Data & Analytics

FCA completes transition to new data collection platform

The Financial Conduct Authority (FCA) has completed its move from Gabriel to RegData, the organisation’s new data collection platform.

Contactless payment market anticipates soaring growth into 2025

A study has found the mobile contactless payment market is expected to grow by 24% in 2021 to around $2.489trn.

US trade report highlights challenges for bolstering financial inclusion

A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.

EBA publishes findings of EU-wide bank climate risk exercise

The European Banking Authority (EBA) has published the findings from its first EU-wide pilot exercise on banks’ exposures to climate risk.

Deutsche Bank bolsters Asia presence with Singapore ESG centre

Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.

Ransomware DarkSide made $90m in ransom payments, blockchain firm finds

Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.

Sentiance teams up with Japan-based AI Base Technology

Sentiance, which helps companies turn data into contextual insights, has teamed up with Japan-based AI Base Technology.

Uncapped lands $80m from Spotify investor Lakestar to offer startups wider banking services

UK-based startup which provides funding to startups without taking equity Uncapped raised an $80m funding round to launch a suite of banking services tailored for tech-driven companies.

Extend achieves unicorn status following $260m Series C

US product protection startup Extend has raised $260m from a Series C round that has brought its overall valuation to $1.6bn.

Modularbank, Veriff partner to bolster ID verification and KYC capabilities

Estonian core banking provider Modularbank has teamed with identity verification software company and compatriot Veriff to boost its compliance and know-your-customer (KYC) offering.

News Stories

Lendbuzz partners with Mizuho to secure $100m for innovative vehicle financing

Lendbuzz partners with Mizuho to secure $100m for innovative vehicle financing

Lendbuzz, which specialises in improving access to credit for consumers purchasing vehicles, has secured a $100m warehouse facility with Mizuho Americas. 
RegTech

How Muinmos has had a front-row seat to the RegTech revolution

As it prepares to turn 12, Danish RegTech firm Muinmos has witnessed the sector evolve rapidly since its inception. With more eyes on it...
As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.

Should insurers invest in becoming an IT organisation?

As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.
Aviva, a leading insurance provider, and RiskEye, a digital risk management specialist, have joined forces to enhance Aviva's cyber insurance offering.

Aviva to enhance cyber insurance offering through new partnership

Aviva, a leading insurance provider, and RiskEye, a digital risk management specialist, have joined forces to enhance Aviva's cyber insurance offering.
ISSB

ISSB launches groundbreaking digital sustainability taxonomy

The ISSB has announced the publication of its much-anticipated IFRS Sustainability Disclosure Taxonomy (ISSB Taxonomy).

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