Federal Reserve Board proposes changes to payment system
The US Federal Reserve Board has issued the final guidelines that establish a transparent, risk-based and consistent set of factors for Reserve Banks to use when reviewing requests to access Federal Reserve accounts and payment services.
Mosaic, DXC team to launch new speciality InsurTech platform
Mosaic Insurance and end-to-end IT services firm DXC Technology have partnered to launch a new insurance technology platform.
Self-sovereign identity to be billion-dollar industry by 2024
Self-sovereign identity (SSI), a system which uses blockchain to give direct control of who accesses their online credentials, will be a billion-dollar industry by 2024, according to Juniper Research.
What are the best practices for crypto asset regulation compliance?
Deciphering the complexities of crypto assets and adhering to Anti-Money Laundering (AML) regulations can seem like an intricate task.
How Generative AI is transforming motor insurance claims
Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty - and Generative AI may be the future, as Simplifai explains.
Crypto-related crime plummets in H1 2022
Revenue from crypto-related crime has fallen 65% in the first half of 2022 compared to the same period last year, a report by Chainalysis has found.
US teams with Singapore to tackle cybersecurity, sustainable finance challenges
The US and Singaporean governments have entered into a new cooperation agreement to partner in the key areas of cybersecurity, the economy and the climate.
Republic of North Macedonia to launch national identity system with Mastercard
The Republic of North Macedonia’s government has revealed plans for a national digital identity service which is being built in partnership with Mastercard.
$140m BlueVoyant deal steals headlines in this week’s FinTech funding rounds
A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.
SmartSearch launches global ID verification solution to combat financial crime
SmartSearch, a provider of digital compliance and AML solutions, has announced the launch of its International Individual Check solution.