Industry News

sapiens-absa-life-team-up-digital-transformation

Sapiens chosen as Absa Life’s partner in a major digital transformation initiative

Sapiens International Corporation, a leading global provider of software solutions for the insurance sector, and Absa Life, a foremost life insurance provider in South Africa, are teaming up.
hippo-debut-catrastrophe-bond

Hippo Holdings’ Spinnaker Insurance secures $110m for debut catastrophe bond

Spinnaker Insurance Company, a fully owned subsidiary of Hippo Holdings, has announced a significant stride in the insurance industry, unveiling the successful sponsorship of a catastrophe bond from Mountain Re Ltd.
owit-global-canopius-team-up-to-streamline-data-management

OWIT Global and Canopius US Insurance team up to streamline bordereaux data management

OWIT Global, recognised as the leading cloud-based InsurTech firm focused on digitalising the international insurance industry, has announced a successful implementation of their Bordereaux Management Solution by Canopius US Insurance. 
UK banks shelve sustainability amid economic turmoil

UK banks shelve sustainability amid economic turmoil

In a surprising twist, the number of UK banks considering sustainability as a central business strategy has dropped dramatically by 40% within a year, reveals a new report by digital transformation facilitator Hexaware Mobiquity.
insurtech-proptech-partnership-lexasure

Transforming PropTech and InsurTech: Lexasure collaborates with Qornerstone on new insurance solutions

Lexasure Financial Group Limited, a key player in the InsurTech market across South and Southeast Asia offering reinsurance, insurance, and tech solutions, along with Qornerstone, an innovative PropTech firm revolutionising property management, have recently unveiled a memorandum of understanding to develop a strategic partnership.
Revolutionising financial customer experience with digital tax form processing

Revolutionising financial customer experience with digital tax form processing

In today's digital age, customers have high expectations for their interactions with financial institutions. These digitally savvy individuals demand streamlined, efficient, and enjoyable experiences. Unfortunately, many financial entities, even the globally leading ones, continue to rely on outdated manual processes for FATCA and CRS compliance, causing frustration for both clients and customer service officers.
BIS

New leap in financial tech: BIS’s game-changing blueprint for monetary system

The BIS has announced a blueprint for the global monetary system, leveraging programmable central bank money.
Unpacking the SEC climate disclosure rule: a shift towards sustainability reporting

Unpacking the SEC climate disclosure rule: a shift towards sustainability reporting

Position Green's Managing Director in the USA, Jason Stanley, has shed light on the intricate details of the US Securities and Exchange Commission's (SEC) newly proposed climate disclosure rule, explaining its far-reaching implications on US and foreign private issuers.
Howden

Rowan Douglas takes reins as CEO of Howden’s climate risk and resilience unit

Howden has publicised the appointment of Rowan Douglas as the CEO of its Climate Risk and Resilience division.
euro

EU pushes for a digital euro amid evolving payment trends

The EC today introduced two proposals aimed at enhancing the use of both physical and digital forms of the euro across the euro area.

News Stories

A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.

$140m BlueVoyant deal steals headlines in this week’s FinTech funding rounds

A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.
transaction

The role of AML and transaction monitoring

In a world where opportunities for financial crime lurk in every corner, the need for strong AML and transaction monitoring practices are vital.
In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.

The four pillars shaping the future of risk management

In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.
financial

The future of financial compliance: Agile management through automation

The landscape of financial regulations is ever-changing, posing a significant challenge for compliance in the financial services industry.
The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR) introduced by Lloyds as part of the Lloyd’s Blueprint Two programme. This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

Why CDR matters for London market brokers

The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR) introduced by Lloyds as part of the Lloyd’s Blueprint Two programme. This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

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