Nearly one year ago, hyperexponential launched a certification programme, beginning with the “Core Model Developer Exam.” The initiative has been warmly received, with certificates and badges being awarded quarterly. The enthusiasm for this achievement is visible, with many sharing their hx Renew certificates on LinkedIn, celebrating their success. hyperexponential has now introduced the “Model Developer API Exam,” a new addition to the certification offerings. This specialist exam is designed to follow the foundational exam and aims to accredit users with expert knowledge of the hx Renew APIs ..read more

MAP FinTech recently hosted a critical webinar aimed at equipping EMIR-obliged entities with the necessary insights and tools in anticipation of the EMIR REFIT implementation. With the go-live date looming, MAP FinTech’s dedication to preparing their clientele, which includes investment firms, credit institutions, and funds among others, was evident as they discussed the essential steps and requirements needed for compliant reporting. Key topics included the obligations to provide Trade Repositories (TRs) with LEI numbers and contact emails, highlighting the stringent verification processes se ..read more

Visa, a global leader in digital payments, has announced its integration into the AWS Partner Network (APN), a global community that utilizes AWS technologies to create diverse solutions for customers. This partnership aims to streamline access for Visa’s partners and clients, including FinTechs and financial institutions, to integrate Visa’s services more seamlessly. The primary goal of this partnership is to simplify and enhance the accessibility of Visa’s payment solutions across global markets by leveraging AWS’s extensive platform and customer base. This integration is particularly aimed ..read more

The first quarter of 2024 has marked a promising rebound for WealthTech stocks, which had faced significant challenges throughout the previous year. This finding comes from a new WealthTech report from Drake Star, a global tech investment bank. The report can be downloaded for free here. Despite the improvements WealthTech stocks have experienced, WealthTech still trails behind other FinTech sectors in performance. Alongside stocks, there was resurgence in valuations during Q1 2024, which can be attributed to the growing interest in alternative asset classes, such as cryptocurrencies and ESG i ..read more

Comarch has been enlisted by P&V Group to bolster the company’s digital insurance solutions as part of their continued collaboration. The partnership will see P&V Group adopt Comarch’s Employee Benefits solution, as they expand on their existing relationship, which already sees them implement the Comarch Digital Insurance solution in their life insurance business. The innovative Employee Benefit solution will be fully adjusted to meet Belgian market specifications and requirements. The platform will manage various insurance products, including Defined Benefit, Defined Contribution, Hyb ..read more

This week saw a rip-roaring collection of deals in the FinTech sector, with FinTech Global recording a complete total of 31 deals. The biggest raise this week was recorded by workforce management company Rippling, who were able to rake in a highly impressive $200m in a funding round. Here are this week’s deals. Workforce management leader Rippling raises $200m Rippling, a renowned player in the workforce management software sector, has successfully closed a substantial $200m funding round. The company, valued at a staggering $13.5bn, announced this financial milestone with Coatue leading the c ..read more

Finance in Motion, a leader in impact asset management, has partnered with Napier AI to implement the Napier AI Continuum as their chosen platform for anti-money laundering and counter-terrorist financing (AML/CTF). Napier AI is set to enhance Finance in Motion’s operations by integrating its Client Screening solution and Client Risk Assessment module within the Napier AI Continuum platform. This initiative is aimed at bolstering Finance in Motion’s growth and enabling the firm to focus on generating positive change in emerging markets through impact investments. The Napier AI platform offers ..read more

QI Tech, a leading financial services infrastructure provider based in Brazil, has announced an extension to its Series B funding round, securing additional equity from current investor General Atlantic, a renowned global growth investor, along with Across Capital. This extension comes just six months after the company’s significant $200m Series B raise in October 2023. Founded in 2018, QI Tech operates a robust financial infrastructure platform that offers a range of services including financial, credit, banking, and anti-fraud solutions aimed at decentralising these services away from major ..read more

Chilean FinTech startup Fintoc, which specialises in instant payments via APIs, has successfully raised $7m in a Series A funding round. The investment is earmarked for consolidating Fintoc’s foothold in its native Chile and in Mexico, where the company launched operations last year, according to a report from TechCrunch. The $7m in funding was led by Propel, a U.S.-based fund, with contributions from Monashees, a Brazilian fund with an active interest in Mexico. Fintoc offers an API that enables online businesses to accept payments directly from customers’ bank accounts, a method known as acc ..read more

In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective to give valuable insights into how to improve it across various insurance lines and regions. Claims handlers, the frontline operatives grappling with intricate claims scenarios and directly engaging with clients, illuminate the dire need for streamlined processes and a pronounced desire to mitigate manual tasks through automation. Their resounding call for technological upskilling signals a workforce poised to embrace n ..read more