Former billionaire Hui Ka Yan has been fined and faces being banned from the financial markets for life.....
AI will shift liability rather than create new risks
Artificial intelligence raises challenging questions for liability as the technology continues to outpace regulatory and legal developments...
Artificial intelligence raises challenging questions for liability as the technology continues to outpace regulatory and legal developments...
Article / 11 days ago
Fintech funding falls 42% to $35B in 2023, but downturn may be nearing end
Highlights Venture capital flows into fintechs dropped 42% year over year to $35 billion in 2023, according to S&P Global Market Intelligence data....
Highlights Venture capital flows into fintechs dropped 42% year over year to $35 billion in 2023, according to S&P Global Market Intelligence data....
Report / 1 month ago
Top Insurance Trends
Just over a month into the new year and we can see that the European insurance sector continues to face many of the challenging macroeconomic conditions of…
Just over a month into the new year and we can see that the European insurance sector continues to face many of the challenging macroeconomic conditions of…
Video / 2 months ago
Ex-Allianz execs raise funds for carbon credit-backed insurance - Reuters
An insurance start-up founded by three former Allianz executives that aims to guarantee companies buying carbon credits get the permits they've paid for has closed the biggest European climate-focused seed funding round in more than a year.
An insurance start-up founded by three former Allianz executives that aims to guarantee companies buying carbon credits get the permits they've paid for has closed the biggest European climate-focused seed funding round in more than a year.
reuters.com /
Article / 2 months ago
Synpulse Integrates ACORD Solutions Group's Placing API & Submission Contract Extraction Capabilities into Reinsurance Underwriting Workbench
Synpulse will also leverage ACORD Transcriber for submission and contract data extraction....
Synpulse will also leverage ACORD Transcriber for submission and contract data extraction....
PR / 4 months ago
Allianz Sues Revolut for £10.4m: Contract Breach Dispute Unfolds - FinTech Magazine
Contract dispute unfolds as neobank shifts customers, modifies insurance without approval
Contract dispute unfolds as neobank shifts customers, modifies insurance without approval
fintechmagazine.com /
Article / 4 months ago
Hong Kong crypto exchange inks MoU for digital asset insurance
The firm partnered with an insurtech for coverage on exchange wallets...
The firm partnered with an insurtech for coverage on exchange wallets...
Article / 7 months ago
Financial Institutions Bank Heavily on Embedded Insurance
Interest in insurance digital offerings is growing significantly, especially by banks and fintechs, with the majority expecting digital products to comprise 10 percent or more revenue within three...
Interest in insurance digital offerings is growing significantly, especially by banks and fintechs, with the majority expecting digital products to comprise 10 percent or more revenue within three...
Article / 7 months ago
Bank at heart of Vesttoo situation grew LOC issuance significantly in 2022
The China Construction Bank (CCB), which is the main bank named in relation to the fraudulent letter of credit (LOC) scandal involving insurtech...
The China Construction Bank (CCB), which is the main bank named in relation to the fraudulent letter of credit (LOC) scandal involving insurtech...
Article / 7 months ago
AI in banking, payments and insurance - Financial Times
Algorithms are already being used to check payment balances, detect suspicious transactions, and optimise insurance pricing...
Algorithms are already being used to check payment balances, detect suspicious transactions, and optimise insurance pricing...
ft.com /
Article / 8 months ago