ETFs, stocks...
What Is Post-Trade Settlement and How Does It Work?
Post‑trade settlement comprises confirmation, clearing, instruction matching, and the final exchange of securities and funds. The process, managed by clearing corporations, custodian banks, and central securities depositories, is essential to render trades legally complete. Delays or failures expose firms to...
How No-Code AML Cuts Cost and Boosts Agility
Financial institutions are replacing legacy anti‑money‑laundering (AML) systems with no‑code platforms that let compliance teams build rules, workflows and reports via visual interfaces. Traditional solutions can require six to twelve months for deployment and heavy IT involvement, while modern SaaS‑based...
MSCI Launches IndexAI Insights with ChatGPT and Claude
MSCI introduced AI connectors that link its ONE platform to OpenAI’s ChatGPT and Anthropic’s Claude. The first product, IndexAI Insights, lets users ask natural‑language questions about MSCI index performance, exposures, constituents and methodology. MSCI says this is the initial offering...
KYCP Streamlines UK Corporate KYC with Integration
KYCP has launched an embedded integration with Companies House, allowing users to pull official UK corporate data directly within its platform. The Corporate Source Register (CSR) lets compliance teams perform real‑time searches by company name or registration number and import...
Build vs Buy: Why Pricing Strategy Choices Matter More in 2026
The article argues that the classic build‑vs‑buy debate in pricing modernization has shifted from technical feasibility to strategic resource allocation. Cloud platforms and open‑source tools now let banks prototype pricing engines in months, but maintaining custom systems diverts scarce engineering...
Fincite Secures ISO 27001 Certification
FinCite, a provider of end‑to‑end investment advisory software, has achieved ISO 27001 certification, confirming its information security management system meets global standards. The certification spans the company’s entire operational backbone, including cloud infrastructure, development lifecycles, and client‑facing services such as onboarding...
The Six Tech Trends Banks Need on Their Radar for 2026
Banks face mounting regulatory, economic and consumer pressures as digital expectations rise, and their technology choices will dictate future competitiveness. nCino outlines six 2026 tech trends, from AI‑driven mobile banking that acts as a personal financial command centre to AI‑powered...
FinScan Expands Real-Time AML Across Global Rails
FinScan, Innovative Systems' AML platform, has added real‑time screening for modern payment rails such as IACH and Fedwire ISO 20022, boosting its capacity to process over 100 million transactions daily. The upgrade introduces advanced conditional logic, API‑first data quality tools, and enhanced...
Gallagher Brings Woodruff Sawyer Under Brand in $1.2bn Deal
Arthur J. Gallagher & Co. has completed the integration of Woodruff Sawyer, fully bringing the specialist broker under the Gallagher brand after a $1.2 billion acquisition. The move adds Woodruff Sawyer’s $268 million pro‑forma revenue and $88 million EBITDAC, along with its 14...
IMTF Strengthens ESG Standing with EcoVadis Badge
IMTF has been awarded an EcoVadis ESG badge after its latest sustainability assessment, marking a measurable upgrade in its environmental, social and governance practices. The badge, based on a four‑pillar framework, signals stronger policies, greater transparency and improved internal controls...
Matic and nCino Embed Home Insurance Into Digital Mortgages
Matic and nCino have teamed up to embed a home‑insurance marketplace directly into nCino’s digital mortgage platform. The integration lets borrowers compare and purchase policies from more than 70 carriers without leaving the loan application flow. Lenders gain earlier access...
Wrisk Acquires Atto to Strengthen Embedded Finance Intelligence
Wrisk, an embedded insurance provider, has acquired open‑banking intelligence platform Atto to fuse real‑time credit insights with its insurance‑embedding suite. The deal, whose financial terms were not disclosed, will integrate Atto’s decisioning tools directly into Wrisk’s single‑layer platform, streamlining finance...
T+1 Settlement: How Custody Tech Boosts Readiness
T+1 settlement forces firms to complete trade capture, confirmation, reconciliation and final settlement within one business day. The compressed timeline eliminates overnight buffers, exposing manual and batch‑based custody processes to heightened operational and liquidity risk. Automation and real‑time custody platforms...
Backbase and Plaid Partner to Power AI Banking
Backbase and Plaid have announced a partnership that embeds Plaid’s secure, real‑time financial data connectivity into Backbase’s AI‑powered Banking Platform. The joint solution tackles data fragmentation, streamlines onboarding, and delivers a 360‑degree view of customers’ financial health. It replaces fragile...
The Hidden Cost of Poor Compliance Reconciliation
Reconciliation has become a strategic priority for financial services as hybrid work, AI‑generated messages and multichannel tools expand. Theta Lake’s latest report shows 92 % of firms struggle to capture communications in line with record‑keeping obligations, with native retention windows as short...
Exponential Data vs Linear Compliance: The Crunch
FinTechs and digital banks are witnessing exponential growth in compliance data, driven by 150% annual customer expansion and increasingly complex regulatory requirements. Meanwhile, compliance operations remain linear, relying on manual, siloed processes that cannot keep pace with the data surge....