Tags: Risk Management

Artificial Intelligence (AI) agents are transforming financial crime compliance teams by automating repetitive tasks like transaction monitoring and adverse media searches. This automation enables compliance…

The demand for cybersecurity insurance has surged in response to increasing cyber threats, particularly due to advancements in artificial intelligence (AI) that enhance the sophistication…

SRA Watchtower, a prominent financial technology platform, has raised $4 million in a funding round led by FINTOP Capital, JAM FINTOP, and EJF Capital. This…

HDI Global Insurance Company (HGIC) has launched a new line of environmental liability products to address the rising demand for environmental, social, and governance (ESG)…

The European Banking Authority (EBA) has updated its Guidelines on ICT and security risk management to align with the Digital Operational Resilience Act (DORA), effective…

The Bank for International Settlements (BIS) report highlights the growing significance of artificial intelligence (AI) in central banking, urging a balance between innovation and risk…

Hiscox has launched a new Financial Institutions (FI) insurance offering aimed at enhancing coverage for businesses in the financial sector amid rising complexities and risks.…

The Money Laundering Reporting Officer (MLRO) is vital in combating financial crimes like money laundering and terrorist financing by enforcing anti-money laundering (AML) laws. MLROs…

High interest rates and market volatility are prompting asset managers to reconsider investment strategies, leading to increased use of GP-led secondary transactions and continuation funds.…

The Pula Foundation, an InsurTech company in Rwanda, has secured a €10 million grant from the Bayer Foundation to enhance climate risk insurance access for…