Company News

86% of firms and 74% of consumers embrace instant payments in 2023

A study by the Federal Reserve has revealed trends in the adoption of digital, faster, and instant payment services among firms and consumers in the US.

UK and Singapore renew commitment to FinTech cooperation

The UK and Singapore have reaffirmed their dedication to collaborative efforts in sustainable finance and FinTech innovation.
Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).

Front Street Re names Edison Fong as its new CEO

Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).

Machine identity startup Token Security raises $7m in seed round

Token Security, a machine identity startup, has secured $7 million in seed funding, signalling a step forward in its mission.
Greenboard

Base10 partners leads $4.5M funding round in Greenboard

Greenboard, a compliance and operations software company for financial services, has announced the completion of its seed funding round, raising $4.5m.
CUBE

CUBE bolsters regulatory expertise through Reg-Room acquisition

CUBE has announced its acquisition of Reg-Room, a prominent regulatory intelligence provider catering to the financial services sector.
Custodia

Custodia and TSS forge alliance to enhance regulatory compliance solutions

Custodia and TSS (Trading System Support) have revealed their strategic partnership aimed at advancing regulatory compliance in the market.
In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?

Why is embedded insurance needed?

In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?
London Underwriters, a leading national insurance wholesale broker, and Foxquilt Insurance, a pioneer in digital insurance solutions for small businesses and individuals, have announced a strategic partnership.

Foxquilt and London Underwriters unveil strategic partnership

London Underwriters, a leading national insurance wholesale broker, and Foxquilt Insurance, a pioneer in digital insurance solutions for small businesses and individuals, have announced a strategic partnership.
Nottingham Building Society has partnered with Uinsure, a leading insurance technology firm to provide seamless home insurance quotes to members in as little as 60 seconds.

Nottingham Building Society partners with Uinsure to provide faster home insurance quotes

Nottingham Building Society has partnered with Uinsure, a leading insurance technology firm to provide seamless home insurance quotes to members in as little as 60 seconds.

News Stories

AI

How AI is driving transformation in the financial services space

Since the onset of AI adoption, the financial services market has been rapidly adjusting to new opportunities and challenges posed by the technology. As...
Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

Singapore’s new scam protection bill to restrict high-risk bank transactions

Singapore's Ministry of Home Affairs (MHA) is set to introduce a groundbreaking Protection from Scams Bill aimed at combating the rising tide of online fraud.

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