Industry News

As pressures on the insurance and InsurTech sector mount, companies are teaming up to bolster their services and improve their capabilities.

The UK government is considering backtracking on plans to impose stricter regulations on the burgeoning BNPL industry.

Payments company Paddle has made 8% of its workforce redundant, which it blames on the current inflationary market and needing to hunker down for survival.

Artificial Intelligence (AI) has been the focal point in discussions around innovation for many years, to the point where it is easy to be complacent when listening to how it will transform a sector. However, firms cannot afford to skip out on the latest advancements within AI as its rapid innovation is transforming the way we operate.

Decentralised perpetuals exchange KTX.Finance, has made a statement with a recent $4m round of seed funding.

Amlyze, a firm known for its anti-financial crime tools, has recently been chosen by Kreda, a major united central credit union in Lithuania.

In today's fast-paced business landscape, staying compliant with ever-evolving regulations is paramount. Companies across industries face the challenge of navigating complex compliance processes while striving for efficiency and accuracy.

A study by Allica Bank has found plans by the UK PRA to change bank capital rules could put £44bn of SME lending at risk.

RegTech firm Sigma Ratings recently provided a guide for companies to stay ahead of changing sanctions in the Canadian market.

Alessa, a leading provider of Anti-Money Laundering and Fraud solutions, has appointed Jeff Woods as senior vice president of sales.