Features

Key pitfalls firms should avoid when implementing CSRD

Key pitfalls firms should avoid when implementing CSRD

The Corporate Sustainability Reporting Directive (CSRD) was introduced in Europe at the beginning of the year. It replaced the Non-Financial Reporting Directive (NFRD) and bolstered the scope of reporting, with the aim of enhancing transparency and comparability of ESG data across the EU so stakeholders can easily evaluate the sustainability performance of companies.
In the competitive landscape of insurance underwriting, the integration of risk data is emerging as a secret weapon to enhance the performance of your underwriting team. One way this can be exploited is through the use of loss control, a risk management method aimed at decreasing the likelihood of losses occurring and minimising the impact of any that do happen. Due to the clear benefits of this, numerous key industry players are now claiming that advanced loss control practices can transform the traditional underwriting processes, reducing claims while increasing renewals and premiums.  

Loss control: Underwriting’s secret weapon 

In the competitive landscape of insurance underwriting, the integration of risk data is emerging as a secret weapon to enhance the performance of your underwriting team. One way this can be exploited is through the use of loss control, a risk management method aimed at decreasing the likelihood of losses occurring and minimising the impact of any that do happen. Due to the clear benefits of this, numerous key industry players are now claiming that advanced loss control practices can transform the traditional underwriting processes, reducing claims while increasing renewals and premiums.  
Labour

How the incoming Labour government can support the UK FinTech market

After 14 years in opposition, the UK Labour Party this morning returned to government, defeating the Conservative Party in a landslide. How can an...
Often seen as an industry lambasted for a lack of change, the insurance sector has opened its eyes to a swathe of potential innovative technologies that could revolutionise the sector throughout 2024. At the height of this movement, the principle of automated underwriting emerged as the industry’s great fascination, with its potential to truly become the sector’s silver bullet.

Is automated underwriting InsurTech’s silver bullet?

Often seen as an industry lambasted for a lack of change, the insurance sector has opened its eyes to a swathe of potential innovative technologies that could revolutionise the sector throughout 2024. At the height of this movement, the principle of automated underwriting emerged as the industry’s great fascination, with its potential to truly become the sector’s silver bullet.
DORA

How should RegTechs be preparing for DORA?

The DORA is a EU regulation that entered into force on 16 January 2023 and is currently set to apply as of 17 January 2025.
How Qkvin is helping financial institutions tackle the 5 major financial crime challengesvideo

How Qkvin is helping financial institutions tackle the 5 major financial crime challenges

FinTech Global recently spoke to RegTech firm Qkvin to explore what the five major challenges financial institutions face with financial crime and how Qkvin can resolve them.
Finding the right RegTech partner for you – Part 2

Finding the right RegTech partner for you – Part 2

The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams.
KYC

How is Generative AI impacting the KYC process?

Ever since its launch in November 2022, Generative AI has been the topic of discussion on everyone's lips when it comes to discussing transformational...
Balancing privacy and personalisation: Social media data in investing

Balancing privacy and personalisation: Social media data in investing

Personalisation has continued to feature as an integral part of digitalisation strategies. Spurred on by the demand for it by consumers, companies across the financial services landscape are transforming their products to be personalised to specific customer needs.
AI

How can AI transform customer onboarding?

The role of artificial intelligence is continuing to evolve within the FinTech sector. As firms get to grips with the technology's potential, many stakeholders...

News Stories

InvestiFi and HiFin Technology join forces to enhance digital banking implementations

InvestiFi and HiFin Technology join forces to enhance digital banking implementations

InvestiFi, a prominent InvestTech platform, has entered into a strategic partnership with HiFin Technology, a leading Alkami Technology services firm.
Singapore banks enhance security to fend off phishing threats

Singapore banks enhance security to fend off phishing threats

In a recent announcement by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS), major retail banks in Singapore are set to overhaul their security protocols.
Google eyes $23bn acquisition of Wiz in major cybersecurity expansion

Google eyes $23bn acquisition of Wiz in major cybersecurity expansion

Google is reportedly close to finalizing its most significant acquisition to date, with cybersecurity company Wiz at the centre of a $23bn deal, according...
Redwood National and State Parks

Endor Labs secures strategic investment from Citi Ventures to bolster software security

Endor Labs, a trailblazer in software supply chain security, recently announced a strategic investment from Citi Ventures.
Argentine FinTech startup Tapi secures $22m in Series A

Argentine FinTech startup Tapi secures $22m in Series A

Argentine FinTech company, Tapi, has successfully raised $22m in a Series A funding round.

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