Company News

ESG a growing factor for decision making in insurance, AM Best study finds

A recent survey by AM Best has found that six in ten US insurance companies agree demand from stakeholders to consider ESG factors in their decision making is growing.

Thailand central bank unveils plans for digital currency pilot in 2022

The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.

Kidbrooke, additiv team up to meet rising demand for financial health and planning tools

Financial analytics API developer Kidbrooke has teamed up with additiv to help cater to the growing demand for financial health and financial planning tools.

Tymit picks Marqeta to power its borrowing platform

London-based credit card provider Tymit has picked card-issuing venture Marqeta to power a new generation of borrowing that hands greater control to consumers.

Getsafe introduces car insurance to its portfolio through iptiQ partnership

InsurTech Getsafe has added car insurance to its digital insurance portfolio, creating car insurance policies optimised for smartphones.

Finnu bags $800,000 to launch its personal credit solution in Latin America

Fintech Finnu has secured $800,000 investment to give loans for phones to customers in Latin America.

US SEC issues $5m penalty to Morgan Stanley for misleading clients

The US Securities and Exchange Commission (SEC) has issued a $5m penalty to Morgan Stanley Smith Barney after it providing misleading information to clients in its retail wrap fees programmes.

New coronavirus-related phone scam revealed

After several cybersecurity companies and government bodies have warned that the spread of the coronavirus has increased the number of cybsersecurity threats, criminals have now started to use phones in their scams.

Banking app for immigrants MAJORITY launches from beta

MAJORITY, a digital banking service specifically designed for immigrants has launched out of its beta test, letting anyone living in the US use the service.

The Swedish central bank to test its digital defences against the EU TIBER-EU cybersecurity...

The Riksbank may be the world oldest central bank, but it is still recognising the evolving threats it has to deal with.

News Stories

Basel IV unpacked: How different jurisdictions are setting their timelines

Different jurisdictions around the world are gearing up to implement Basel IV, each adopting a unique approach that considers local market conditions and regulatory frameworks.

The rising need for automated compliance technology in finance

In the financial services sector, tracking employee compliance such as licensing, registrations, and continuing education is a complex task.
New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers since the Consumer Duty Act was implemented in July 2023.

UK insurance firms struggle to meet Consumer Duty Act expectations

New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers...
MAPFRE has reported a substantial 46% increase in its net result for the first half of 2024, reaching €462m.

MAPFRE sees monumental 46% surge in profits for H1 2024

MAPFRE has reported a substantial 46% increase in its net result for the first half of 2024, reaching €462m.
NatWest has announced its acquisition of Metro Bank's £2.4bn mortgage portfolio, adding approximately 10,000 customer accounts to its books.

NatWest lands Metro Bank’s £2.4bn mortgage portfolio

NatWest has announced its acquisition of Metro Bank's £2.4bn mortgage portfolio, adding approximately 10,000 customer accounts to its books.

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