Industry News

Black Friday BNPL risk: 16m Brits unaware of debt dangers

Black Friday BNPL risk: 16m Brits unaware of debt dangers

Ahead of the bustling Black Friday sales, a concerning revelation has emerged from Creditspring's recent study. An astonishing 16 million people in the UK are still oblivious to the fact that using 'Buy Now Pay Later' (BNPL) services can lead to significant debt.
Contract-intelligence-company-Icertis-launches-new-tool

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.
AXA

AXA UK and Synectics Solutions team up to combat insurance fraud

AXA UK, a leading insurance provider, is joining forces with Synectics Solutions, an expert in fraud prevention.
Munich-Re-to-increase-cyber-cover-prices

Munich Re to increase cyber cover prices

Munich Re Group, a provider of reinsurance, primary insurance and insurance-related risk solutions, is reportedly to increase its cyber cover prices in Germany and Europe.
LEI

Navigating the financial world with LEI: A new era of transparency and efficiency

Legal Entity Identifier (LEI) Worldwide recently took the opportunity to discuss its LEI and Global LEI System (GLEIS) in greater detail.
Crypto trading platform X1 selects Resistant AI to aid AML checks

Crypto trading platform X1 selects Resistant AI to aid AML checks

Cryptocurrency trading platform X1 has chosen financial crime prevention specialist Resistant AI to improve its AML checks across its platform.
Flagright

Flagright and Capi Money join forces to bolster African business payments

Flagright has announced a partnership with Capi Money, which focuses on facilitating international payments for firms across Africa.
Zurich-launches-eXchange-insurance-collaboration

Zurich launches eXchange to foster insurance collaboration

Zurich Insurance Group (Zurich) has launched Zurich eXchange, a next-generation global API marketplace to enable more efficient collaboration.
Boosting Financial Inclusivity: everyoneINVESTED's survey reveals key insights for UK banking clients

Boosting Financial Inclusivity: everyoneINVESTED’s survey reveals key insights for UK banking clients

Much like consumers in Italy and France, investors in the UK have similar risk profile patterns, and everyoneINVESTED believes its risk profiling solution could become the market standard.
Small firms could be next for off-channel communication fines

Small firms could be next for off-channel communication fines

RegTech company SteelEye has warned that small companies will soon be in the firing line for fines for failing to comply with off-channel communication.

News Stories

APP

How the PSR’s new fraud cap could change the game for APP scam victims

The PSR has announced a significant update in the fight against APP scams, revealing a forthcoming adjustment to the reimbursement cap for victims.
compliance

Leveraging compliance for competitive advantage in finance

In today's rapidly evolving financial environment, mere regulatory adherence is insufficient for firms aiming to lead the market.
NGFS

NGFS launches Version 2.0 of data directory to tackle climate finance risk

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.
Bank of London

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.
MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

MSIG partners with Serenity to reshape health insurance landscape in Asia

MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

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