Industry News

Regnology

Regnology’s Rcloud platform secures top-tier SOC 2 certification

In a stride towards fortifying client trust and operational security, Regnology has achieved the SOC 2 certification for its Rcloud platform.
The transformation of pricing and underwriting in insurance

The transformation of pricing and underwriting in insurance

Successful pricing and underwriting transformation mandates not just a vivid vision but the sustained momentum to actualise it. This transformation isn't a one-size-fits-all approach; it varies for each business. Yet, the goal remains consistent: refining the process of assessing and insuring risk.
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.
Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions

Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions

One of America's largest mortgage servicers has been facing a significant challenge. The company, which was established in the early 1990s and operates across all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, offers a variety of mortgage solutions, including conventional loans, refinancing, and first-time homebuyer programs such as FHA loans.
US gears up for open banking revolution but why should wealth managers care?

US gears up for open banking revolution but why should wealth managers care?

With the Consumer Financial Protection Bureau’s (CFPB) proposed changes to personal financial data rights, open banking could soon make its way to the US As firms in the country get excited about the development, should wealth managers be taking note?  
Midwest-family-mutual-selects-insurtech-betterview-to-better-analyse-risk

Midwest Family Mutual selects Betterview to better analyse risk

Midwest Family Mutual Insurance Company, a provider of coverage across 24 states in the US for over 100 years, has selected InsurTech Betterview to better analyse risk.
aca-group-creates-inclusive-campaign-for-pride-month

ACA Group creates inclusive campaign for Pride Month

In honour of Pride Month, ACA Group proudly aligns itself with the worldwide recognition of the LGBTQIA+ community, marking June as a month to celebrate their invaluable contributions. The company reaffirms its commitment to nurturing a working environment that thrives on diversity and fosters inclusivity.
Palo Alto

Palo Alto Networks unveils autonomous security platform

Palo Alto Networks has launched Cortex XSIAM, an AI-driven platform that it claims can revolutionise the way data, analytics and automation are deployed by security firms.

Insurity and GeoX: Revolutionising risk assessment with AI and geospatial data

Insurity, a front-running supplier of cloud-based software and analytics designed for insurance carriers, brokers, and MGAs, has announced its alliance with GeoX, a global leader in property intelligence.
Understanding and combating the rising menace of chargeback fraud

Understanding and combating the rising menace of chargeback fraud

Chargeback fraud, an ever-present issue affecting businesses of all kinds and sizes, results in losses totalling to billions annually. The surge in eCommerce has coincided with an increase in such fraudulent activities, and this alarming trend is expected to continue.

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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