Capitola, the digital marketplace for commercial insurance that connects brokers and carriers, today announced the introduction of GPT technology into its commercial insurance platform.

Bottomline, a leading provider of financial technology for businesses and financial institutions globally, revealed today that finance leaders in Great Britain and the United States are facing a tough operating environment, with over 80% of businesses (82% in GB and 88% in the US) forced to accept new payment methods in the last 12 months. Financial decision-makers are also continuing to tackle a rise in fraudulent activity, as 39% of GB and 35% of US businesses experienced payments fraud over the last year.

Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank.

Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and CX Partners also participated in the all-equity Series E round for the eight-year-old startup.

Revfin, a FinTech platform specialising in digital lending for electric vehicle (EV) financing, has raised substantial investment in its latest funding round.

Domestic networks continue to drive financial inclusion worldwide but face an ongoing challenge to stay up-to-date on card functionality and flexibility

2% of all card expenditure is through local payment networks

RBR’s Global Cards Data and Forecasts to 2027 study found that the share of spending made on domestic network cards was unchanged at 2% in 2021, but has halved since 2017.

Synechron, a leading global digital transformation consulting firm, today announced that it has been ranked 10^th position on the list of Best Workplaces in 2023 in the Netherlands. This list is based on the Great Places To Work™ survey.

CLS, a financial market infrastructure group delivering settlement, processing, and data solutions, today announced that six new members were appointed to its Board of Directors at the CLS Annual General Meeting on 6 June 2023.

The new directors on the Board are Debbie Chin (United Overseas Bank), Alberto Covin (UniCredit), Bruno d’llliers (BNP Paribas), Rodolphe Sahel (Société Générale), Jodi Schenck (Citibank) and Bhupesh Vora (Royal Bank of Canada).

UK-based FinTech Stubben Edge Group (the Company), is pleased to announce the launch of its capital arm, Stubben Edge Capital.

The latest move will foster sector-wide innovation while providing a range of financial tools and services that will support established and emerging ventures as well as UK enterprises more broadly.

Stubben Edge Capital delivers across three key pillars:

Google Cloud and UKG, a leading provider of HR, payroll, and workforce management solutions for all people, have announced an expanded partnership to bring Google Cloud’s generative AI (GenAI) capabilities into the widely adopted UKG human capital management (HCM) suites.

We can all see the revolutionary impact of technology. It is especially clear in the world of finance, changing for good how billions of people live across the world. We see this every day, be it consumers making their next big purchases at the push of a button, or entrepreneurs easily accessing their funds which are required to realise their ambitions.