Company News

Traditionally, manufacturers have relied on dedicated handheld barcode scanners for inventory management, asset tracking, and supply chain operations. However, the advent of smartphone technology is transforming this practice. Modern smartphones can now accurately scan barcodes, QR codes, and other machine-readable symbols, tasks previously managed by specialised hardware. This shift is primarily driven by the need to optimise costs and operational efficiency, leveraging the ubiquity and versatility of mobile devices.

Cutting costs with smartphone barcode scanners

Traditionally, manufacturers have relied on dedicated handheld barcode scanners for inventory management, asset tracking, and supply chain operations. However, the advent of smartphone technology...
CFPB

CFPB set to clamp down on paycheck advance fees

The CFPB has announced a new rule aimed at increasing transparency around paycheck advance products, also known as "earned wage" products.
P&C and health pricing teams operate in a dynamic environment. They need to ensure that their current pricing strategy is not only appropriate for their policyholders but also accurately aligned with the evolving competitive and regulatory landscape. In reality, pricing executives act as insurance portfolio managers, constantly monitoring margins, loss ratios, and GWP to align with both the insurer's overall strategy and market competition. Recent regulations such as the UK's Customer Duty, also highlight the necessity for real-time identification of risk outliers within portfolios and the ability to explain these outliers to regulators, making this capability a regulatory requirement.

How to master insurance portfolio management

P&C and health pricing teams operate in a dynamic environment. They need to ensure that their current pricing strategy is not only appropriate for their policyholders but also accurately aligned with the evolving competitive and regulatory landscape. In reality, pricing executives act as insurance portfolio managers, constantly monitoring margins, loss ratios, and GWP to align with both the insurer's overall strategy and market competition. Recent regulations such as the UK's Customer Duty, also highlight the necessity for real-time identification of risk outliers within portfolios and the ability to explain these outliers to regulators, making this capability a regulatory requirement.
Bud Financial, a London-based financial data intelligence platform, has announced that it has chosen Vilnius, Lithuania as its European hub.

Bud Financial chooses Vilnius as its European hub

Bud Financial, a London-based financial data intelligence platform, has announced that it has chosen Vilnius, Lithuania as its European hub.

Two companies reach unicorn status in this week’s FinTech funding rounds

The FinTech sector saw a pair of new unicorn's emerge following a host of successful tranches across the space, as $827.5m was raised throughout this week's FinTech funding rounds.

New Deloitte survey reveals major shift in corporate ESG strategies for 2024

A new survey from Deloitte has highlighted significant trends among public companies gearing up for enhanced ESG disclosures.

GIX files with SEC to introduce pioneering green stock exchange in America

GIX, an enterprise established in 2022 by former NYSE executives is striving to lead the US in sustainability-focused financial operations.

US Treasury unveils comprehensive cloud security framework for financial services

The U.S. Treasury, in collaboration with the Financial Services Sector Coordinating Council (FSSCC), has officially released a comprehensive suite of resources tailored for financial services institutions.
Juno, the first company in the U.S. to provide child disability insurance, has announced the successful closure of an $8.5m Series A funding round.

Child disability insurance pioneer Juno raises $8.5m in Series A funding

Juno, the first company in the U.S. to provide child disability insurance, has announced the successful closure of an $8.5m Series A funding round.

Enterprise blockchain innovator Allium raises $16.5m led by Theory Ventures

Allium Inc, an enterprise in blockchain data delivery, today announced a successful early-stage funding round of $16.5m. According to Silicon ANGLE, this significant investment will...

News Stories

Crypto

The new standard for digital wealth

Picture an all-too-common scenario. A high-net-worth individual sells part of his crypto holdings. The profits are transferred to his bank account. But what then...
Why AI overlays are failing AML compliance

Why AI overlays are failing AML compliance

Legacy AML platforms are creaking under the weight of modern financial crime pressures and Napier AI warns that bolting AI onto broken foundations will...
KYCP's smart alerts cut KYC noise at the source

KYCP’s smart alerts cut KYC noise at the source

In the increasingly complex world of compliance and know-your-customer (KYC) operations, alert fatigue is a genuine operational hazard. Too many notifications, particularly irrelevant ones, can...
EXANTE: US-China trade thaw tests Trump's economic legacy

EXANTE: US-China trade thaw tests Trump’s economic legacy

In this week's global macro briefing from EXANTE, two seismic developments dominated the financial landscape: Donald Trump's high-stakes visit to Beijing and the Senate's...
Luminor bets on cloud to future-proof Baltic payments

Luminor bets on cloud to future-proof Baltic payments

Baltic bank Luminor has completed a significant step in its cloud transformation strategy, migrating its core payment services onto Tieto Banktech's Payments as a...

120,000+ FinTech leaders get exclusive industry stories delivered every week