Industry News

In the data-driven epoch, secure, adaptable, and scalable fraud prevention systems hold immense significance, especially for financial institutions handling sensitive data and massive amounts of money. The scalability of these systems, often overlooked, is crucial not only to handle the present volume of transactions but also to accommodate growth over the upcoming years.

ShoreOne Insurance Managers, which combines homeowner and flood insurance, has launched its residential homeowners policy with full flood insurance protection in Massachusetts.

Axyon AI, an innovative Italian company specialising in AI for asset management, has successfully completed its latest funding round.

Leaders of governments, businesses and NGOs met last week at the World Economic Forum, which was hosted in Switzerland. Topping their concerns were climate change, cost of living and geopolitics.

Digital transformations have spurred exponential profitability across various sectors including ridesharing, retail, banking, and travel. However, according to hyperexponential, despite being a data-rich sector, the insurance industry has been slower in achieving this level of growth.

According to Extreme Event Solutions at Verisk, economic losses for the earthquakes in Turkey will exceed $20bn and industry insured losses will exceed $1bn.

As the Corporate Sustainability Reporting Directive (CSRD) and EU Taxonomy gain momentum, companies are prioritising their ESG reporting strategy. Central to this strategy is...

Ensuring compliance with CRS and FATCA can often feel like navigating a regulatory maze fraught with potential pitfalls, claimed MAPFinTech.

Klarna has entered into a strategic partnership with payments firm Ingenico to help roll out its flexible payment options at the point-of-sale.

A recent webinar hosted by Deloitte and everyoneINVESTED brought together industry experts to discuss the landscape of wealth management.