Industry News

guidewire-selected-by-texas-mutual-cloud-tech

Texas Mutual and Guidewire: Transforming the insurance industry with cloud technology

Texas Mutual Insurance Company, the premier provider of workers' compensation insurance in Texas, and Guidewire, a renowned software provider, have proudly announced their successful deployment of Guidewire InsuranceSuite on Guidewire Cloud.
Legacy

Legacy tech set to cost banks $57.1bn by 2028

A study from IDC Financial Insights forecasts global banks are on track to spend $57.1bn on legacy payments technology in 2028.
IPSASB

IPSASB unveils first climate-related public sector reporting standard

The International Public Sector Accounting Standards Board (IPSASB) has developed a new climate-related disclosure standard.

The indispensable role of threat and risk analysis

Facing the interconnected and complex financial ecosystems of today, financial institutions are grappling with regulatory compliance and financial crime prevention.
X1

Robinhood expands into credit sector with $95m acquisition of X1

Robinhood, a stock trading app, has struck a deal to acquire X1, an innovative credit card startup, for a significant $95m cash settlement.

Ushur’s Revolutionary Columnar Data Transformation Engine

As insurers look to prioritise efficiency and automation, Ushur's Data Transformation Engine   is helping insurers automate data problems and deliver remarkable improvements in business metrics.

Wisedocs disrupts the insurance sector with innovative AI Medical Summary Platform

Wisedocs, the trailblazing artificial intelligence software provider in the insurance industry, has recently announced its latest innovation, the AI Medical Summary Platform. Building on its existing suite of medical record review software, this ground-breaking platform presents a simplified and accelerated solution for medical record reviews catering to the diverse stakeholders in the insurance ecosystem.
RegTech

What impact is the FCA Digital Sandbox bringing for RegTech startups?

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

Mastercard joins forces with Dubai’s DET for innovative Digital City Partnership

The Department of Economy and Tourism (DET) of Dubai and Mastercard, a front-runner in payment innovation globally, have inked an innovative Memorandum of Understanding. The pivotal Digital City Partnership will further bolster Dubai's economic expansion in line with the ambitious Dubai Economic Agenda, D33.
banking

Are customers craving a more human touch in digital banking?

A recent study by Foolproof has emphasised customers' desire for a more human interaction in their banking experiences.

News Stories

Axle Automation secures $2.5m in seed funding to revolutionize AML compliance

Axle Automation secures $2.5m in seed funding to revolutionize AML compliance

Axle Automation, Inc., a trailblazing provider of AI-powered solutions for compliance teams, has successfully closed a significant seed funding round.
RegTech

Looking ahead: The trends that will dominate RegTech in H2

As 2024 prepares to leave its summer months and hit into full-gear for the final push of the year, what are the trends that...
In today’s fast-paced digital era, where technology is constantly evolving, companies face the challenge of effectively engaging with their customers. Traditional methods of customer engagement, such as in-person interactions or phone calls, are no longer sufficient in meeting the expectations of modern consumers. Instead, companies must leverage digital platforms to connect with their audience in meaningful ways.

How digital innovation is transforming customer interaction in insurance and banking

In today’s fast-paced digital era, where technology is constantly evolving, companies face the challenge of effectively engaging with their customers. Traditional methods of customer...

FCA unveils capital market reforms to strengthen UK financial sector

The FCA has recently unveiled a comprehensive strategy aimed at enhancing the structure and efficiency of the UK's capital markets. This strategic update includes...

Major EU directive activated to drive corporate sustainability efforts

The EU's Corporate Sustainability Due Diligence Directive (CSDDD) has officially taken effect, marking a stride in sustainable business practices.

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