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London Stories - Page 5

UK Stories

London stories

Portage AI buys Insurwave submission-ingestion business
Artificial Intelligence

Portage AI buys Insurwave submission-ingestion business

The deal gives specialty insurers faster submission handling, as Portage AI expands in London and Bermuda while Insurwave refocuses on risk monitoring.

By Joseph Gabriel Lagonsin • 5 min read • This month
Calculus backs Edify with GBP £2.5m hospitality deal
Digital Transformation

Calculus backs Edify with GBP £2.5m hospitality deal

The investment will help Edify expand as restaurant groups seek to cut waste, labour costs and reliance on spreadsheets and manual ordering.

By Sofiah Nichole Salivio • 4 min read • This month
WealthAi lands Patronus Partners as full deployment client
Customer Relationship Management

WealthAi lands Patronus Partners as full deployment client

The full rollout could reduce administration and compliance burdens for Patronus Partners as wealth managers look to join up legacy systems with AI.

By Karen Joy Bacudo • 4 min read • This month
CyberHub launches for UK firms as bill tightens rules
Data Protection

CyberHub launches for UK firms as bill tightens rules

UK firms face tighter cyber rules and faster reporting deadlines, as a new package combines protection, compliance and insurance cover.

By Joseph Gabriel Lagonsin • 4 min read • This month

Global Stories

London stories

Bank of England faces pressure over stablecoin rules
Fintech

Bank of England faces pressure over stablecoin rules

Peers say proposed caps and reserve rules could leave GBP stablecoins at a disadvantage, as the Bank of England finalises draft regulations.

By Karen Joy Bacudo • 5 min read • This month
Vertice buys Vendr to build bigger procurement dataset
Digital Transformation

Vertice buys Vendr to build bigger procurement dataset

The deal will give procurement teams access to a larger pricing dataset spanning USD $75 billion in indirect spend, boosting negotiation insight.

By Sofiah Nichole Salivio • 4 min read • This month
Ecommpay's AI lifts merchant payment success rates 2.6%
Data Analytics

Ecommpay's AI lifts merchant payment success rates 2.6%

Merchants using the platform saw transaction approval rates rise by 2.6% in the first quarter, as AI pinpointed decline causes across entire data sets.

By Sofiah Nichole Salivio • 3 min read • This month
MokN raises USD $15 million to fight credential theft
Ransomware

MokN raises USD $15 million to fight credential theft

The funding will help the London-based cybersecurity start-up expand in the UK and US as phishing-driven credential theft keeps rising.

By Joseph Gabriel Lagonsin • 4 min read • This month
ADIA takes minority stake in Sapiens as AI push grows
Digital Transformation

ADIA takes minority stake in Sapiens as AI push grows

Its London move puts Sapiens closer to insurers and talent as ADIA becomes a significant minority shareholder in the software group.

By Karen Joy Bacudo • 3 min read • This month
Parloa tops USD $50 million ARR after Series D boost
Customer Relationship Management

Parloa tops USD $50 million ARR after Series D boost

Enterprise adoption is moving from pilots to production, helping Parloa lift net revenue retention to 150% and pass USD $50 million ARR.

By Joseph Gabriel Lagonsin • 4 min read • This month
OpenPayd to go public in USD $1.145 billion SPAC deal
Crypto

OpenPayd to go public in USD $1.145 billion SPAC deal

The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.

By Karen Joy Bacudo • 4 min read • This month
AccountsIQ launches GoCardless integration for payments
Digital Transformation

AccountsIQ launches GoCardless integration for payments

Mid-market finance teams can now cut manual reconciliation and fee-tracking work as payments move inside AccountsIQ, with real-time status updates.

By Karen Joy Bacudo • 3 min read • This month
Mindgard launches GuardBuster to test AI guardrails
Application Security

Mindgard launches GuardBuster to test AI guardrails

Enterprises using AI tools may now face a tougher check on their defences as benchmark scores give way to real-world attack testing.

By Sofiah Nichole Salivio • 4 min read • This month
Orbital Industries raises USD $50 million in Series B
Semiconductors

Orbital Industries raises USD $50 million in Series B

The funding will help the London-based firm expand products aimed at easing AI data centre bottlenecks and broaden its industrial platform.

By Sofiah Nichole Salivio • 4 min read • This month
Black Kite expands EMEA footprint with new UK operations hub
Partner Programmes

Black Kite expands EMEA footprint with new UK operations hub

The move gives the cyber risk provider closer access to EMEA customers as demand rises for better oversight of supplier vulnerabilities.

By Sean Mitchell • 4 min read • This month
KYND launches cyber analytics in 15 languages for SMEs
Software-as-a-Service

KYND launches cyber analytics in 15 languages for SMEs

Insurers and brokers may find it easier to assess SME cyber exposure after KYND expanded its risk platform into 15 local languages.

By Joseph Gabriel Lagonsin • 3 min read • This month

Stories from Other Regions

London stories

RBC expands Vancouver hub to add 1,000 jobs by 2029
Data Protection

RBC expands Vancouver hub to add 1,000 jobs by 2029

The bank plans to add 440 net new roles in British Columbia by 2029 as it widens its artificial intelligence and banking operations.

By Karen Joy Bacudo • 4 min read • This month