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Akur8 Secures $120 Million in Series C Round to Accelerate Growth of Its Next-Generation Actuarial Platform

Akur8, the machine learning-powered insurance pricing and reserving platform, announced today that it has secured $120 million in series C funding, bringing its total raised investment to $180 million. This latest funding round was led by One Peak, a leading growth equity firm investing in software scale-ups, with participation from Partners Group, one of the largest firms in the global private markets industry acting on behalf of its clients, and historical investor Guidewire Software, Inc..

Monday, September 16, 2024 - 10:07
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Financial IT
Broadridge Announces First High-Quality Liquidity Asset Use Case for Its Distributed Ledger Repo Platform

Expanding its network across the global repo market, Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that a Tier-1 Canadian Bank has implemented its Distributed Ledger Repo (DLR) platform for High-Quality Liquid Asset (HQLA) treasury securities management.

Monday, September 16, 2024 - 09:58
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Financial IT
Thomson Reuters Unveils AI-Powered Audit Intelligence Solutions to Reimagine Auditing Practices

Thomson Reuters, a global content and technology company, today announced the launch of Thomson Reuters Audit Intelligence. This suite of AI-powered data-driven audit solutions is designed to transform audit practices by reducing errors and enhancing confidence, while enabling auditors to realize efficiency gains.

Friday, September 13, 2024 - 15:09
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Financial IT
Helicap Closes Largest Credit Facility Yet with Xendit’s XenCapital: USD$50 Million to Empower Southeast Asian Businesses

Helicap, a leading fintech platform provider specializing in emerging markets, is proud to announce the successful facilitation of a credit facility with XenCapital, the lending arm of Xendit, a fintech unicorn with operations across Southeast Asia and which has raised US$515million in venture capital funding.

Friday, September 13, 2024 - 14:19
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Financial IT
Mastercard Invests in Defense of Global Digital Economy with Acquisition of Recorded Future

Recorded Future is excited to announce its acquisition by Mastercard, one of the world’s most trusted and recognized companies, in a transaction valued at $2.65 billion. This acquisition represents a significant milestone in Recorded Future's journey, which began in 2007 with the development of the original patent for the Recorded Future Intelligence Platform.

Friday, September 13, 2024 - 12:09
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Financial IT
J.P. Morgan Payments Expands Oracle Partnership to Streamline Payments Across Treasury, Trade, and Commerce

J.P. Morgan Payments today announced new and enhanced product integrations connecting to the Oracle ecosystem, making it easier for clients to streamline their payments across treasury, trade and commerce.

Friday, September 13, 2024 - 10:52
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Financial IT
Enhancing Visibility and Analytics for Banks and Broker-Dealers, Broadridge Announces New Communications Data-Driven Platform

CommCentral, a new cloud-based data solution providing banks and broker-dealers with real-time visibility into the investor communications they distribute and manage, is being rolled out by global fintech leader, Broadridge Financial Solutions, Inc.

Friday, September 13, 2024 - 10:41
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Financial IT
Affinity Plus Federal Credit Union Selects Lumin Digital as New Digital Banking Provider
Friday, September 13, 2024 - 10:37
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Financial IT
MoonPay Earns Australian Registration

MoonPay is pleased to announce its registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia.

This registration will enable MoonPay to establish local payment processing relationships across the country, allowing for the integration of Australian payment methods. As a result, MoonPay users in Australia may be able to utilize alternative payment options such as Osko and PayID.

Friday, September 13, 2024 - 10:23
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Financial IT
U.S. Faster Payments Council Publishes Operational Considerations for Receiving Instant Payments Guideline

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the release of its latest publication, Operational Considerations for Receiving Instant Payments.

Friday, September 13, 2024 - 10:18
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Financial IT

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