Industry News

In a recent post by OMNIA Protocol, the firm took a deep dive into how exactly private and public Mempools work. 

Backslash Security, a cloud-native app security solution for enterprise AppSec teams, has come out of stealth with $8m in funding.

Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Focus Insurance, a personal insurance brokerage firm based in Texas.

Fenergo's recent webinar, 'KYC, AML, & Onboarding in 2023 – Were Lessons Learned or Do Old Habits Die Hard?', brought together compliance experts to delve into findings from research on over 1100 executives from global banks. This study, encapsulated in the report 'KYC in 2023', reveals a significant 17% rise in the average cost of KYC (Know Your Customer) reviews, accompanied by an 11-day increase in their duration over the past year.

The North American Pet Health Insurance Association (NAPHIA) released its 2023 State of the Industry (SOI) Report showing the North American pet health insurance sector grew by 23.5% in In-Force GWP over 2022.

Frankfurt has been selected to house the new Authority for AML and Countering the Financing of Terrorism (AMLA).

Despite the market troubles, there were still colossal funding rounds within the FinTech sector. The top ten deals raised a combined total of $8bn.

Chubb, a publicly traded property and casualty insurance company with operations in 54 countries and territories, has appointed Mark Homan as division president, international property and casualty, for overseas general insurance.

Perenna, a forward-thinking mortgage lender, has recently expanded its reach across the UK.

Kore, a RegTech SaaS platform that enables large firms to accelerate regulatory compliance, has secured a significant financial boost.