Nations Championship: Monzo makes first move into rugby, with Allianz and ITV July 1, 2026 Monzo have broadened its sponsorship portfolio, joining Allianz in sponsoring ITV’s coverage of rugby union’s Nations Championship competition. The challenger bank and insurance giant have each signed deals with the free-to-air broadcaster to be part of the channel’s coverage of the inaugural inter-hemispheric tournament. It is Monzo’s first step into rugby union and comes after [...]
UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle July 1, 2026 Hedge fund Bluecrest Capital Management, founded by the UK’s wealthiest financier, said the UK is no longer “a serious contender” as a place to do business after it lost a £200m battle with the tax man, in a ruling that could now leave the wider hedge fund and professional services industries facing a hefty bill. The [...]
Cardo AI Emerges as the Defining ABF Specialist in Chartis Research’s 2026 Global Rankings July 1, 2026 Cardo AI, the technology platform purpose-built for asset-backed finance and private credit, today announced it has been recognised in two Chartis Research STORM reports, ranking 19th in BuySideRisk 50 and 25th in QuantTech 50, among the most authoritative independent assessments of risk technology vendors globally. In the BuySideRisk 50, Cardo AI climbed 13 places from [...]
MDOTM Raises $27M Growth Equity Round Led by Expedition Growth Capital as AI Adoption Permeates the Asset and Wealth Management Industry June 30, 2026 The funding will accelerate international expansion and hiring across AI research, engineering, product, sales and client solutions Sphere, MDOTM’s AI investment platform, now supports more than $100 billion in assets across 60+ financial institutions, including Morgan Stanley, Amundi and Zurich Bank With fee compression and demand for personalization rising, firms are adopting Sphere to manage thousands of portfolios at scale
Algoma Central Corporation Announces Refinancing of Long-Term Debt June 30, 2026 Algoma Central Corporation (“Algoma” or the “Company”) (TSX:ALC), a leading provider of marine transportation services, today announced that it has completed an amendment and expansion of its senior secured financing facilities. Proceeds from the expanded financing facilities will be used to repay the Bank Revolver (as defined below), to finance the Company’s investment opportunities, and [...]
Sainsbury’s boss urges Burnham to cut energy costs and ‘focus on growth’ June 30, 2026 The boss of Sainsbury’s has urged the next prime minister to address rising energy costs as food inflation continues to concern shoppers. The boss of the UK’s second-largest grocer repeated his earlier calls for the Treasury to engage with the food industry to assist with rising costs following the war in the Middle East. His [...]
Nolana Named as Finalist and Runner-Up at ILC ClaimsTech – The Pitch 2026 in London June 30, 2026 Nolana AI, the developer of an agentic artificial intelligence operating system for insurance operations, was recognized as a finalist and runner-up at the annual ClaimsTech – The Pitch 2026 live final. The event took place at Kennedys in central London on June 18, 2026. Organised by ILC I Love Claims, the competition showcases emerging innovative [...]
Endava Partners with Wiz to Deliver Integrated Cloud Security for Enterprise AI Adoption June 30, 2026 Endava (NYSE ‘DAVA’), the technology-driven business transformation group whose AI-native approach combines cutting edge technology with deep industry expertise, today announced a collaboration with Wiz, the leading cloud and AI security platform that is now part of Google Cloud. Building on Endava’s status as both a Google Cloud Premier Partner and Google Security Partner, Endava [...]
European Insurers Rethink BPO for AI Era June 30, 2026 Life and retirement insurers seek resilient, AI-ready operations as compliance, service stability and modernization needs grow, ISG Provider Lens® report says
Carbon Announces Signing of Significant Growth Equity Investment from FTV Capital June 30, 2026 The investment will accelerate Carbon's growth in delegated authority underwriting by helping to scale its market-leading data and analytics platform, Graphene, and supporting expansion into new markets, including across the US