InsurTech & Future of Insurance

U.S. Life Insurance Application Activity Marks Mid-Year with Record-Breaking Growth

by Muslim
written by Muslim
This record-breaking trajectory was bolstered by a robust second quarter, which saw activity levels rise 16.6% compared to the same period in 2025. As the industry moves into the latter half of the year, the data reveals a market gaining significant steam, particularly among older age cohorts and within traditional coverage categories....
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InsurTech & Future of Insurance

Iowa to Raise Default Speed Limit on Rural Roadways to 60 MPH Starting in 2026

by Jia Lissa
written by Jia Lissa
The state of Iowa is preparing for a significant shift in its transportation landscape as a new legislative mandate prepares to increase the default speed limit on thousands of miles of rural roadways. Effective July 1, 2026, the default speed limit for any road not currently governed by a specific, pre-existing speed limit requirement will rise from 55 miles per hour to 60 miles per hour....
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RegTech & Financial Compliance

The Crucial Role of Affidavits of Unchanged Status in IRS Withholding Compliance

by Lina Irawan
written by Lina Irawan
Withholding agents that fail to keep payee documentation current risk incorrect withholding, flawed reporting, and severe Internal Revenue Service (IRS) penalties, according to a comprehensive report from Comply Exchange. In the increasingly complex landscape of international finance, the burden of ensuring tax compliance falls heavily on the shoulders of withholding agents—typically financial institutions, insurance companies, and corporations that make payments of U.S.-source income to foreign persons....
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RegTech & Financial Compliance

Amplifying human ingenuity with the power of AI

by Neng Nana
written by Neng Nana
The rapid evolution of financial technology has ushered in a sophisticated era of financial crime, prompting a fundamental shift in how European compliance leaders approach risk management. ComplyAdvantage, a global leader in AI-driven financial crime risk detection, has released a comprehensive new guide titled "Amplifying Human Ingenuity with the Power of AI," which outlines a strategic roadmap for financial institutions to integrate artificial intelligence into their compliance frameworks....
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RegTech & Financial Compliance

EyePoint Pharmaceuticals Agrees to Pay $4.6 Million Settlement to Resolve Allegations of Illegal Kickbacks and False Claims Act Violations

by Neng Nana
written by Neng Nana
EyePoint Pharmaceuticals, Inc., a specialty biopharmaceutical company based in Watertown, Massachusetts, has reached a formal agreement with the United States Department of Justice to pay more than $4.6 million to settle allegations of violating the False Claims Act. The settlement addresses claims that the company engaged in an illegal kickback scheme designed to induce Ambulatory Service Centers (ASCs) to purchase and dispense DEXYCU, a long-acting intraocular steroid used for treating inflammation following cataract surgery....
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RegTech & Financial Compliance

Navigating the Global Privacy Landscape: A Comparative Analysis of the California Consumer Privacy Act and the General Data Protection Regulation

by Asep Darmawan
written by Asep Darmawan
Data privacy has evolved from a niche regulatory concern into a cornerstone of the modern digital economy, particularly as artificial intelligence (AI) systems increasingly rely on the ingestion of massive datasets to function. At the heart of this global shift are two landmark pieces of legislation: the European Union’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), the latter of which was significantly bolstered by the California Privacy Rights Act (CPRA)....
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Open Banking & API Finance

Hope Macy invests in UKPI to deliver more ‘affordability-first’ repayment solutions

by Jia Lissa
written by Jia Lissa
The Cardiff-based fintech firm Hope Macy has officially announced a strategic investment in the UK Payments Initiative (UKPI), marking a significant milestone in the evolution of the British financial services landscape. By joining an elite consortium of the UK’s most prominent banks, payment providers, and fintech innovators, Hope Macy is positioning itself at the vanguard of the development and implementation of commercial variable recurring payments (cVRP)....
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ESG & Sustainable Finance

Delta Signs 5-Year Deal with Shell to Expand SAF Supply and Infrastructure at U.S. Airports

by Suro Senen
written by Suro Senen
Delta Air Lines has formalized a significant five-year agreement with Shell Aviation, marking a strategic expansion of its sustainable aviation fuel (SAF) procurement and infrastructure development. This partnership is designed to bolster the supply of low-carbon fuel at several of Delta’s most critical domestic hubs and priority cities, addressing both the immediate need for fuel and the long-term logistical challenges of integrating alternative energy sources into the global aviation supply chain....
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ESG & Sustainable Finance

Global Impact Investing Landscape Shifts Toward Structural Blueprints and Faith-Aligned Capital as Major Leadership Transitions Begin

by Reynand Wu
written by Reynand Wu
The global impact investing sector is currently undergoing a significant transformation characterized by the institutionalization of "blueprints" for social and environmental change, a shift toward faith-aligned asset management, and a generational transition in leadership. As the industry matures, the focus has moved beyond the mere allocation of capital toward the creation of rigorous frameworks that ensure long-term sustainability and systemic inclusion....
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ESG & Sustainable Finance

The Catalyst Conundrum: Can Competition Solve Canada’s Productivity Crisis Under the Carney Government?

by Ali Ikhwan
written by Ali Ikhwan
The term "catalyze" has rapidly ascended from a niche economic descriptor to the defining buzzword of the Canadian federal government’s rhetorical arsenal. According to records from Open Parliament, the use of the word saw a nearly five-fold increase between 2024 and 2025, signaling a profound shift in the legislative focus of the administration led by Prime Minister Mark Carney....
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