SEC
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
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 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.
AI
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 Surveys indicate that banks and insurance companies allocate more than 70% of their IT budgets to the upkeep of these outdated systems, severely limiting opportunities for...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.
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.
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.
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, a leading provider of financial technology solutions, has partnered with Red Hat, the world’s top enterprise open-source solutions provider, in a bid to modernise banking operations through scalable, cloud-native architectures.
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.
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.

News Stories

Revolut launches UK savings challenge with £100k prize

Revolut launches UK savings challenge with £100k prize

Revolut, a global FinTech serving more than 13 million UK customers, has launched its first savings challenge in the United Kingdom, offering participants the...

Vestmark launches AI wealth management tool Pulse

Vestmark, a WealthTech firm and provider of wealth management technology and services, has unveiled Vestmark Pulse, an AI intelligence solution designed to give wealth...
Lyrie.ai closes $2m pre-seed to tackle AI agent security

Lyrie.ai closes $2m pre-seed to tackle AI agent security

Lyrie.ai, the autonomous cybersecurity platform developed by Dubai-based OTT Cybersecurity LLC, has completed a $2m pre-seed funding round and stepped out of stealth, with...
Embat

Embat raises €30m Series B to drive European growth

Embat, an AI-powered FinTech specialising in treasury management, has closed a €30m Series B funding round to support its expansion across Europe. The round was...

Adfin raises $18m Series A to automate business finance

Adfin, a payments and finance automation platform focused on helping businesses get paid on time, has closed an $18m Series A funding round, bringing...

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