Industry News

Tractable-teams-up-to-speed-up-disaster-recovery-Fiji-parametric-insurance

InsurTech Tractable to speed up disaster recovery in Fiji using AI

InsurTech Tractable, has partnered with The UN Capital Development Fund (UNCDF), to bring the speed and accuracy of artificial intelligence (AI) to disaster recovery in Fiji.
Gensler

Gensler highlights climate reporting challenges for US firms under EU directives

Gary Gensler, the US SEC chair, has issued a warning about the implications for thousands of US firms in the absence of domestic climate reporting rules.

Searches for ‘savings account’ explode by 301%

Google searches for ‘savings account’ have exploded by 301% above the average in October 2022 – reaching the highest level in five years.
AMLA

EU’s battle against money laundering strengthens with AMLA agreement

The European Parliament and Council have reached an agreement on the establishment of an Anti-Money Laundering Authority (AMLA).
MEMIC-chooses-Gradient-AI-bolster-underwriting-workers-compensation-underwriting

MEMIC selects Gradient AI for workers’ compensation underwriting

Insurer MEMIC has selected Gradient AI, a provider of  artificial intelligence (AI) solutions  in the insurance industry, to bolster its underwriting for workers’ compensation policies.
AI

The role of regulation for AI as it changes risk and compliance

Moody's Analytics recently dug deeper into the role AI regulation will play as the technology changes risk and compliance. 
Amazon-rolls-out-online-insurance-store

Amazon rolls out online insurance store to streamline home insurance

US e-commerce giant Amazon is rolling out its online insurance store for UK customer shopping for home property coverage.
fraud

Understanding the instant payment fraud challenge for banks

The financial landscape is witnessing a seismic shift with the advent of instant payments, known as real-time payments (RTP). In a recent post by Hawk...
Saudi-Arabia-based-Tweeq-gets-e-money-licence

Saudi Arabia-based Tweeq gets e-money licence

Saudi Arabia-based Tweeq, which aims to help consumers manage their money, has received an e-money licence from the Saudi Central Bank (SAMA).
FinTech

Quiet first week of 2024 with 11 deals recorded

As we enter the new year of 2024, there are new possibilities and opportunities in the FinTech space for firms to attract new funding.

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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