Search Results for: finance and insurance

Voyager Innovations Raises US$210 Million to Expand the Financial Services Ecosystem of PayMaya and Maya Bank
Banking News

Voyager Innovations Raises US$210 Million to Expand the Financial Services Ecosystem of PayMaya and Maya Bank

Fintech News Desk
by Fintech News Desk0
New investor SIG Venture Capital, the Asian venture capital arm of Susquehanna International Group (“SIG”), leads the investment round Voyager Innovations, the leading technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank, raises US$210 million in new funds, propelling Voyager’s valuation to unicorn plus......
Exela Signs New Logo with a 4-Year Total Contract Value of $13 Million for Bills and Payments
Digital Payments Fintech News

Exela Signs New Logo with a 4-Year Total Contract Value of $13 Million for Bills and Payments

Fintech News Desk
by Fintech News Desk0
Exela Technologies, Inc. announced a contract award worth a total of $13.2 million over the next four years. Exela’s Exchange for Bills and Payments (“XBP”) is the largest revenue contributor in the ITPS accounting segment. This solution utilizes several of Exela’s platforms including payment processing (TMS), collaborative work flow (Beats)......
KKR Invests in Shriram General Insurance
InsurTech Investment Services News

KKR Invests in Shriram General Insurance

Fintech News Desk
by Fintech News Desk0
KKR, a leading global investment firm, and Shriram General Insurance Company, a leading general insurance company backed by Indian financial services conglomerate Shriram Group and pan-African financial services group Sanlam, announced the signing of definitive agreements under which, subject to the receipt of the necessary regulatory approvals, KKR will acquire......
Tractable And Duck Creek Technologies Partner To Transform P&C Claims With Industry-Leading AI
Artificial Intelligence InsurTech News

Tractable And Duck Creek Technologies Partner To Transform P&C Claims With Industry-Leading AI

Fintech News Desk
by Fintech News Desk0
Tractable’s AI solutions use computer vision to assess damage and streamline the claims process, and will soon be available on the Duck Creek platform Tractable, a market leader in developing and applying artificial intelligence (AI) to accelerate accident and disaster recovery, will integrate its solutions into Duck Creek Technologies’ platform. Tractable’s......
Deloitte and Team8 Publish Joint Report Presenting TaxTech as the Newest Fintech Vertical
Fintech News

Deloitte and Team8 Publish Joint Report Presenting TaxTech as the Newest Fintech Vertical

Fintech News Desk
by Fintech News Desk0
Global investments in tax technology startups up 360% between 2020 and 2021 In a first-of-its-kind report published yesterday, Deloitte and Team8 identify tax technology (TaxTech), as a significant vertical that is currently growing and developing in the fintech industry. The Emergence of TaxTech – A New Era of Fintech report maps out more than 100 startup......
DriveWealth and Sproutfi Partner to Make Investing in the US Markets Accessible in Latin America
Investment Services News

DriveWealth and Sproutfi Partner to Make Investing in the US Markets Accessible in Latin America

Fintech News Desk
by Fintech News Desk0
Partnership empowers investors with the technology they need to invest in fractional shares of US equities DriveWealth, LLC, a pioneer in fractional investing and embedded finance, and Sproutfi, a social-first investment platform which offers securities through its affiliate Northbound Securities LLC,  announced a partnership to expand affordable access to investing in......
Financial Services and Insurance Firms Are Accelerating Digital Transformation with Low-Code
InsurTech News

Financial Services and Insurance Firms Are Accelerating Digital Transformation with Low-Code

Fintech News Desk
by Fintech News Desk0
Cost savings and increased business agility are among top benefits, according to new research Mendix, a Siemens business and global leader in enterprise application development, announced the results of its financial services and insurance (FSI) global market survey which reveals how companies in these industries are using low-code to drive......
Karl Hersch Named Leader of Deloitte's US Insurance Sector
InsurTech News

Karl Hersch Named Leader of Deloitte’s US Insurance Sector

Fintech News Desk
by Fintech News Desk0
Deloitte announced that Karl Hersch has been named the leader of its U.S. insurance sector, a strategic focus area within the organization’s financial services industry practice. In this role, Hersch will oversee more than 3,200 practitioners providing a broad range of services to organizations across the insurance industry. Hersch, a principal......
Linedata Integrates AI and Prescriptive Analytics Into Its Solutions to Inform Clients’ Decisions
Analytics Artificial Intelligence News

Linedata Integrates AI and Prescriptive Analytics Into Its Solutions to Inform Clients’ Decisions

Fintech News Desk
by Fintech News Desk0
Linedata, a global provider of asset management and credit technology, data and services, announced it has developed two artificial intelligence modules aimed at supporting clients in their decision-making and enhancing productivity in the follow-up of client cases. The new Digital Assistant and Sales Advisor modules, already used by Linedata’s clients......
New Report: Digital Assets and Cryptocurrencies Will Become Mainstream Financial Tools
Commerce Cryptocurrency Digital Asset Management Featured

New Report: Digital Assets and Cryptocurrencies Will Become Mainstream in Hedge Funds

Sudipto Ghosh
by Sudipto Ghosh0
Cryptocurrencies and other forms of emerging digital assets are becoming popular among pension funds and insurance asset managers. These groups of financial services managers are increasingly becoming determined toward building and diversifying investment portfolios around the new generation of digital assets. By 2025, we could see a large number of......
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