Sector Updates

Why EXANTE rejected AI to migrate its critical tests

Breaking a monolith into microservices is often treated as a simple engineering exercise. For broker EXANTE, a single migration became a full audit of...
Aon combines healthcare reinsurance and risk advisory

Aon combines healthcare reinsurance and risk advisory

Global professional services firm Aon has established a dedicated North America healthcare vertical within its Risk Capital division, bringing together its healthcare reinsurance and...
Tick-box thinking is undermining financial crime defences

Tick-box thinking is undermining financial crime defences

For many organisations, the financial crime risk assessment is still a box to be ticked. It is completed, filed and forgotten until the next...
Fragmented tax systems face a compliance reckoning

Fragmented tax systems face a compliance reckoning

Financial institutions are rethinking how they manage tax documentation and compliance as increasingly complex reporting requirements expose the weaknesses of fragmented technology stacks. For...
FINRA's AI rules expose gaps in compliance oversight

FINRA’s AI rules expose gaps in compliance oversight

Financial firms are facing a growing challenge as artificial intelligence accelerates content production, while existing regulatory requirements continue to demand human oversight and thorough...
UK financial firms face £1bn cyber bill as AI threats grow

UK financial firms face £1bn cyber bill as AI threats grow

ESET has published research suggesting that cyber incidents could be costing the UK financial services sector as much as £1.01bn a year, with surveyed...

Bir bets on branches to close Azerbaijan’s cashless gap

Birbank, a member of the Bir ecosystem, which describes itself as the Caucasus’ first fully integrated banking, payments and e-commerce group, has unveiled a...
TBC takes card-free payments to Georgian retailers

TBC takes card-free payments to Georgian retailers

TBC Georgia has introduced the country's first palm payment service, allowing shoppers to pay for purchases using a scan of their hand rather than...
Finpilot raises $10m to put AI agents to work for institutions

Finpilot raises $10m to put AI agents to work for institutions

Finpilot, an AI-native operating system built for institutional capital, has secured $10m in a Series A round as it aims to free long-term investment...
Sentra lands $150m as AI agents strain data controls

Sentra lands $150m as AI agents strain data controls

Sentra, a provider of agentic data security, has raised $150m in a strategic round led by Capital One Ventures. The deal comes as businesses...

News Stories

Why insurers are struggling to scale AI adoption

Why insurers are struggling to scale AI adoption

AI is gaining traction across the insurance industry, with businesses exploring its potential to reshape everything from underwriting and pricing to claims management. However,...
Marsh targets Bahrain's growing captive insurance market

Marsh targets Bahrain’s growing captive insurance market

Global professional services firm Marsh is preparing to introduce captive insurance management services in Bahrain, which would make it the first international broker to...

Why fragmented sales channels are costing financial firms

Financial institutions rarely sell through a single route. A typical insurer, bank or wealth manager runs a website or app, a team of employed...

Why EXANTE rejected AI to migrate its critical tests

Breaking a monolith into microservices is often treated as a simple engineering exercise. For broker EXANTE, a single migration became a full audit of...
Aon combines healthcare reinsurance and risk advisory

Aon combines healthcare reinsurance and risk advisory

Global professional services firm Aon has established a dedicated North America healthcare vertical within its Risk Capital division, bringing together its healthcare reinsurance and...

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