Tag: Insurance

The Bank of England's (BoE) Prudential Regulation Authority (PRA) published Supervisory Statement 5/25 last December, outlining its expectations that banks and insurers take a...

Artificial intelligence is moving from experimentation to operational reality across banking, financial services and insurance, and its expanding role in AML and KYC is...

Sweeping new sanctions targeting the global energy sector are redefining how supply chains operate, with regulators in the EU, US and UK introducing far-reaching...

The financial crime compliance sector is entering one of its most significant periods of change in over a decade. As regulators raise expectations and...

For many years, regulatory compliance has been treated as a necessary burden rather than an area that creates meaningful value. Firms across financial services have...

A new survey by Dun & Bradstreet has uncovered how financial services and insurance (FS&I) leaders are confronting rising threats and data challenges while pursuing AI...

Forward-thinking financial institutions are reimagining their approach to compliance by harnessing artificial intelligence (AI). For years, regulatory obligations were seen as a reactive, manual...

False positives in anti-money laundering (AML) compliance have long plagued the insurance sector, often seen as an unavoidable cost of doing business. SymphonyAI, which offers...

As cloud adoption accelerates in the financial services sector, organisations in banking, asset management, and insurance are grappling with the delicate balance between innovation...

Singapore is stepping up its efforts to integrate artificial intelligence into the financial sector with Project MindForge, a collaborative initiative announced in June 2023. The...