Munich-based regulatory technology group cleversoft has signed a definitive agreement to acquire FS Assist, the UK software house whose Excel-based tools sit behind Solvency II and Lloyd's syndicate submissions at hundreds of insurers and pension providers. The deal, announced on 11 August 2026, is expected to close later this month subject to customary conditions, and it hands cleversoft an established foothold in a UK insurance reporting market that has spent the past two y

As the DTCC pushes live tokenised equities and Treasuries towards an October switch, the London Stock Exchange sketches its own around-the-clock venue, and Deutsche Boerse warns the industry not to trade itself into thinner liquidity. Financial market infrastructure is not usually where you look for drama. It is the plumbing: clearinghouses, central securities depositories, exchanges, the settlement pipes that let a trader in Frankfurt sell a bond to a fund in Boston without

Cashi, a consumer app that lets people hold and spend stablecoins, has launched a spending and cashback card in Hong Kong, with a second market, Mexico, lined up for late 2026. The programme runs on issuer processing infrastructure from Thredd, placing the stablecoin card firmly on the Visa network rather than on any standalone crypto rail. The launch is a consumer play in a category that has, until recently, skewed towards institutional and B2B use. Cashi's proposition is na

From an Ahmedabad reinsurance play to a Vancouver acquisition, the first week of August has quietly reshaped how carriers, brokers and start-ups think about the modern insurance stack. Why This Week Matters If you blinked in the first week of August 2026, you missed several important moves. Federato launched an AI-native claims platform. InRisk Labs secured $27 million to expand its parametric reinsurance ambitions. Arthur J. Gallagher & Co. bought Apollo Insurance Solutions

OORI, a Riyadh-based investment platform, has secured a licence from the Saudi Capital Market Authority to conduct arranging and advising activities, giving it a regulated route to sell private market investments to qualified Saudi investors. The authorisation, held under CMA licence number 26341-30, positions the platform to open access to venture, growth and pre-IPO technology deals that have historically sat behind high minimums and limited distribution. The launch is fund

Digital bank deposits in the Philippines reached P138.5 billion by the end of 2025, a rise of nearly 44 per cent year on year, as app-based lenders continue to pull funding growth away from the country's traditional banks. The figure, drawn from Bangko Sentral ng Pilipinas data, sits behind a broader repositioning of the Philippine banking market that industry leaders will examine at the fifth World Financial Innovation Series (WFIS) in Manila on 25 and 26 August. How fast ar

As advisers digest a wave of platform launches and the sector's second quarter figures land, WealthTech is quietly redrawing the boundaries between plumbing and product. The Story That Set the Tone This Week WealthTech does not usually give us headline-grabbing summer drama, but the first full week of August 2026 has delivered a genuinely useful preview of where the sector is heading. Following last Tuesday's announcement, Orion introduced fractional share trading for financi

FinanceX Magazine is delighted to announce its media partnership with FinTech Connect 2026, the UK's largest dedicated fintech event, taking place at ExCeL London on 1 – 2 December 2026. Now in its second decade, the event has run since 2014, FinTech Connect brings together the full financial services ecosystem for two days of strategic content, benchmarking, and dealmaking. Organised by IQPC Exhibitions, FinTech Connect 2026 is built around seven function-specific content tr

This week in finance's tech frontiers: IBM's $10 billion quantum bet earns a Wall Street upgrade, BlackRock adds two more tokenised funds, Anthropic hands banks purpose-built agents, and Uniswap flips the fee switch. The pilots are over. There is a moment, in every technology cycle, when the punditry stops and the earnings calls start. As of this week, several of finance's most-hyped frontier technologies have quietly crossed that line at once. Quantum computing has a $10 bil