Industry News

Consumer Duty

Financial advisers shift towards custom MPS following Consumer Duty requirements

The 2024 Financial Adviser survey by FE fundinfo has provided key insights into the evolving practices of financial advisers in response to the FCA’s Consumer Duty, implemented last year.
Firemark-ventures-backs-RavinAI-for-vehicle-inspection-technology

Firemark Ventures backs Ravin AI for vehicle inspection technology

Ravin AI, a provider of deep learning vehicle inspection technology, has secured an investment from Firemark Ventures, to provide its technology to retail customers and commercial fleets.
Sonnet to phase out auto insurance in Alberta, continues other services

Sonnet to phase out auto insurance in Alberta, continues other services

Sonnet Insurance Company has declared its intention to exit the auto insurance sector in Alberta after a detailed analysis of its operations within the...
Revolutionising AML strategies with NAICS codes

Revolutionising AML strategies with NAICS codes

Evaluating the business line of potential clients is a key part of Know Your Customer (KYC) procedures in commercial relationships. However, analysts often spend substantial time utilising search engines and other manual processes to establish a client's Line of Business. This allows them to assess the risk involved in onboarding records or transactions.
Australia

Australia’s sustainable finance roadmap aims to mobilize private capital for net zero

The Australian government has outlined a key update to its sustainable finance structure with the release of its latest Sustainable Finance Roadmap.
travel-peace-of-mind-cover-genius-volaris-partnership

Travel peace of mind: Volaris and Cover Genius launch strategic partnership

Volaris, an ultra-low-cost Mexican airline that operates within Mexico, the United States, and Central and South America, has forged a strategic partnership with Cover Genius, the renowned InsurTech specialising in embedded protection.
eflow

eflow Global spearheads compliance with free EMIR Refit readiness audit

RegTech firm eflow Global has introduced a free audit service aimed at enhancing compliance in derivatives transaction reporting.
amazon-home-insurance-marketplace

Amazon teams up with UK insurers to revolutionise home insurance shopping

Amazon, the international e-commerce giant, has forged a partnership with prominent UK insurance providers, Ageas, Co-op, LV, and Policy Expert to to streamline the home insurance purchase process.
AML

New FinCEN rules target investment advisers for enhanced AML compliance

The FinCEN has recently proposed new regulations that would expand AML and CIP requirements.
How Clausematch is setting a new standard in RegTech: A closer look at the knowledge graph revolution

How Clausematch is setting a new standard in RegTech: A closer look at the...

When we delve into the profiles of notable leaders from bigwigs such as Facebook, Google, Microsoft, or OpenAI, we're often awestruck by their relentless pursuit of innovative products that have transformed lives. Their stories of dedication, resilience, and vision are incredibly motivating, but they often leave us pondering on what concrete, practical insights we can extract from these leaders.

News Stories

Akur8 and Heritage Insurance forge alliance to revolutionize insurance pricing

Akur8 and Heritage Insurance forge alliance to revolutionize insurance pricing

Heritage Insurance, a leading property and casualty insurance holding company based in Tampa, Florida, has teamed up with Akur8, known for its next-generation insurance pricing solutions powered by transparent machine learning.
PropEco raises £275k to revolutionize property risk management with climate focus

PropEco raises £275k to revolutionize property risk management with climate focus

PropEco, a Glasgow-based tech company, recently secured a seed investment of £275,000. The company is known for its advanced technology platform that evaluates the long-term value and viability of properties with an innovative approach.
Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo, a leader in the InsurTech industry, and Fayr, an innovative mobile application aiding divorced parents, have formed a strategic partnership.
XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark have announced a strategic partnership aimed at democratising and scaling the carbon credit market.
compliance

Wordwatch report unveils legacy risks in compliance management

Research from Wordwatch has exposed significant vulnerabilities in the compliance archiving systems of regulated organisations in the UK.

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