Tag: EY
Credit unions must embed compliance in tech onboarding to reduce risk
In today’s fast-moving workplace, many employees are familiar with the surprise of a new software platform suddenly appearing on their screens—often with little to no prior warning or consultation. While well-intended, these abrupt technology rollouts can lead to unintended disruption, especially when key users are left out of the decision-making process.
What is the double-edged sword of AI in compliance?
The landscape of compliance is evolving rapidly, and gone are the days when compliance officers solely relied on manual processes and traditional methods. Artificial intelligence (AI) is redefining the field, offering significant advancements in efficiency and automation, alongside introducing new complexities and regulatory concerns.
AuditBoard and EY launch UK Centre of Excellence to modernise risk...
AuditBoard and EY have expanded their alliance to bolster risk management services across the UK and Ireland.
AI poised to transform corporate reporting amid ESG concerns
In a study by EY, the 2024 Global Corporate Reporting Survey highlights the growing concerns among global finance leaders regarding the integrity and reliability of nonfinancial data.
Revolutionising finance: The rise of embedded finance in 2024
As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.
EY and IBM team to unveil new sustainability reporting solution
EY and IBM, a leading technology giant, have joined forces to launch a cutting-edge sustainability reporting Managed Services solution.
UK remains the leading InsurTech hub in Europe as investment nearly...
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
Why communications monitoring is currently a ‘wild west’
The current communication monitoring landscape is a ‘wild west’, and firms need to ensure their processes are nimble so they can adapt to new and evolving communication channels.
UK dominates European InsurTech deals in 2023
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
EY Climate Risk Barometer reveals climate goals and achievements gap
The fifth EY Climate Risk Barometer has recently highlighted a significant trend in corporate climate reporting.










