Hong Kong to fortify financial stability with new stablecoin regulations
Hong Kong is poised to introduce a new regulatory regime for fiat-referenced stablecoin (FRS) issuers following positive feedback from a public consultation.
C6 Bank launches Brazil’s first automatic carbon calculator
C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.
FRC’s revised stewardship code eases reporting demands
The Financial Reporting Council (FRC) has implemented significant changes to the UK Stewardship Code, aimed at simplifying the reporting process for signatories. According to...
CBA takes a stand against cryptocurrency scams
As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.
How EU’s financial services are preparing for DORA’s 2025 implementation
The Digital Operational Resilience Act (DORA) is set to redefine operational standards for financial entities across the EU.
Skyline Partners collaborates with Spire Global to leverage satellite data for InsurTech
Skyline Partners, a prominent UK-based InsurTech managing general agent (MGA) specialising in parametric insurance and risk transfer, is entering into a partnership with Spire Global, experts in satellite and space data.
How entity verification shapes AI deployment in risk management
Moody's has unveiled findings in their recent study, indicating that Entity Verification is crucial for improving AI accuracy in risk and compliance sectors.
Majority bags $9.75m for migrant banking expansion at US-Mexico border
Majority, the American mobile banking service for migrants, has made strides in expanding its operations along the US-Mexico border.
SEC launches defence of new climate disclosure rules amidst legal challenges
The SEC has actively defended its newly established climate reporting rules, which have sparked a flurry of legal challenges.
Greater Than’s AI amplifies eDriving’s ESG commitment with EcoDrive feature launch
Greater Than, a provider of driver crash probability has announced a collaborative venture with its partner eDriving.