Why TIN validation matters for insurers
Tax Identification Numbers (TINs) underpin tax documentation and reporting for insurers, particularly where firms are collecting taxpayer information during onboarding, supporting cross-border policies or...
Banks measure AI adoption but struggle to prove its value
Banks have rushed to deploy AI across their operations, but a persistent data governance problem is making it difficult for institutions to prove what...
UK Regulators issue guidance on AI
The Bank of England and Financial Conduct Authority (FCA) have concluded a year-long investigation into the role of data, model risk and governance in the use of AI in financial services.
Buy Now, Pay Later providers bite back to debt critics
Buy Now, Pay Later (BNPL) services are becoming synonymous with debt. These services have come under fire for misleading consumers and putting vulnerable users at risk. Regulatory crackdown has loomed on the horizon for some time now, but what do BNPL companies have to say for themselves in the meantime?
Singapore unveils national program to deepen AI capabilities in finance
The Monetary Authority of Singapore (MAS) and the National AI Office (NAIO) have launched a national initiative aimed at strengthened AI abilities in its financial sector.
UK to force financial institutions to publish net zero transition plans
UK Chancellor of the Exchequer Rishi Sunak has revealed that the UK will force financial institutions to publish its plans on how they will transition to net zero.
Quantexa updates data analytics platform to help firms tackle growing data volumes
Data and analytics software business Quantexa has unveiled the latest release of its data analytics platform to help companies tackle the rapid proliferation of data.
How is the sustainability revolution changing the banking sector?
A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable is changing the banking industry.
G7 finance group endorses policy principals for retail CBDCs
Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).
HKMA initiates first CBDC steps with whitepaper launch
The Hong Kong Monetary Authority (HKMA) has begun the first steps of exploring a central bank digital currency (CBDC) with the release of a technical whitepaper.
