LexisNexis Risk Solutions, a global data analytics company, has announced the availability of LexisNexis IDVerse for Insurance, a new AI-powered document authentication and identity verification solution. The launch comes as insurers face mounting pressure from increasingly sophisticated fraud driven by generative AI and deepfake technologies, according to FF News. With losses from AI-enabled fraud expected to reach $40bn by 2027,...

Independent specialty MGA HIVE Underwriters, a Lloyd’s coverholder focused on practitioner-led specialty underwriting, has appointed two senior marine underwriting specialists, to its newly formed Marine specialty underwriting team. The appointments see Alistair Marriott joining as head of marine and Jared Short taking on the role of head of transportation and logistics, as the MGA builds out its practitioner-led marine platform. Both...

Throughout the financial services space, modelling teams face a persistent and increasingly uncomfortable problem: accuracy alone is no longer enough. Insurers and lenders are under pressure to extract more predictive power from growing datasets, yet they remain constrained by regulatory expectations that demand transparency, auditability and clear justification. This tension is most visible in pricing and risk functions, where...

As competition intensifies in specialist SME lending, Shawbrook Bank found its growth ambitions increasingly constrained by outdated processes and fragmented technology. Despite its strong reputation for bespoke, high-touch commercial lending, the UK-based bank was struggling to manage complex deals efficiently. Portfolio managers were relying on spreadsheets and SharePoint folders, credit teams lacked real-time visibility, and capacity limitations were starting...

IMTF, a global RegTech provider specialising in anti-financial crime and regulatory compliance technology, has announced that its holistic compliance platform, SironOne, is now available through AWS Marketplace. The move is designed to make it easier for financial institutions to adopt, deploy and scale advanced financial crime compliance capabilities, responding to increasing regulatory pressure, rising transaction volumes and the need for...

Across many financial institutions, the Financial Crime Risk Assessment (FCRA) is still widely misunderstood. Whether it appears as an enterprise-wide ML/TF/PF assessment in Australia, a Business Risk Assessment in the UK, or a BSA/AML risk assessment in the US, it is often treated as a task that sits solely within Compliance. According to Arctic Intelligence, when gaps or weaknesses...

The UK’s Financial Conduct Authority (FCA) has issued a stark warning to financial services firms after bringing insider dealing charges against two individuals following the discovery of suspicious trading activity linked to confidential takeover information. According to the regulator, an employee at Jefferies International allegedly passed inside information about a client transaction to a close associate, who then used...

Whether through enforcement actions taken by HM Revenue & Customs, Companies House, the Insolvency Service, or the Serious Fraud Office—or increasingly through coordinated action between them—compliance teams within UK banks and other large financial institutions should be paying close attention. These agencies are no longer signalling intent; they are actively applying the UK Economic Crime and Corporate Transparency Act...

Comply has achieved ISO/IEC 27001 certification, marking a significant milestone in its efforts to strengthen trust, security and governance across its RegTech operations. The certification, widely regarded as the global benchmark for information security management systems (ISMS), confirms that the company has implemented a comprehensive and independently audited framework to protect the confidentiality, integrity and availability of client data. The...

Key global FinTech investment stats in Q4 2025: Global FinTech investments increased by 53% YoY US firms secured six of the top 10 deals as the country continued to dominate the FinTech marketplace globally Trade Republic, a Germany-based digital investment and banking platform enabling European consumers to invest in stocks, ETFs, digital assets and private markets, secured one of...