Insurtech leader Kalepa announced today that North Star Mutual Insurance Company has deployed Kalepa’s award-winning Copilot underwriting platform.

North Star Mutual initially deployed Kalepa’s Copilot in June of 2023 to enhance their underwriting across property, liability, and umbrella lines of business. Since that time, underwriters have valued how Copilot’s risk analysis helps them write core business such as service risks, retail operations, restaurants and churches more profitably than ever before.

The prestigious UF AWARDS MEA 2024 were presented at an exclusive ceremony on January 17th during iFX EXPO DUBAI 2024. 

Satchel, a European digital banking provider, is set to enhance its compliance standards through a strategic partnership with AMLYZE, a top-tier regtech company specializing in anti-money laundering and financial fraud prevention.

Barely a fifth of Brits trust their bank to give them a fair deal, a situation exacerbated by hidden FX fee markups, according to new research by Wise, the international money account. 

New research shows that major UK high street banks charge a hidden fee in its exchange rate*. HSBC charges the highest, with a 3.7% hidden markup. The bank recently launched Zing, a new product that is transparent about its fees - but HSBC does not offer this transparency to its existing customers. 

Global financial technology company SumUp continues its industry-leading efforts to support small businesses and today unveiled several new product features.

London-based Tint Financial Services, a cross-border fintech committed to streamlining and improving trade for SMEs and their supply chains, has achieved a remarkable milestone. Despite launching only six months ago, the company announced that it has successfully facilitated the global flow of goods valued at USD 20 million (£15 million).

Citi and LuminArx Capital today announced the launch of Cinergy, a strategic financing vehicle in the rapidly growing private lending market. 

Launched by LuminArx Capital, Cinergy will offer a broad range of private credit solutions to companies, including Citi’s global client base. It will invest across multiple asset classes, including asset-backed credit (commercial, consumer and residential) and corporate debt across the capital structure.  

Scaling the use of virtual cards to bring faster payments and reconciliation to healthcare providers and insurance companies 

Fragmented, slow, and inefficient payment processes have long been a challenge within the healthcare ecosystem. Just as a patient may be frustrated by cumbersome insurance claims, healthcare providers experience their own set of holdups when dealing with claim approvals and payouts. 

Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on helping high-growth climate tech startups connect, grow, and scale. The site has undergone a significant retrofit, to reduce its carbon emissions by 90 percent compared to 2018.

Finshape, a leading fintech solutions provider, is excited to announce a strategic collaboration with Arab National Bank (anb), a major bank and a pioneer in innovation in Saudi Arabia. This collaboration aims to deliver customized banking experiences that cater to the unique needs of their customers.