The U.S. SEC has released its Examination Priorities for the fiscal year 2025, offering a detailed guide for CCOs to evaluate and enhance their compliance frameworks.
In the complex arena of financial markets, where conflicts of interest and misconduct like insider trading are ever-present threats, the importance of rigorous compliance cannot be overstated.
Ethyca, a prominent New York-based data privacy and AI governance platform, has successfully raised $10m in a new funding round.
In today’s fast-changing insurance industry, addressing the human side of risk is more important than ever. Insurance has evolved beyond just policies and claims, focusing instead on fostering safety, trust, and collaboration between insurers and their clients. Risk service plans tailored to these human factors can create significant advantages for all parties involved, fostering a win-win scenario, according to Risk Control Technologies.
In the financial sector, the transition towards AI begins with overcoming the inherent challenges posed by legacy systems. According to Napier AI, many AI initiatives flounder in the pilot phase due to infrastructural incompatibilities. Surveys indicate that banks and insurance companies allocate more than 70% of their IT budgets to the upkeep of these outdated systems, severely limiting opportunities for...
Previsico, a surface water flood forecasting specialist, has partnered with Esri UK to mitigate the increasing risks posed by surface water flooding for businesses and organisations in the UK.
Benekiva, a prominent InsurTech company transforming claims and servicing operations, has announced the appointment of four industry veterans to its leadership team.
Mahindra Finance, one of India's leading non-banking financial companies (NBFCs), is set to bring tailored general insurance solutions to its extensive customer base through a new partnership with Magma HDI General Insurance Company.
SBS and Red Hat join forces to revolutionise hybrid cloud adoption for banks
Zopa, a UK-based digital bank blending innovative technology with over 20 years of lending expertise, has raised €80m (£68m) in an equity funding round.
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