Industry News

Amidst the rapid boom of Artificial Intelligence (AI), its increasing integration into societal structures and business models prompts crucial conversations on technology risks. MAPFRE, a multinational insurance company, has embarked on comprehensive research to understand these risks and to identify measures that could assess, monitor, and mitigate these risks, thereby enabling the deployment of Responsible AI (RAI).

Guy Carpenter, a global leader in risk and reinsurance solutions and a Marsh McLennan business, has announced the completion of its acquisition of Re Solutions, the foremost independent reinsurance broker in Israel. Details of the transaction were not disclosed.

In the data-driven epoch, secure, adaptable, and scalable fraud prevention systems hold immense significance, especially for financial institutions handling sensitive data and massive amounts of money. The scalability of these systems, often overlooked, is crucial not only to handle the present volume of transactions but also to accommodate growth over the upcoming years.

The importance of an effective implementation of the European Sustainability Reporting Standards (ESRS) cannot be overstated for organisations. This is key in demonstrating their...

While the RegTech sector is fairly young compared to some of its counterparts, the industry is brimming with energy and innovation.

Germania Insurance, a leading property and casualty (P&C) insurer based in Texas, and Guidewire, a prominent software provider for the insurance industry, have announced Germania's successful migration of their Guidewire InsuranceSuite self-managed environment to Guidewire Cloud.

Husmus, a trailblazing start-up committed to addressing financial exclusion in the housing sector, has announced the receipt of funding from tech giant Google and British governmental agency Innovate UK.

Cytora, a digital risk processing platform, and hyperexponential, an innovative pricing decision intelligence firm, have inked a partnership.

The latest episode of Fenergo FinTalks podcast, an series keeps its audience updated with the latest developments in the RegTech, compliance, and anti-money laundering (AML) sectors, focused on Environmental, Social, and Governance (ESG) investing.

Tandem Bank, a UK-based digital institution renowned for its sustainability focus, has recently secured £20m from Quilam Capital.