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News
Piston raises $15m to scale cardless fuel payments
4+ day, 3+ hour ago (270+ words) Piston, a cardless payments platform that connects commercial fleets and petrol stations, has closed a $15m Series A funding round. FPV Ventures led the investment, with existing backers Spark Capital and Pear VC also taking part. The fresh capital brings Piston’s…...
Why phased modernisation is the safer bet for WealthTech
4+ day, 2+ hour ago (183+ words) Wealth managers are being pushed toward a modernisation reckoning. Instant settlement is becoming the norm just as automation demands stronger data governance, while rules such as the EU’s DORA act raise the bar for systemic resilience. For institutions still running…...
Prometeia bets big on Spain's WealthTech shake-up
4+ day, 2+ hour ago (186+ words) Prometeia is deepening its foothold in Spain as the country’s Wealth and Asset Management sector accelerates past its previous growth trajectory. Market and regulatory data point to rising revenues from investment advice and discretionary portfolio management, while investment fund assets…...
Agero partners with MOTER on vehicle claims
4+ day, 3+ hour ago (182+ words) Agero, a provider of digital roadside assistance and accident management services, has partnered with MOTER Technologies (MOTER), an InsurTech company that turns connected vehicle data into risk and claims intelligence, through its recently acquired Urgently platform. MOTER’s technology draws on…...
Unlimit's Hong Kong licence sharpens its APAC edge
4+ day, 6+ hour ago (318+ words) Unlimit, a global financial infrastructure company, has secured a money service operator licence in Hong Kong, strengthening its presence in the Asia-Pacific region and enabling it to develop local payment channels from the city. The licence was granted by Hong…...
The compliance gap enterprises can't afford to ignore
4+ day, 20+ hour ago (299+ words) Enterprise adoption of artificial intelligence is moving far faster than the governance structures meant to keep it in check, exposing organisations to risks that traditional oversight tools were never built to catch. According to Theta Lake, the widening gap between…...
BrightPlan lands Series C led by ABS Capital Partners
5+ day, 3+ hour ago (450+ words) BrightPlan, an AI-powered financial wellness platform built for global enterprises, has marked its 10th anniversary with the announcement of the first closing of its Series C funding round. The round is being led by ABS Capital Partners, a growth equity firm…...
NEOS and Marloo partner on AI-driven insurance pricing
5+ day, 4+ hour ago (232+ words) FinTech Global NEOS, an Australian life insurance platform, and Marloo, an AI-driven adviser productivity platform, have entered a partnership that brings NEOS’s insurance pricing directly into Marloo’s software for financial advisers. Under the agreement, advisers using Marloo will be able…...
Why banks and insurers need one platform, not many
6+ day, 1+ hour ago (229+ words) Most banks, insurers, wealth managers and pension providers still run their operations across a patchwork of disconnected systems, with product governance, market data, financial planning, advice, onboarding and execution each sitting in separate applications. Keeping them stitched together into a…...
Why static fraud rules are failing growing FinTechs
6+ day, 5+ hour ago (164+ words) Static, rule-based fraud detection is becoming a liability for growing FinTechs, flagging legitimate customers as often as it catches genuine criminals. According to SmartSearch, rules built around fixed thresholds, such as transaction size or location, generate a flood of false…...