Industry News

aca-group-creates-inclusive-campaign-for-pride-month

ACA Group creates inclusive campaign for Pride Month

In honour of Pride Month, ACA Group proudly aligns itself with the worldwide recognition of the LGBTQIA+ community, marking June as a month to celebrate their invaluable contributions. The company reaffirms its commitment to nurturing a working environment that thrives on diversity and fosters inclusivity.
climate

Twenty two US states’ challenge FASB’s climate rule integration

Financial officers from 22 US states have expressed opposition to the FASB over the proposed inclusion of the SECs climate-disclosure rules in US accounting standards.

The 4 key advantages of adopting cloud-native platforms in insurance

As our digital landscape continually evolves, the prominence of cloud technology in businesses has soared. This surge is a sharp contrast to past reservations about adopting cloud technology. Today, it's increasingly rare to find a technology vendor that doesn't offer cloud-based solutions.
Navigating the complexities of ISSB and ESRS standards: A guide to dual compliance

Navigating the complexities of ISSB and ESRS standards: A guide to dual compliance

Position Green, which offers a holistic platform for ESG management, has offered a guide for complying with both ISSB and ESRS. 
Earn

Liquid investments platform Earn Network hauls in $2.7m seed round

Earn Network, a community-driven marketplace for liquid investments, has successfully concluded its seed funding round.
climate

Australia champions corporate transparency with new climate law

The Australian Senate has approved a bill mandating climate reporting for large and medium-sized enterprises.
Boosting business success: How TAINA powers growth mindset culture

Boosting business success: How TAINA powers growth mindset culture

In the dynamic and continually changing startup environment, the cultivation of a growth mindset is key to individual and organisational progress. It also lays the foundation for a cooperative, customer-focused, and high-performing work culture.

How RegTech innovations are revolutionizing tax compliance in finance

Ross McGill, the Chairman and founder of TConsult Ltd, has a profound history in steering the company through two decades of regulatory evolution.
Dana

Dana Barsky to head Standard Chartered in sustainability and net zero

Standard Chartered has announced the appointment of Dana Barsky as the Global Head of Sustainability Strategy and Net Zero.
How financial services can boost productivity with knowledge work automation

How financial services can boost productivity with knowledge work automation

In the rapidly evolving financial services industry, firms are under increasing pressure to enhance productivity and streamline their operations. This challenge is compounded by the sheer volume of data they handle, which can create significant information chaos, lead to costly mistakes, and perpetuate inefficient manual processes.

News Stories

On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance security, ended up causing major disruptions across industries worldwide. The faulty software quickly wreaked havoc on IT systems reliant on Microsoft's operating system, with insurance firm Parametrix estimating $5.4bn in damages were done to Fortune 500 companies alone. Jeff Heine, Chief Revenue Officer of Novidea delved into why this calamity underscores the need for modern, sophisticated insurance management systems.

Why the CrowdStrike outage highlights a need for modern insurance management systems

On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance security, ended up causing major disruptions across industries worldwide. The faulty software quickly wreaked havoc on IT systems reliant on Microsoft's operating system, with insurance firm Parametrix estimating $5.4bn in damages were done to Fortune 500 companies alone. Jeff Heine, Chief Revenue Officer of Novidea delved into why this calamity underscores the need for modern, sophisticated insurance management systems.
Paymob

Paymob secures $22m to bolster digital payment infrastructure in MENA

Paymob, a trailblazer in the MENA financial services sector, has recently announced a substantial $22m extension to its Series B funding, culminating in a robust $72m total for the round.
Optalitix, a specialist in insurance and finance software, has raised $3m in a follow-on fundraising round led by its existing investor, Calculus Capital.

Optalitix secures $3m funding to drive insurance software innovation

Optalitix, a specialist in insurance and finance software, has raised $3m in a follow-on fundraising round led by its existing investor, Calculus Capital.
Flagright

Flagright welcomes First Digital as customer to enhance AML FinTech compliance

RegTech firm Flagright has welcomed First Digital Trust, known as First Digital, as its newest customer. 
Data

ESG Data & Solutions introduces ESGSure to transform ESG research

ESG Data & Solutions, a key firm in the environmental, social, and governance  sector, has introduced its latest innovation, ESGSure.

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