Navigating through Canada’s Bill S-211 with proactive risk management strategies
In an exemplary move to uplift the "social" component within the Environmental, Social, and Governance (ESG) framework, the Canadian Parliament, in May 2023, passed Bill S-211.
Navigating the complexities of off-channel communications in finance
In recent years, off-channel communications have come under the intense scrutiny of regulators like the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This scrutiny is largely due to the risks these unmonitored communications pose, ranging from compliance issues to gaps in record-keeping that can affect investor protection.
LegalTech-focused Wolters Kluwer acquires Della AI
Wolters Kluwer Legal & Regulatory has acquired UK and France-based Della AI, a provider of AI technology that leverages natural language processing.
Team8 leads $5m seed round for FinTech start-up Ballerine
Ballerine, a leading player in the open-source risk decisioning platform arena, has announced a successful seed funding round.
On-chain insurance marketplace Nayms closes round at $80m valuation
Nayms, a fully regulated marketplace for on-chain insurance, has closed it’s private token sale in a round led by DeFi investor UDHC.
InsurTechs Benekiva and MRS to combine insurance solutions
Benekiva, an insurance software company, has partnered with Management Research Services (MRS) to bring together Benekiva’s SaaS claims and servicing platform and MRS’ comprehensive underwriting rules engine.
RBA’s CBDC research shows long road ahead for digital currency
The RBA has released a comprehensive report that shines a light on the complexities of launching a CBDC in Australia.
India to add AI-powered conversational payments to UPI
The Reserve Bank of India has set out plans for the development of AI-powered "conversational" payments on the country's UPI system.
Mashreq announces incorporation in Pakistan to drive digitisation
Mashreq has revealed its successful incorporation in Pakistan as it looks to drive digitisation and financial inclusion.
Rob Manders joins Intellect Design Arena’s growth advisory board
FinTech firm Intellect Design Arena has recently welcomed Rob Manders to its growing Growth Advisory Board.
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