The insurance industry, traditionally known for its conservative approach and slow adaptation to change, is undergoing a significant transformation. This change is driven by the advent of financial technology, or fintech, which is reshaping how insurance services are designed, delivered, and
The energy industry is currently experiencing significant transformations due to the rapid emergence of regulations aimed at reducing emissions, improving grid reliability, and protecting consumer data. This evolving landscape poses substantial challenges for utilities, which must remain compliant
In today's digital age, organizations face an increasingly complex regulatory landscape for data privacy and cybersecurity. With the introduction of stringent regulations and the rise of sophisticated cyber threats, businesses must adopt comprehensive strategies to ensure compliance and
In a move significant for the financial sector, the European Data Protection Board (EDPB) issued an opinion on October 7, 2024, aimed at guiding data controllers on their reliance on processors and subprocessors under the General Data Protection Regulation (GDPR). The guidance underscores two
In the complex landscape of banking, one of the most significant challenges remains the inefficiency and regulatory complexities involved in client onboarding. Extended onboarding times and inflated costs are frequent issues, as highlighted during a recent webinar organized by Chartis and
The Consumer Financial Protection Bureau (CFPB) has recently finalized a groundbreaking rule that aims to revolutionize consumer rights, privacy, and security in the financial services sector. This rule mandates that financial institutions, credit card issuers, and other service providers must
