Industry News

TikTok

EU digital policy head warns TikTok to comply with new rules

The EU’s digital policy chief Thierry Breton has warned TikTok that the app will have to abide by new rules set to take effect later this year.
KYC

Streamlining compliance with KYC Portal CLM: A single customer view solution for global entities

KYC Portal CLM has developed an approach that centres on the single customer view, streamlining the process of handling data.
NEXT Insurance unveils Copilot: Revolutionising the way agents serve micro businesses

NEXT Insurance unveils Copilot: Revolutionising the way agents serve micro businesses

NEXT Insurance, a pioneer in the FinTech sector, specializes in delivering comprehensive, digital-first insurance solutions tailored for small businesses. Founded in 2016 and headquartered in Palo Alto, NEXT Insurance has transformed the small business insurance landscape through innovative technology and customer-centric services.
LegalTech-focused-Wolters-Kluwer-acquires-Della-AI

LegalTech-focused Wolters Kluwer acquires Della AI

Wolters Kluwer Legal & Regulatory has acquired UK and France-based Della AI, a provider of AI technology that leverages natural language processing.
SilverSky secures funding to bolster its global Managed xDR strategy

SilverSky secures funding to bolster its global Managed xDR strategy

SilverSky, a pioneering cybersecurity firm offering managed extended detection and response (MxDR) services, recently announced the completion of a funding round with its current investment partners.
swiss-re-benekiva-team-up-for-digital-claims-management

Swiss Re and Benekiva team up for digital claims management

Swiss Re Reinsurance and Des Moines-based InsurTech Benekiva, have formed a strategic partnership to develop an end-to-end digital claims management solution.
ING

ING Americas makes additions in sustainable finance and TMT & healthcare sectors

ING Americas, a player in the financial sector, today announced significant leadership appointments within its sector organization.

How the 50 percent rule impacts international business compliance

The US, UK, and EU each implement a "50 percent rule" within their sanctions frameworks, crucial for monitoring international financial activities.
RegTech

Recordkeeping, regulations and consolidation: the RegTech trends that stood out in 2023

In 2023, new technologies entered the market that brought new challenges for financial services firms to remain compliant, RegTech was given the opportunity to provide the solutions necessary to fix this issue. Whilst the industry may be still relatively unknown beyond the shores of finance, its importance cannot be understated.  
How investment firms are evolving with AI and tech innovations for the next generation

How investment firms are evolving with AI and tech innovations for the next generation

A groundbreaking study, involving wealth management experts from ThoughtLab, Deloitte, and FNZ, and supported by Amazon Web Services (AWS) and Genesys, has unveiled that the landscape of the investment industry is set for a dramatic transformation by 2028.

News Stories

Dutch data watchdog DPA fines Clearview AI $33.7m

Dutch data protection authorities have imposed a fine of €30.5m ($33.7m) on Clearview AI, citing violations of the European Union's GDPR. According to Security Week,...
Ryan Specialty has signed a definitive agreement to acquire Ethos Specialty Insurance's Property and Casualty (P&C) Managing General Underwriters (MGUs) from Ascot Group.

Ryan Specialty to expand portfolio with acquisition of Ethos Specialty Insurance’s P&C MGUs

Ryan Specialty has signed a definitive agreement to acquire Ethos Specialty Insurance's Property and Casualty (P&C) Managing General Underwriters (MGUs) from Ascot Group.

Ziina bags $22m Series A to enhance digital financial solutions in the UAE

Ziina, the UAE’s premier financial platform, today announced a successful $22m Series A funding round.
SiriusPoint, a global specialty insurer, has announced a strategic partnership with Gigasure to offer travellers more flexible, customisable travel insurance policies.

SiriusPoint partners with Gigasure to deliver personalised travel insurance

SiriusPoint, a global specialty insurer, has announced a strategic partnership with Gigasure to offer travellers more flexible, customisable travel insurance policies.

Morgan Stanley backs 3forge with strategic investment

3forge, a leading developer of High Impact code solutions for business-critical applications, has successfully secured its first external investment.

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