The key regulatory challenge facing the financial industry that you should know about
Regulators are striving to strike a balance between ensuring data security and privacy, and facilitating cyber compliance. As policy-makers attempt to develop a regulatory framework for a safer digital environment, financial firms must appropriately navigate the industry’s everchanging environment.
Openly selects Majesco’s software solution to provide a modern insurance experience to customers
Openly, a premium homeowners insurance carrier that affirms the agent distribution channel, has selected Majesco Billing for P&C on Majesco CloudInsurer in order to provide increased flexibility, greater service and modern insurance experience to its customers.
InsurTech Hippo goes public via SPAC merger to fuel growth of its home insurance...
US InsurTech focused on the home insurance market Hippo has become a publicly-traded company following its merger with special purpose acquisition company (SPAC) Reinvent Technology Partners Z.
BIS paper outlines Big Tech regulation challenges in financial services
The Bank for International Settlements (BIS) has published a paper underlining the challenges caused by rapid Big Tech growth in the financial services sector.
MAS reveals plans to launch new banking data-sharing platform
The Monetary Authority of Singapore (MAS) has revealed it has been working with legal and industry partners to develop a platform to help banks securely share information.
Direct Line’s CTO reveals the evolution of insurance
The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.
US to bolster cyber synergies with new defence center launch
The US government has revealed it is introducing a new cyber defence center focused on strengthening collaboration between the public and private sector.
City of London struggling to entice financial workers back to the office
The CEO of insurance and investment specialist Legal & General has said the City is struggling more than other UK regions to bring workers back to their offices.
MotoRefi extends Series B with extra $5m capital raise
Auto refinancing company MotoRefi has raised an additional $5m in its extended Series B funding round.
APEXX Global adds four new global brands to BNPL service
Payment platform APEXX Global has revealed that four new buy now, pay later (BNPL) firms have joined its BNPL Connect aggregator.
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