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News
Carpe launches AI underwriting tool for insurers
12+ hour, 31+ min ago (231+ words) Carpe, a company specialising in AI-native data solutions for the insurance sector, has introduced the Minerva Reasoning Engine, a tool built to help small commercial insurers underwrite more profitably. The new solution is designed to translate a carrier’s appetite for…...
MDT partners with OnTrac AI on credit union AI strategy
12+ hour, 25+ min ago (304+ words) Member Driven Technologies (MDT), a credit union service organisation that helps credit unions navigate complex financial technology ecosystems, has announced a new partnership with OnTrac AI, an AI development and consulting firm, aimed at strengthening its Transformational Consulting offering with…...
Tokenovate hires Dr Alec Burns as product technology head
12+ hour, 15+ min ago (251+ words) Tokenovate, a UK financial technology company providing post-trade workflows-as-a-service and programmable settlement solutions, has appointed Dr Alec Burns as its new head of product technology. Burns joins the leadership team with a mandate to sharpen product strategy, widen institutional adoption…...
Fifth Third backs Payload in embedded payments push
14+ hour, 36+ min ago (328+ words) Payload, a Cincinnati-based embedded payments platform, founded in 2019 by Ryan Rybolt and Ian Halpern, and among the leading processors of earnest money deposits in the US and Canada, has secured a strategic investment from Fifth Third. The deal represents the…...
The fourth technology revolution: Why AI Is different
13+ hour, 10+ min ago (1111+ words) AI may be the fourth major technology revolution Richard Forss, CTO at Exante, has witnessed during his three decades in financial technology, but unlike the PC, internet and smartphone, this revolution isn’t giving financial institutions years to adapt. He added,…...
Orion180 targets Nasdaq as flood insurance demand grows
13+ hour, 44+ min ago (547+ words) Orion180 has filed an S-1 registration statement with the US Securities and Exchange Commission for a proposed Nasdaq listing under the ticker “OIG”, giving investors a closer look at the technology-focused insurer’s underwriting model, reinsurance strategy and plans for expansion. The company,…...
What Accelerant's "Nest" filings reveal about its next move
14+ hour, 16+ min ago (242+ words) Accelerant has filed a series of trademark applications that point towards a potential new insurance offering under the “Nest” brand, covering areas including insurance distribution, underwriting, reinsurance and technology. According to Coverager, the company first filed applications for “Accelerant Nest…...
Why Theta Lake believes your firm needs a Microsoft Certified Teams Compliance Recorder
14+ hour, 10+ min ago (619+ words) Microsoft Teams has become the backbone of communication for financial services firms worldwide. Millions of regulated conversations including client calls, advisory meetings, deal negotiations, happen on Teams every day. For compliance teams, that ubiquity creates both an opportunity and an…...
Why fund administrators can no longer treat CRS as annual
16+ hour, 50+ min ago (337+ words) Fund administrators are facing a new form of scrutiny as CRS 2.0 raises the bar for tax reporting and compliance. Increasingly, the pressure is coming from clients as funds look more closely at whether their administrators can maintain compliance on an…...
GoWish nets €13.4m to fuel US growth push
15+ hour, 15+ min ago (193+ words) GoWish, the Danish social shopping platform and wishlist app known at home as Ønskeskyen, has picked up backing from a fresh line-up of high-profile investors as it looks to speed up growth beyond its home market. The round values GoWish…...