Industry News

Tokio-Marine-Kiln-specialist-intsurer-launches-product-to-support-life-sciences

Tokio Marine Kiln launches product to support life sciences

Tokio Marine Kiln (TMK), a specialist international insurer, has launched its first life sciences insurance product, IntelliMed, in a bid to address coverage gaps.
Eventus pioneers next-gen trade surveillance: 2024 vision for client-centric solutions

Eventus pioneers next-gen trade surveillance: 2024 vision for client-centric solutions

Eventus, a prominent player in the trade surveillance software sector, has announced significant global expansion in 2023 and presents an optimistic forecast for 2024. The company is on a mission to revolutionise trade surveillance with bespoke, client-driven solutions and innovative technology.
Financial crime prevention spend to exceed $28bn by 2027

Financial crime prevention spend to exceed $28bn by 2027

Global software spend on financial crime prevention tools will exceed $28.7bn by 2027, up from $22.1bn in 2023, Juniper Research claims.
FullCircl's response to BIBA's 2024 Manifesto: A new era for UK insurance brokers

FullCircl’s response to BIBA’s 2024 Manifesto: A new era for UK insurance brokers

FullCircl, a prominent player in the InsurTech sector, recently offered its perspectives on the British Insurance Brokers' Association's (BIBA) newly unveiled 2024 Manifesto. Ashleigh Gwilliam,...
Crypto broker Genesis Global Holdco files for bankruptcy protection

Crypto broker Genesis Global Holdco files for bankruptcy protection

Genesis Global Holdco (GGH), the parent company of struggling crypto brokerage Genesis, has filed for bankruptcy protection.
FSB calls for bold steps to preserve cash accessibility

FSB calls for bold steps to preserve cash accessibility

The Federation of Small Businesses (FSB) has recently voiced its opinion on the Financial Conduct Authority (FCA)'s current proposals aimed at ensuring the availability of cash withdrawal and deposit facilities.
51% of organisations lack sufficient budget for cybersecurity needs - survey finds

51% of organisations lack sufficient budget for cybersecurity needs – survey finds

Just half (49%) of organisations have sufficient budget to meet their current cybersecurity needs, and 11% and only protect their most critical assets.
IBM

IBM enhances ESG Suite with Supply Chain Emissions Analysis

IBM, a global technology giant, is known for its innovation in the field of computing, cloud technology, and artificial intelligence (AI).
open banking

Is the UK at risk of losing its leading position in open banking?

A new report has claimed that the UK could lose its position as the global leader in open banking unless drastic action is taken.
Revolut

Revolut introduces robo-advisor service in the Republic of Ireland

Revolut, the global financial super-app with a customer base exceeding 35 million worldwide, has recently unveiled its Robo-Advisor service in Ireland.

News Stories

Swisscom, a leading telecommunications provider in Switzerland, now expanding its services into the insurance sector with Sure.

Swisscom expands its services into insurance sector with Sure

Swisscom, a leading telecommunications provider in Switzerland, now expanding its services into the insurance sector with Sure.
Cowbell, a leading provider of cyber insurance for SMEs, has introduced a new generative AI solution aimed at optimising underwriting workflows.

Cowbell introduces GenAI solution to optimise underwriting workflows

Cowbell, a leading provider of cyber insurance for SMEs, has introduced a new generative AI solution aimed at optimising underwriting workflows.
Ouro, a global financial services and technology innovator, has partnered with Real Madrid to develop and deliver co-branded financial solutions to fans in key markets globally.

Ouro and Real Madrid team up to score financial goals globally

Ouro, a global financial services and technology innovator, has partnered with Real Madrid to develop and deliver co-branded financial solutions to fans in key markets globally.
Standard Chartered has joined forces with Visa B2B Connect to expand its existing suite of payment solutions.

Standard Chartered partners with Visa B2B Connect for streamlined cross-border payments

Standard Chartered has joined forces with Visa B2B Connect to expand its existing suite of payment solutions.
How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.

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