Industry News

Prompt Security, a company in the GenAI security sector, announced a significant milestone today and raised $5m in funding. 

Swiss Re, provider of reinsurance and insurance, has appointed Velina Peneva as group chief investment officer and member of the group executive committee.

In an industry-wide call to action, several prominent associations have voiced their concerns over the potential consequences of the current draft text of Recital 34 in the Anti-Money Laundering (AML) Regulation.

Dayforward, a digital life insurance company built for modern families, has acquired Commercial Travelers Life Insurance Company and secured $25m of funding.

The asset servicing industry is currently navigating through turbulent waters, marked by escalating fee pressures, rapid technological advancements, stringent regulations, and a volatile macroeconomic climate.

With the regulatory environment constantly changing, firms are looking towards technology to help. With so many different solutions available, Aveni has outlined the five biggest innovations companies should be looking at.

One of the most pressing issues with the financial industry right now is document fraud. How can RegTech's tackle this challenge and provide more...

UK firms could be the next to face greater regulatory scrutiny and fines for off-channel trading communications, according to a survey by Global Relay.

In a significant move underscoring the persistent focus on regulatory compliance within the financial sector, the Securities and Exchange Commission (SEC) has once again...

Web 3.0 could transform the way cross-border payments work, allowing money to be transferred more seamlessly.