Company News

17 powerful women in InsurTech that you must know about right now

Technology is changing the insurance industry. In many cases, women are leading the charge.
Confluence

Confluence bolsters factor investing with MSCI ESG data integration

Confluence Technologies, a leader in tech solutions for regulatory and investor communications in the investment management industry, has expanded its offerings with a significant update.

Sightline Payments becomes ‘Nevada’s first FinTech unicorn’ after latest funding round

Las Vegas-based company that offers digital payments tools in the sports betting and casino gaming market, Sightline Payments completed a $244m funding round valuing it at over $1bn.
FCA

BNPL chiefs could face two years in jail for using loophole, FCA warns

The Financial Conduct Authority (FCA) has said buy now, pay later heads could face up to two years in jail if they fail to tow the line on financial promotion rules.

Aon looks to boost cyber insurance operations with new deal

Aon, a risk, retirement and health solutions provider, has acquired Canadian cybersecurity platform Cytelligence.
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...

Plum plucks $14m from Series A raise

UK FinTech startup Plum FinTech has brought in $14m from a Series A funding round headed by Ventura Capital and DMG Ventures.

Indonesian financial authority unveils digital banking regulatory framework

Indonesia’s Financial Services Authority (OJK) has introduced a regulatory framework for digital banks in its updated commercial banking regulations.
V7-data-engine-raises-$33m-Series-A-to-help-teams-build-robust-AI

Investing platform baraka snares $20m Series A

baraka, a Middle East-located platform for commission-free investing, has closed a $20m Series A round led by Valar Ventures.

Mitek releases new spoof-proof identity verification service

Digital identity verification platform Mitek Systems has created a new ‘spoof-proof’ facial comparison solution and it only requires one selfie.

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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