Navigating the KYC maze: How banks are tackling compliance costs in 2023
In 2022, Fenergo's annual research survey of global investment banks highlighted a labor-intensive environment in Know Your Customer (KYC) processes. These processes were costing banks as much as $35m annually.
AXA poised for growth in Spain with GACM acquisition
AXA Spain has entered negotiations with Groupe des Assurance due Crédit Mutuel (GACM) to acquire the company in a bid to strengthen its property & casualty (P&C) and health presence in Spain.
Tackling compliance complexity – how AI is changing the game for financial services
The latest research by GRC 20/20 delves into the role of AI in reshaping regulatory compliance within the financial services sector.
Branch unveils term life insurance product
Branch, a full-stack insurance company that uses data, technology, and automation to make home and auto insurance completely frictionless, has launched a term life insurance product.
Mastercard and MDP form alliance for digital payments in MENA
Mastercard and MDP have announced a partnership to transform the payments landscape for banks and non-FIs in the MENA region.
How financial advice is changing through voice calls
As the world moves out of the pandemic and into the cost-of-living crisis, the future of financial advice is continuing to change.
BlackRock’s Larry Fink claps back at anti-ESG claims in Republican debate
BlackRock CEO Larry Fink recently robustly defended the investment firm against accusations hurled during the Republican debate.
SageSure and Goosehead launch Elevate to protect coastal homeowners
SageSure, a provider of catastrophe-exposed property insurance, has partnered with Goosehead, an independent personal lines insurance agency, to launch an insurance carrier for protect homeowners in coastal states.
European banks rally behind Meniga with €15m investment
Meniga, a personal finance management solutions firm, has announced it has secured €15m in Series D investment.
FM Global levels up risk management in Asia Pacific with Singapore facility
FM Global, a commercial and industrial property insurer, has opened its client-centred experiential risk management facility in Asia Pacific, situated in Singapore Science Park.