Industry News

Credit woes and debt dilemmas: Analyzing the CFPB’s latest consumer feedback

The Consumer Financial Protection Bureau (CFPB) recently disclosed its annual report, providing a comprehensive analysis of over 1.3m complaints lodged by consumers in 2023....

Unlocking the secrets of the double materiality assessment for CSRD compliance

The DMA is a cornerstone of the CSRD framework, pivotal in determining the sustainability-related information that organisations are compelled to disclose.

Australia court finds Vanguard guilty in greenwashing suit

A federal court in Australia has found Vanguard Investments Australia guilty of greenwashing in relation to its ESG fund,
Boosting bank security: How HCL BigFix aligns with RBI's latest compliance demands

Boosting bank security: How HCL BigFix aligns with RBI’s latest compliance demands

The Reserve Bank of India (RBI) serves as the primary financial regulator in India, steering monetary policies and overseeing the nation's banking framework. In a move to enhance cybersecurity in the financial sector, the RBI has unveiled its Cyber Security Framework, which sets a comprehensive suite of controls and guidelines to mitigate growing security risks effectively.
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
How OMNIA Token Revolutionises Trust and Staking in DeFi

How OMNIA Token Revolutionises Trust and Staking in DeFi

The $OMNIA token is emerging as a formidable contender in the cryptocurrency arena, heralding a new chapter of innovation and value. With the digital currency landscape more competitive than ever, the introduction of OMNIA token stands out with its unique value proposition. For those keen on the evolving facets of cryptocurrency, whether as investors or enthusiasts, grasping the significance of $OMNIA is indispensable.
ValidMind

ValidMind raises $8.1m in seed funding to enhance AI transparency in FinTech

ValidMind, a trailblazer in next-generation AI and model risk management for the FinTech sector, has secured $8.1m in seed funding.

NewRetirement clinches $20m in Series A to transform financial planning

NewRetirement, a financial planning platform for consumers and enterprise partners, has successfully closed its Series A funding round.

News Stories

In an era where efficient processing and standardization are more crucial than ever, TAINA took a significant step forward by hosting the Global Industry Forums on Withholding Statements in 2019 and 2020.

Standardising withholding statements: TAINA’s role in transforming financial practices

In an era where efficient processing and standardization are more crucial than ever, TAINA took a significant step forward by hosting the Global Industry Forums on Withholding Statements in 2019 and 2020.

ISS ESG unveils tool for bank emission estimates amid new EU regulations

ISS ESG, a leader in sustainable investment solution, has launched a pioneering new product, the Industry Average Emission Intensity Data Set. According to ESG...

Mexican FinTech Aviva clinches $5.5m to boost services for micro businesses

Aviva, a pioneering FinTech company from Mexico, has successfully secured a substantial $5.5m in seed funding. According to Finextra Research, the investment saw participation from...
Indian InsurTech firm Covrzy has received a direct broking (general) license from the Insurance Regulatory and Development Authority of India (IRDAI).

Indian InsurTech Covrzy set to transform business insurance following broking license approval

Indian InsurTech firm Covrzy has received a direct broking (general) license from the Insurance Regulatory and Development Authority of India (IRDAI).  As reported by CIO...

EU sets global AI standards with new regulatory framework

The EU has initiated the world's first comprehensive legislation aimed at artificial intelligence, known as the European AI Act.  The regulation, designed to create a...

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