Nearly two-thirds (63%) of decision-makers employed by financial services firms said that AI would be likely to result in an increase in the cost of data within their organisation. This figure rises to 69% among firms in the UK; and 73% among asset owners more widely.

Cytora, the leading digital risk processing platform, has partnered with global trade data company TradeAtlas. The partnership will enable marine insurers to leverage a huge range of import and export information to make faster and more accurate risk decisions. 

TotallyMoney has announced the rollout of the TotallySure for loans, helping customers avoid application rejection with pre-approval, while guaranteeing interest rates, loan amounts, and loan term:

FullCircl, a SaaS platform that removes regulatory and verification roadblocks to drive revenue growth, today announced the appointment of Georgio Anastasi as Chief Financial Officer (CFO) - the last addition to the senior leadership team as the business moves from founder-led to C-suite-driven.  Georgio succeeds Steve Blundell, who has moved into a non-executive role.

Boku, Inc. , a leading global provider of mobile payment solutions, is pleased to announce that its Indian entity, Boku Network Services IN Pvt. Ltd. ("Boku IN"), has received full authorisation from the Reserve Bank of India ("RBI") to operate as a Payment Aggregator. This follows Boku IN's in-principle authorisation as a PA-PG announced on 31 January 2023.

Corlytics, the global leader in regulatory intelligence and policy compliance technology, has signed an investment from specialist growth investor Verdane for a majority equity stake in the company. Verdane was chosen as an investor with a proven track record of creating category leaders. Currently, Verdane has €6.9BN in committed capital scaling tech-enabled growth businesses. 

dLocal, the leading cross-border payment platform, is proud to announce its strategic partnership with payroll and payments platform Papaya Global.

Today, Kyriba, a global innovator in liquidity performance, announced a first-of-its-kind innovation with Onyx, J.P. Morgan’s blockchain business unit, to improve cash management, payments, and liquidity performance for CFOs and Treasurers.

With $5.05 trillion expected to be laundered this year alone, banks are struggling to keep up with the cost and complexity of compliance. To help address this massive challenge, Oracle Financial Services today introduced Oracle Financial Services Compliance Agent.

Verisk, a leading global data analytics and technology provider, has announced a monumental leap forward in global catastrophe modeling and risk analysis with the launch of Verisk's Next Generation Models (NGM). This suite of 100+ models will be implemented by insurers and reinsurers to evaluate risk across the globe with a new financial modeling framework designed to reflect anticipated insured losses from extreme events more accurately than ever before.