Should banks face heavy fines for IT failures?

Despite the large adoption of digital banking services in the UK, many providers do not have safeguards in place for if their services go down. In the event of a system failure, it can mean millions of customers are left in the dark about their finances, unable to check accounts or even complete transactions.

How Akur8 is filling the gap in pricing automation

The insurance space has been a hotbed of innovation over the past few years, but pricing might have been left out.

What does Klarna’s mega valuation mean for the Nordic FinTech industry?

Swedish payment and shopping unicorn Klarna has become Europe's most valuable FinTech, but what does that mean for the other FinTech ventures in the Nordics?

What will be the main drivers of the WealthTech sector be in 2021?

It is safe to say most people will be happy when 2020 is over. The year has brought a number of unprecedented challenges that...

How digital distribution and reporting will impact the AIF ecosystem

With the advent of technology people have become accustomed to improved experiences and better access to data. Digital distribution and reporting technology enables fund managers to transform their operations to be more collaborative with investors and be much more transparent.

How banks can offset their carbon emissions amid the current climate crisis

With the impending risk of climate change and its economic and financial impact, environmental sustainability has become a societal responsibility and business reality. However, more needs to be done for banks to incorporate sustainability into their business strategies.

InsurTech CEOs believe there has to be a better way

Insurance is just one vertical where startups are trying to declutter the user experiences, to create more efficient services which provide customers with greater transparency.

Startups are raising Series As without having the right ‘metrics’

Some startups are raising capital too early and with many suffering a ‘down-round’, according to Techstars managing director Chris Adelsbach in a research interview...

Partnerships are just expensive experiments if both sides are not certain the deal is...

Partnering with InsurTechs can be an expensive experiment, so it’s integral to ensure it’s the right fit for both the company and insurance firm,...

Is it fear of automation or something else that keeps big banks from adopting...

Lots of huge financial institutions talk the talk about innovation, but few seem to walk the walk and actually implement RegTech solutions. That is according...

News Stories

UBS issued $500,000 fine from CFTC

The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.

How onboarding is hindering client experience

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

ESMA publishes paper setting out plans to change MiFID II reporting requirements

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

Hiro rebrands as it gears up for international expansion

Hiro, which aims to transform insurance into being prevention-first, has rebranded as Locket as it gears up for international growth.

Banking API provider M2P Fintech picks up $35m Series C

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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