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Yiren Digital’s Hexiang Insurance Brokers Launched Innovative Insurance Products for Low-Altitude Economy


Hexiang Insurance Brokers, the insurance brokerage arm of Yiren Digital, has successfully launched specialized insurance products targeting China’s rapidly expanding low-altitude economy. The company has signed multiple contracts with enterprise aviation operators through innovative insurance solutions developed in partnership with Ping An Insurance and PICC. This strategic initiative represents a significant step in Hexiang’s expansion into China’s emerging low-altitude economy, positioning

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Vyntra launched by NetGuardians and Intix to boost banking intelligence


NetGuardians, a Swiss FinTech specialising in AI-powered financial crime prevention, and Intix, a Belgian RegTech known for its transaction data visibility and analytics capabilities, have formed a strategic alliance to launch Vyntra, a next-generation financial crime intelligence platform. The partnership aims to deliver a transformative solution for global financial institutions seeking robust tools for risk

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MGAA and Insurance DataLab team up to boost MGA insights


The Managing General Agents’ Association (MGAA), which represents MGAs in the UK and Gibraltar, has entered a strategic partnership with market intelligence platform Insurance DataLab. As part of the deal, Insurance DataLab joins the MGAA as a Supplier Member and offers exclusive benefits to MGAA members, including a 10% discount on new annual licences, according to FF News.

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PNC Bank Launches PNC Mobile Accept®, A New Pay-As-You-Go Payment Processing Solution for Micro Businesses


PNC Bank today announced the launch of PNC Mobile Accept®, a fully integrated payment solution that provides its micro business clients with the ability to accept in-person credit and debit card payments directly within the PNC Mobile app. Designed for businesses processing less than $300,000 in credit and debit card transactions annually, PNC Mobile Accept is a self-service

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Wealthbox Secures $200 Million Investment from Sixth Street Growth to Accelerate Expansion and Innovation


Wealthbox, the #1-rated CRM software platform for financial advisors, announced today that it has entered into a definitive agreement for a $200 million strategic majority investment from Sixth Street Growth, the growth investing business of leading global investment firm Sixth Street. The partnership marks a major milestone in Wealthbox’s evolution and positions the company to further scale

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NEC Specialty Inc. Adopts Expert Insured to Power Next-Gen Underwriting and Policy Management


NEC Specialty Inc. a leading managing general agency (MGA) serving brokers across the East Coast, has officially gone live on the Expert Insured Policy Management platform an advanced, AI-driven system built specifically for MGAs and wholesale distributors. This strategic move underscores NECS’s commitment to innovation and operational excellence. NECS operates as an independent MGA, distinct

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Optalitix launches Model Monitoring to transform insurance pricing oversight


UK-based InsurTech firm Optalitix has launched Model Monitoring, a new feature for its flagship Optalitix Models platform, offering real-time tracking and analysis of insurance pricing models. The tool allows insurers to monitor model usage, detect anomalies, and optimise performance, resulting in faster quote generation and more accurate pricing. Model Monitoring supports all major modelling formats, including Excel, Python,

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Tietoevry Banking partners with Finance Innovation to boost Norwegian FinTech innovation


Tietoevry Banking has officially joined NCE Finance Innovation, a key Norwegian FinTech cluster, in a move designed to drive innovation, collaboration and digital transformation across the financial sector. The partnership aims to enhance knowledge-sharing among industry players. Finance Innovation is a nationally recognised cluster supported by Innovation Norway and focuses on uniting finance and technology

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Lokalbank partners with Tietoevry Banking to power digital transformation


Tietoevry Banking has entered into a long-term partnership with Lokalbank, a network of 16 independent Norwegian banks, to deliver a tailored banking platform for the Norwegian market. The partnership aims to support Lokalbank’s mission of fostering local community growth through the adoption of a future-ready digital platform. The solution is designed to streamline operations, enhance customer

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Parametrix unveils $2m embedded insurance product for EDR system failures


Parametrix, a pioneer in digital business interruption insurance, has launched a new embedded coverage programme aimed at safeguarding businesses from disruptions triggered by endpoint security failures. The introduction of this new insurance product comes in the wake of rising demand for improved risk mitigation following high-profile outages. Notably, the global CrowdStrike incident in July 2024