Industry News

The Bank of England will conduct an assessment next year regarding the risks associated with AI and machine learning in FinTech.

In the realm of financial and environmental sustainability, conducting a double materiality assessment (DMA) is a crucial initial step for businesses.

Delta Capita, a global capital markets consulting firm, has partnered with Aveni to boost its Consumer Duty offering.

Deduce, the patented technology platform dedicated to curbing AI-generated identity fraud, has raised $9m in a recent funding round.

Sustainability has ascended to a paramount position on the corporate agenda, yet numerous boards struggle with converting it from a mere compliance task into a significant value driver. What obstacles hinder the integration of sustainability within the boardroom, and what strategies could facilitate a breakthrough?

In a revealing interview, Hans Sterte, a prominent economist and Senior Partner at House of Reach, recently spoke to WealthTech company Kidbrooke.

K2 Insurance Services, an insurance services holding company, has recently publicised its strategic equity investment in Titan Flood.

Insurity, a premier provider of cloud-based software for insurance carriers, brokers, and MGAs, is set to offer its Sure Claims Payments solution as a standalone product, powered by Dream Payments and connected to J.P. Morgan Payments.

In the ever-evolving landscape of global finance, the implementation of a unique product identifier (UPI) has become paramount for regulatory compliance and operational efficiency. The European Union's EMIR-REFIT initiative underscores the necessity of UPIs, a standard that transcends borders, encompassing major financial markets including the USA, the UK, Australia, the EU, and Singapore. This widespread adoption signifies a unified stride towards harmonisation in the financial sector.

Preqin, a global leader in alternative assets data, tools, and insights, announced today the launch of its ESG fund performance benchmarks.