Industry News

ECB

ECB unveils crucial climate risk strategies for EU financial system

The ECB and the European Systemic Risk Board (ESRB) have released a report on the impact of climate on the EU's financial system.
female-leaders-call-for-regulation-to-combat-gender-pay-gap-and-boost-female-progression

Female leaders call for regulation to combat gender pay gap

UK FinTech female leaders have called for regulation to help narrow the gender pay gap and encourage stronger female progression in the sector.
sustainability

What is sustainability reporting and why is it important

In a time where sustainability has become key to the majority of financial companies’ operations, understanding sustainability reporting has become key. In a recent...
Atom

UK’s premier app-based bank Atom clinches £100m injection

Atom bank, the UK’s pioneering app-based bank, has successfully garnered upwards of £100m in fresh equity capital.
inszone-insurance-grows-footprint-with-the-contractors-acquisition

Inszone Insurance grows footprint with The Contractors Insurance Group acquisition

Inszone Insurance Services, a provider of benefits, personal and commercial lines insurance, has acquired The Contractors Insurance Group, an insurance agency focused on contractors.
FCA

FCA commits to quicker enforcement to boost deterrence and transparency

The Financial Conduct Authority (FCA) has recently announced a commitment to expedite its enforcement procedures.
Why-python-is-the-best-progamming-language-for-forward-thinking-insurers

Why Python is the best programming language for forward-thinking insurers

Python is the right programming language for forward-thinking insurers, according to hyperexponential (hx), a SaaS pricing platform for insurers.
CFPB

The CFPB aims to eliminate new junk fees in banking

The CFPB has proposed a new rule aimed at curbing the imposition of NSF fees on real-time declined transactions.
AI

Harnessing the promise of AI for real-time compliance management

Time-tested, established methods form the backbone of effective compliance programmes, according to AI RegTech Saifr.

Singlife and Microsoft’s joint effort to boost ASEAN InsurTech startups with Generative AI

Singapore-based Singlife and multinational technology giant Microsoft have inked a Memorandum of Understanding (MoU) to nurture high-potential InsurTech startups.

News Stories

AI

How AI is driving transformation in the financial services space

Since the onset of AI adoption, the financial services market has been rapidly adjusting to new opportunities and challenges posed by the technology. As...
Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

Singapore’s new scam protection bill to restrict high-risk bank transactions

Singapore's Ministry of Home Affairs (MHA) is set to introduce a groundbreaking Protection from Scams Bill aimed at combating the rising tide of online fraud.

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