Sector Updates

Data regulators land $1.4bn blow as Q3 fines reach $2bn

Data regulators land $1.4bn blow as Q3 fines reach $2bn

Regulators spent the third quarter of 2026 returning to familiar ground, with AML, data protection, governance and supervision failures behind many of the largest...
Mano Bank taps AMLYZE as growth strains its risk controls

Mano Bank taps AMLYZE as growth strains its risk controls

Mano Bank has struck a deal with AMLYZE to deploy a single platform covering risk assessment, transaction monitoring, screening and investigation management as the...
Kalepa raises $75m to scale AI across insurance

Kalepa raises $75m to scale AI across insurance

Kalepa, the New York-based InsurTech developing artificial intelligence for insurance professionals, has raised $75m in a Series B funding round at a $470m valuation,...
GreenboardGo2.0 brings AI harness era to compliance teams

GreenboardGo2.0 brings AI harness era to compliance teams

Greenboard, an AI-native system of action for SEC and FINRA compliance, has unveiled GreenboardGo2.0, which it describes as the first AI harness designed specifically...
SC Ventures and SBI back Soter's digital asset insurance push

SC Ventures and SBI back Soter’s digital asset insurance push

Soter Insure has secured strategic backing from Standard Chartered's SC Ventures and Japan's SBI Group, strengthening its relationships with established financial institutions as it...
UK firms tighten AI controls but struggle to prove them

UK firms tighten AI controls but struggle to prove them

Arctera has found that UK organisations are outpacing their global peers in embedding AI governance into daily operations, yet many cannot demonstrate how an...
ClearScore shuts down DriveScore telematics app

ClearScore shuts down DriveScore telematics app

ClearScore, the credit score and report platform, is shutting down its DriveScore driving behaviour app on 3 December 2026, ending a service that allowed...
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...

News Stories

Emirates NBD brings AI market insights into digital wealth

Emirates NBD brings AI market insights into digital wealth

Emirates NBD, a banking group operating across the Middle East, North Africa, Türkiye and South Asia, has partnered with Bridgewise, an embedded investment AI...
Is business verification failing to keep pace with financial crime?

Is business verification failing to keep pace with financial crime?

Business verification has become an increasingly important line of defence against financial crime, yet the complexity of modern corporate structures is exposing weaknesses in...
Banks face tougher data scrutiny as APAC reporting rules evolve

Banks face tougher data scrutiny as APAC reporting rules evolve

Submitting the correct reporting template on time is no longer enough to satisfy regulators. Across Asia-Pacific (APAC), supervisors are demanding more detailed data, greater...
Banks face growing fraud risks as criminal tactics converge

Banks face growing fraud risks as criminal tactics converge

Banking fraud is becoming harder to detect as criminals combine identity theft, payment manipulation and increasingly sophisticated digital attacks. Banking fraud is no longer limited...
Financial crime risk assessments have outgrown spreadsheets

Financial crime risk assessments have outgrown spreadsheets

For years, spreadsheets have been the default tool for financial crime risk assessments. They were familiar, flexible and easy to adapt, and for a...

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