Global insurer Marsh to acquire Focus Insurance
Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Focus Insurance, a personal insurance brokerage firm based in Texas.
Why AI is helping to empower the next generation of accounting professionals
A recent survey by cloud-based accounting software bluQube revealed significant insights into the impact of AI on finance and accounting.
What is the Travel Rule for crypto?
Cryptocurrency is becoming increasingly popular, but so is its use for money laundering. The Financial Action Task Force (FATF) recently revealed the Travel Rule for crypto, but what does this mean?
Streamlining group benefits communication: Key innovations & strategies
In the rapidly evolving world of group benefits, companies are doubling down on strategies that enhance their interactions and boost operational efficiency. Especially during the peak seasons, these firms are navigating a maze of challenges, with effective communication emerging as a paramount concern.
ING and CommBank embrace RegTech for rapid regulatory mapping
Renowned RegTech firm Ascent recently outlined a successful customer success story for ING and Commerzbank.
5 questions to ask during compliance budget building
As companies start preparing for 2023, budgets are often a major talking point. Red Oak Compliance has outlined the five questions companies need to be asking when building the compliance budget.
Deutsche Bank faces $186m penalty over AML failures
Deutsche Bank has been hit with a fine of $186m by the Federal Reserve Board due to deficient AML practices and other violations.
InsurTech firm Sigo Seguros secures $5.1m in a pre-Series A funding round
Sigo Seguros, a rapidly expanding InsurTech company renowned for its Spanish-first approach, delivers auto insurance services predominantly for immigrant and working-class communities.
HKMA introduces groundbreaking taxonomy for sustainable finance
The HKMA has unveiled the Hong Kong Taxonomy for Sustainable Finance, which is aimed at defining environmentally sustainable economic activities.
UAE unveils open finance regulation to boost digital financial services
The Central Bank of the UAE has launched a regulatory framework as part of its Financial Infrastructure Transformation programme.