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In an era where regulatory scrutiny is intensifying, Wealth Management firms are under pressure to ensure their retirement planning processes are not only precise but also align with client needs as stipulated by the Financial Conduct Authority (FCA). According to Ortec Finance, the push towards stochastic cashflow modelling has become essential, offering a spectrum of financial outcomes that aids clients in making informed decisions under varying market conditions. This technique is crucial in helping firms adhere to regulatory requirements and avoid reputational risks.Ortec Finance’s OPAL Financial Planning is at the forefront, providing solutions that sync with the FCA’s expectations for…

Kanguro, an InsurTech leader renowned for its revolutionary pet insurance products, has now entered the renters’ insurance market in Florida. Known for its innovative, technology-driven solutions, Kanguro aims to transform insurance offerings with a focus on simplicity and customer-centricity.The launch of renters’ insurance in Florida by Kanguro comes as part of its ongoing mission to modernize insurance by making it straightforward, transparent, fast, and universally accessible. This move is also paired with the introduction of a new partnership vertical, aimed at enhancing the value and convenience for its customers.Kanguro is primarily engaged in the InsurTech sector, where it has made…

Steve Smith announced his retirement from one-day international cricket on Wednesday after captaining Australia to a semi-final exit at the Champions Trophy, bringing down the curtain on a career in the format that included two World Cup wins. The 35-year-old batsman, who was his team’s top scorer with 73 as Australia lost to India by four wickets in Dubai on Tuesday, said he would still be available for selection for T20 internationals and test matches. ” sandbox=”allow-same-origin allow-scripts allow-popups allow-modals allow-forms”> “It has been a great ride and I have loved every minute of it,” Smith said in a Cricket…

The US Treasury Department on Tuesday announced sanctions against an Iranian national accused of running an online darknet marketplace used for trading drugs and cybercrime services. The marketplace, named Nemesis Market, was shut down in March 2024 as a result of a law enforcement operation conducted by Germany, the US and Lithuania.  German authorities announced after the takedown of Nemesis server infrastructure that more than 150,000 user accounts and over 1,100 seller accounts were registered on the site, which was accessible on the Tor network. Nemesis provided a platform for drug trafficking and the trade of fraudulently obtained goods and…

‘Not for sale’, says Mute Egede as the US leader reiterates interest in acquiring the island, painting a picture of prosperity for its ‘incredible people’.Greenland’s Prime Minister Mute Egede says the Greenlandic people will determine their own future and do not want to be Danes nor Americans. Egede made his comments on Wednesday in reaction to United States President Donald Trump, who has reiterated his desire to make Greenland – currently a semi-autonomous territory of the kingdom of Denmark – a part of the US. “We do not want to be Americans, nor Danes, we are Kalaallit [Greenlanders]. The Americans…

Aryon Security, an innovative cloud security company, today announced its exit from stealth mode.Founded by veterans of the Israel Defense Forces’ elite “Matzov” unit, Aryon Security is introducing a groundbreaking Cloud Security Enforcement Platform designed to prevent cloud risks before they become a problem in production environments.The company has successfully raised $9m in seed funding. The investment round was led by Viola Ventures and Blumberg Capital, with significant contributions from cybersecurity industry notables such as Shlomo Kramer, Maty Siman, and Rubi Aronashvili.Aryon Security is set to transform the $44bn global cloud security market by shifting from the traditional reactive “deploy…

Financial institutions frequently encounter significant challenges when attempting to develop their own AI solutions for financial crime compliance (FCC).These endeavours often face prolonged project timelines and diminishing returns, highlighting the complexity and resource intensity of such tasks.Conversely, institutions that opt to integrate AI Agents from WorkFusion are witnessing rapid and substantial returns on investment (ROI). These returns not only materialize quickly but also continue to escalate over time, demonstrating the long-term value of partnering with established AI technologies.For those interested in exploring the benefits of WorkFusion AI Agents, the company has recently released a new white paper. It offers a…

When Tristen Boyer recently had a couple of cavities filled, her dentist suggested she get fluoride treatment afterward. She has Crohn’s disease, which puts her at increased risk for tooth decay.“It’s something I felt like I should get done,” the 22-year-old University of Kentucky student said. “It’s something I’m going to keep doing.”Dentists and hygienists often propose fluoride treatments to patients in the dental chair to prevent cavities and strengthen teeth. But the relatively simple procedure – which involves applying a varnish, gel or foam directly to the teeth – isn’t always covered by insurance, especially for adults. So when…

As United States President Donald Trump’s tariffs and his shift in Washington’s Ukraine policy send shivers through global stock markets, Europe’s defence firms are flying high as investors bet on the continent taking charge of its own defence. With Trump’s outreach to Russia and his suspension of military aid to Ukraine raising doubt about US commitment to Europe’s security, European leaders are racing to ramp up defence spending. After racking up double-digit gains this week, shares of top European defence companies are cruising at all-time highs as investors look to profit from Trump’s “America First” shake-up of the international order.…

Rachin Ravindra and Kane Williamson struck hundreds as New Zealand eased to a 50-run win over South Africa in Lahore on Wednesday to set up a rematch with India in the Champions Trophy final. Ravindra made 108 off 101 balls, and Williamson hit 102 off 94 deliveries as New Zealand posted a Champions Trophy record of 362-6 before restricting South Africa to 312-9. David Miller finished unbeaten on 100, but his 67-ball innings came in vain with the game already well out of reach, as South Africa suffered their fifth Champions Trophy semi-final defeat after those in 2000, 2002, 2006…