38% of firms lack knowledge on FCA’s new Consumer Duty
Over a third (38%) of firms have limited knowledge of the FCA’s new Consumer Duty, with many turning to technology and data to solve their woes.
72% of people prefer face verification for online transactions
Seven-in-ten (72%) of consumers prefer to use face verification to secure online transactions, according to a report from iProov.
Financial services fear fraud rise with cost-of-living crisis
Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.
CLOWD9 launches world’s first payments processing platform
UK-based CLOWD9 has launched the world’s first cloud-native, cloud certified, decentralised, payments processing platform.
Contract intelligence company Icertis launches new tool
Contract intelligence company Icertis has launched a new tool that supports business processes for banking and financial services organisations.
ClarionDoor teams up with One80
ClarionDoor, a Zywave company and provider of insurance distribution solutions, has partnered with Boston-based One80 Intermediaries.
State Farm backs ADT
Home and business security company ADT has closed a $1.2bn equity investment from State Farm Insurance, a US-based group of mutual insurance companies.
SelectQuote, Symetra Life and Munich Re in life insurance alliance
SelectQuote has partnered with Symetra Life Insurance Company and Munich Re Life US to bring SwiftTerm Select point-of-sale life insurance product to the SelectQuote platform.
TheGuarantors launches product to support independent landlords
TheGuarantors, a FinTech company building smart financial and insurance solutions for renters and landlords, has launched a product platform designed to help protect small- and medium-sized rental property owners.
Why financial simulation is key for engagement
The cost-of-living crisis has encouraged more people to engage with their finances. However, it is hard to know what to do when starting out. Kidbrooke has urged wealth managers to use financial simulation to inspire clients.