Industry News

Munich-re-and-insurtech-PSG-set-out-to-transform-life-insurance-underwriting

Munich Re and InsurTech PSG set out to transform life insurance underwriting

Munich Re has partnered with InsurTech Paperless Solutions Group (PSG) to launch a risk assessment and e-application solutions to transform life insurance underwriting.
market

Navigating market abuse enforcements: current focus and future implications

eFlow Global recently outlined some of the biggest challenges around navigating market abuse enforcement and future implications.
How mid-sized banks are leveraging FinTech and open banking

How mid-sized banks are leveraging FinTech and open banking

Although financial participation continues to linger at around 10% among European banking clients, a stark contrast to the 89% of individuals acknowledging the importance of financial preparedness for their future, several emerging trends are inspiring optimism. These trends are pushing financial participation to new heights.
Citizens

Citizens Financial Group unveils eco-friendly Mastercard debit and ATM cards

Citizens Financial Group, an American bank headquartered in Rhode Island, has unveiled a new eco-friendly Mastercard debit and ATM card. 
Navigating the future of trade surveillance: AI's transformative role – Insights from Eventus expert

Navigating the future of trade surveillance: AI’s transformative role – Insights from Eventus expert

In the intricate world of finance, trade surveillance stands as a vital pillar, ensuring markets operate with integrity. In a new podcast, Martina Rejsjo, Head of Product Strategy at Eventus, explores the multifaceted challenges in this domain.
AI

Could AI’s unchecked growth spur financial disaster?

The SEC head has cautioned a financial upheaval by AI is “almost inescapable” within the upcoming decade if the tech isn't managed.
Australian-life-insurer-TAL-sells-financial-advice-license

Australian life insurer sells financial advice license

TAL, a leading Australian life insurer, has entered an agreement to sell its financial advice licensee, Affinia Financial Advisers Limited (Affinia), to CountPlus Limited (CountPlus).
Dropzone

Dropzone AI secures $16.85m in Series A to boost cybersecurity operations

Dropzone AI, a pioneering cybersecurity company, has successfully secured $16.85m in Series A funding round.
world-trade-board-opens-talks-on-how-to-help-msmes

World Trade Board opens talks on how to help MSMEs

The World Trade Board has launched a consultation around a new framework that would increase access to trade for micro, small and medium-sized businesses (MSMEs).
slavery

How regulations are fuelling the battle against modern slavery

In recent years, the international community has intensified its efforts against the scourge of modern slavery.

News Stories

Basel IV unpacked: How different jurisdictions are setting their timelines

Different jurisdictions around the world are gearing up to implement Basel IV, each adopting a unique approach that considers local market conditions and regulatory frameworks.

The rising need for automated compliance technology in finance

In the financial services sector, tracking employee compliance such as licensing, registrations, and continuing education is a complex task.
New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers since the Consumer Duty Act was implemented in July 2023.

UK insurance firms struggle to meet Consumer Duty Act expectations

New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers...
MAPFRE has reported a substantial 46% increase in its net result for the first half of 2024, reaching €462m.

MAPFRE sees monumental 46% surge in profits for H1 2024

MAPFRE has reported a substantial 46% increase in its net result for the first half of 2024, reaching €462m.
NatWest has announced its acquisition of Metro Bank's £2.4bn mortgage portfolio, adding approximately 10,000 customer accounts to its books.

NatWest lands Metro Bank’s £2.4bn mortgage portfolio

NatWest has announced its acquisition of Metro Bank's £2.4bn mortgage portfolio, adding approximately 10,000 customer accounts to its books.

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