Industry News

ESRS

Learning the fundamentals of mastering the ESRS sustainability statement

Understanding the structure of the ESRS sustainability statement is crucial for companies aiming to showcase their ESG efforts effectively.
Eventus explores if pre-hedging is market manipulation

Eventus explores if pre-hedging is market manipulation

ESMA’s recent MAR Review acknowledged there were varying views on pre-hedging. Eventus has explored whether pre-hedging counts as market manipulation.
Tabby

Tabby secures $700m in debt financing and expands Series D to $250m

Tabby, a leading shopping and financial services app in the MENA region, has achieved a significant financial milestone. 
10 communications compliance trends in 2023

10 communications compliance trends in 2023

As 2022 enters its final month, it is time to look into the new year. Theta Lake, a security and compliance platform for modern collaboration tools, has outlined the 10 trends it sees coming to fruition in 2023.
SonicWall

SonicWall expands SASE capabilities with Banyan Security acquisition

SonicWall, a cyber leader, has announced its acquisition of Banyan Security, a prominent provider of security service edge solutions.
travellers-demand-embedded-insurance-products-companjon

Travellers demand embedded digital insurance, Companjon reports

The majority of travellers are demanding insurance that is embedded, event-driven and digital, according to recent research from Companjon.
ESG

EC mandates enhanced transparency in ESG ratings to foster investor trust

The European Council has recently taken a step towards regulating ESG ratings, focusing on enhancing investor confidence.
Allianz-partners-teams-up-with-running-usa-protect-runners-support-running-industry

Allianz Partners joins forces with Running USA to protect runners

Allianz Partners USA, a provider of travel protection and consumer specialty insurance, has partnered with Running USA to support the growth of the running industry.
Albanese

Australia’s Albanese government unveils climate risk disclosure framework

The Anthony Albanese Government of Australia has recently announced significant reforms in climate reporting.
Greenlight-launches-financial-literacy-game for-kids.jpg

Greenlight launches financial literacy game for kids

US-based Greenlight Financial Technology, which aims to help parents boost financial literacy with their children, has launched a new interactive financial literacy game.

News Stories

How UBO verification can safeguard against financial crimes

An UBO refers to an individual who, although not always officially recorded, holds significant control or ownership of a business entity, generally marked by owning 25% or more of the company.
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. 

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