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Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

Securities Commission Malaysia warns investors of backing ICOs and digital asset exchanges

The Securities Commission Malaysia (SC) has issued a caution to investors against backing unauthorised initial coin offerings (ICO) and digital asset exchanges (DAX).

SEC proposes rule changes on climate-related disclosures for investors

The US Securities and Exchange Commission has put forward rule changes to require registrants to include certain climate-related disclosures in their statements and reports.

Switzerland embraces self-regulation over greenwashing in finance

Switzerland’s Federal Council has made the decision to hold off on imposing regulatory measures on greenwashing within the financial sector.

Smart home payments expected to be worth $164bn in 2025

The value of payments that occur on smart home devices is expected to exceed $164bn in 2025, rising sharply from the expected $22bn in 2020, according to a report from Juniper Research.
MAS

Singapore’s MAS launches Veritas Toolkit 2.0 for responsible AI in FinTech

Singapore's MAS presented a cutting-edge, open-source tool for encouraging the ethical utilisation of AI within the financial sector.

Beleaguered Metro Bank confirms talks about a potential sale of a loan portfolio

Challenger bank Metro Bank has confirmed that “discussions regarding the potential sale of a loan portfolio are taking place” in a stock market announcement.

Sureify and ForMotiv expand partnership for behavioural data

InsurTech Sureify has expanded its partnership with ForMotiv, a leading provider of digital behavioural science and user intent scoring solutions, to focus on digital intuitive experiences.
Bursa Malaysia, a prominent stock exchange in Malaysia, has introduced the Centralised Sustainability Intelligence (CSI) solution to enhance the integration of Environmental, Social, and Governance (ESG) practices among Malaysian companies, thereby improving their global competitiveness.

Bursa Malaysia launches CSI solution to boost domestic ESG goals

Bursa Malaysia, a prominent stock exchange in Malaysia, has introduced the Centralised Sustainability Intelligence (CSI) solution to enhance the integration of Environmental, Social, and Governance (ESG) practices among Malaysian companies, thereby improving their global competitiveness.

Codat partners up with Visa as payment giant launches new European FinTech initiative

London-based Codat has formed a strategic partnership with Visa as the payment giant is gearing up to launch the Visa Fintech Partner Connect programme in Europe.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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