Industry News

chubb-new-appointment-international-P&C-division

New leadership at Chubb: Mark Homan to head international P&C Division

Chubb, a publicly traded property and casualty insurance company with operations in 54 countries and territories, has appointed Mark Homan as division president, international property and casualty, for overseas general insurance.
The European Central Bank is exploring the use of ChatGPT-like large-language models for document analysis and software testing.

ECB experiments with ChatGPT-style AI

The European Central Bank is exploring the use of ChatGPT-like large-language models for document analysis and software testing.
Cisco

Cisco enhances AI and security capabilities with Splunk $28bn purchase

Cisco has completed its acquisition of Splunk, a key player in data analysis, security and observability tools.
CSI

CSI taps Hawk AI to boost fraud and AML product offering

CSI, a provider of end-to-end FinTech and RegTech solutions, has partnered with Hawk AI to deliver its latest WatchDOG products.
Dutch

Dutch crackdown on cross-border ATM bombing spree in Germany

Dutch authorities have begun an operation against an organised crime network responsible for numerous ATM explosions in Germany.
Marco

Trade finance innovator Marco Financial raises $12m

Marco Financial has recently completed a significant milestone in its journey to support SME exporters in Latin America.
AUSTRAC

AUSTRAC unveils guide to tackle money mule activity among international students

AUSTRAC, collaborating with the AFP and the Australian Border Force (ABF), has introduced a new financial crime guide.
Monzo introduces groundbreaking security features to combat UK fraud rise

Monzo introduces groundbreaking security features to combat UK fraud rise

Monzo, the leading digital bank in the UK, recently introduced three innovative security controls—Known Locations, Trusted Contacts, and Secret QR Codes—aimed at bolstering fraud...
Diligent

Diligent introduces board reporting dashboard for ESG posture

Diligent has launched Board Reporting for ESG, a ‘first-of-its-kind’ dashboard to provide a full view of an organisation’s ESG posture.
chubb-sets-up-aviation-division-singapore

Expanding horizons: Chubb sets up aviation hub in Singapore

Chubb, the world's largest publicly traded property and casualty insurance company, has launched an aviation hub in Singapore.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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