The ESMA the regulatory body overseeing the EU's financial markets, has released a series of Q&A's to provide further clarity on the application of guidelines regarding the naming of funds using ESG or sustainability-related terms. This move aims to foster a consistent understanding and implementation of these guidelines across the financial sector. The newly published Q&As delve into three critical areas:...

The ESMA has released a new Consultation Paper that outlines its latest proposals for integrating sustainability and financial disclosures into the ESEF.

Tietoevry Banking has partnered with Visa Direct, a division of Visa specializing in efficient payment services.

Chubb, a global leader in insurance services, has announced the appointment of John Latter as head of claims for Chubb Overseas General (COG), effective immediately. Operating in 54 countries and territories, Chubb provides a range of insurance solutions, including commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance. The company is known for...

ViClarity has joined forces with Person Centred Software (PCS), a leader in digital care management systems.

The insurance industry is undergoing a rapid transformation driven by changing demographics, evolving customer expectations, and advancements in digital technology and analytics. Insurers are now tasked with elevating their operational and technological capabilities, innovating product solutions, and expanding their value propositions. With these growing pressures, IntellectAI looks ahead to what trends may dominate the sector in 2025 and beyond. Traditionally...

Mastercard, a global payments technology leader, has partnered with the Bank of Punjab (BOP), a rapidly growing Pakistani bank, to transform the its digital ecosystem and elevate its customers’ digital banking experience. The partnership aims to enhance BOP’s consumer debit and credit offerings, expand its affluent portfolio, and introduce innovative loyalty solutions. This collaboration aligns with BOP’s strategy to position itself...

Ruth Asset Management has partnered with Kidbrooke to address the challenges of ESG and market data aggregation during a critical post-merger period. In an exclusive Q&A with Kidbrooke, the company outlined its reasons for selecting Kidbrooke and the transformative impact the collaboration has had on its operations. Facing the complexities of merging data practices, launching a new webpage, and consolidating...

The global InsurTech market grew to 25.97bn in 2024 and is expected to reach approximately USD 496.56bn by 2033. This represents a remarkable compound annual growth rate (CAGR) of 38.8% from 2024 to 2033. This rapid expansion is being driven by innovations in artificial intelligence (AI), machine learning (ML), cybersecurity, and a growing emphasis on Environmental, Social, and Governance...

Eight in ten UK working-age adults are uncertain about the location of all their pension pots, raising serious concerns about a potential pension savings crisis. Research from pension-finding platform Raindrop has unveiled alarming statistics about the state of retirement savings across the country. Only 19% of non-retired UK adults feel confident they know where all their pension savings are. The findings...