Industry News

DuitNow and PayNow partner to revolutionise cross-border payments

DuitNow and PayNow partner to revolutionise cross-border payments

Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS), the central banks of Malaysia and Singapore respectively, have joined forces to enhance...

How enhanced recordkeeping solutions can secure buy-side compliance with SEC regulations

Over the past few years, the actions of the SEC have made it increasingly evident that the financial services sector, particularly the buy-side industry, is facing heightened scrutiny over its recordkeeping practices.
disclosure

Majority of business leaders optimistic about meeting sustainability disclosure requirements

Honeywell has released a survey stating over 80% of business leaders are confident their firms will comply with disclosure requirements.
Fines

Rising tide of regulatory fines hits $5.65bn: Insights from Corlytics’ latest report

Global enforcement fines have hit a staggering $5.65bn in the third quarter of 2023, according to a report released by Corlytics.
MAPRE-in-latin-american-alliance-with-BUPA-health-insurance

MAPFRE and Bupa enter Latin American alliance

Global insurance company MAPFRE has partnered with Bupa to offer international health insurance in Latin America.
DeSantis

Governor Ron DeSantis bans ESG in Florida investments

Governor of Florida Ron DeSantis has barred fund managers for state and local entities in the state from considered ESG factors in investment decisions.
What financial institutions need to know about GTOs

What financial institutions need to know about GTOs

Geographic Targeting Orders (GTOs) were recently reissued by FinCEN and could pose regulatory requirements to banks. But what do they need to know?
Gradient-AI-selects-Bardon-insurance-grou-evaluate-risk-medical-loss-group-health-insurance

Bardon Insurance selects Gradient AI to better evaluate risk of medical loss for group...

Gradient AI, an enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, has been deployed by Bardon Insurance Group to better evaluation the risk of medical loss for group health insurance.
EU

EU Commission explores universal sustainability disclosures for financial products

The EU Commission has unveiled a consultation surrounding its practices on sustainable financial disclosure.
Streamlining group benefits communication: Key innovations & strategies

Streamlining group benefits communication: Key innovations & strategies

In the rapidly evolving world of group benefits, companies are doubling down on strategies that enhance their interactions and boost operational efficiency. Especially during the peak seasons, these firms are navigating a maze of challenges, with effective communication emerging as a paramount concern.

News Stories

NGFS

NGFS launches Version 2.0 of data directory to tackle climate finance risk

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.
Bank of London

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.
MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

MSIG partners with Serenity to reshape health insurance landscape in Asia

MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.
compliance

How new regulations and tech are shaping financial crime compliance

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...
Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

San Francisco-based Thatch raises $38m to revolutionise health insurance benefits

Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

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