Industry News

document

Ensuring efficiency and security in legal document management

For legal enterprises, transitioning from traditional paper-based document management to digital workflows is key to remain competitive.
cyber

Cyber risks soar: 80% of US insurers expect increased threats this year

In a recent survey by KYND and Intelligent Insurer, key insights into the US cyber insurance market have been unveiled.

Auradine secures $80m in Series B to enhance blockchain and AI infrastructure

Auradine, a pioneering force in web infrastructure solutions, has successfully closed its Series B funding round, amassing over $80m.

How enhanced recordkeeping solutions can secure buy-side compliance with SEC regulations

Over the past few years, the actions of the SEC have made it increasingly evident that the financial services sector, particularly the buy-side industry, is facing heightened scrutiny over its recordkeeping practices.

CMA highlights risks in AI foundation models market, vows robust regulatory measures

The Competition and Markets Authority (CMA) recently updated its stance on AI Foundation Models (FMs), signalling heightened regulatory scrutiny over market dynamics that could hinder competition.

Wiz acquires Gem Security to advance cloud threat detection capabilities

Wiz, a cloud security vendor, and Gem Security, an innovative Israeli startup in cloud detection, have entered into an acquisition agreement.

Maximise your CDP score in 2024: Strategies for improved environmental reporting

As the first quarter of 2024 draws to a close, many professionals are anticipating a break from the demanding reporting season.
PURE Specialty Exchange widens High Value Homeowners coverage across Western States

PURE Specialty Exchange widens High Value Homeowners coverage across Western States

PURE Specialty Exchange (PSE), the specialty surplus lines insurance carrier committed to serving PURE members and high net worth families, has announced the expansion of its High Value Homeowners insurance to include six additional states: Arizona, Colorado, Hawaii, Montana, Utah, and Wyoming.
Stride and Utah set new precedents in benefits for independent workers

Stride and Utah set new precedents in benefits for independent workers

Stride, a leader in portable benefits technology, unveiled its Stride Contributions program in Utah, marking a significant innovation following the state's new Portable Benefit Plan legislation (SB-233).
Are financial institutions struggling to keep up with modern sanction and PEPs lists? - Part 1

Are financial institutions struggling to keep up with modern sanction and PEPs lists? –...

The war in Ukraine has underscored how quickly sanction and PEPs lists can change. Since 2022, the US, UK, EU, Australia, Japan and Canada have imposed over 16,500 sanctions on Russia, according to the BBC. The current turbulent geopolitical scene means financial services firms need to be ready for regular, and often sudden, changes to PEPs and sanction lists. FinTech Global recently spoke to several industry players to ask whether financial institutions are keeping up with the modern sanction/PEPs landscape.

News Stories

Simplifai, a firm specialising in AI-powered solutions, has been recognised for demonstrating the most strategic impact in the insurance industry. 

Simplifai recognised for strategic impact in the insurance industry

Simplifai, a firm specialising in AI-powered solutions, has been recognised for demonstrating the most strategic impact in the insurance industry. 
LinkedIn

How to harness LinkedIn’s full potential for financial services

LinkedIn has become an essential tool for professionals, especially within the financial services industry. According to Theta Lake, with its impressive networking capabilities, LinkedIn...
Ivans, a leading provider of software solutions for the insurance industry, has announced the expansion of commercial lines supported on its Ivans Distribution Platform.

Ivans introduces comprehensive commercial policy support on Ivans Distribution Platform

Ivans, a leading provider of software solutions for the insurance industry, has announced the expansion of commercial lines supported on its Ivans Distribution Platform.
entity

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.
scam

June’s spike in impersonation scams costs Singaporeans $10.6m

In June, Singapore witnessed a significant rise in impersonation scams, with fraudsters swindling $10.6m from 63 victims. According to Finextra Research, these sophisticated scams...

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