Company News

JPMorgan Chase and Envestnet | Yodlee sign data sharing agreement

Envestnet | Yodlee, the data aggregation and analytics platform, has entered a partnership with JPMorgan Chase, the investment bank JPMorgan’s community and consumer banking arm.

Novidea bolsters team amid global expansion

Novidea, a global InsurTech and provider of a data-driven, cloud-native insurance platform to brokers, agents, and MGAs, has named Adam Glasby as one of its new programme managers

ZeroFox acquires dark web threat intelligence company Vigilante

Cybersecurity firm ZeroFOX Inc. acquired dark web intelligence research firm Vigilante ATI Inc. for an undisclosed sum.
The private markets have witnessed a substantial increase in managed assets over the last decade, attracting the attention of U.S. regulators aiming to enhance transparency through expanded regulation. With these regulatory developments, it's time to re-evaluate the Global Investment Performance Standards (GIPS), which have evolved from being the gold standard for investment performance presentation to a tool that assists advisers in meeting new regulations.

How FinTech’s rise demands a proactive approach to regulatory management

Flagright recently took a deep dive into the topic of firms adopting a proactive approach to regulatory change management. 

The global cybersecurity in financial services market set to grow a lot within the...

Hack attacks and compliance concerns are expected to push the cybersecurity sector to grow at a compound annual rate of 9.5% by 2027.

ICEYE and Arturo to delivery flood insights to insurers

Arturo, a PropTech company that delivers intelligent analytics from individual property to portfolio, has partnered with expert in natural catastrophe (NatCat) ICEYE to bring insurers flood and property damage insights.

Microsoft to acquire RiskIQ to strengthen its cybersecurity portfolio

Microsoft is acquiring San Francisco-based RiskIQ, a company that specialises in detecting security threats to help its customers address the risks created by remote work.
Legit

Cybersecurity firm Legit Security clinches $40m in Series B raise

Legit Security, a cutting-edge cybersecurity enterprise, has celebrated a milestone by securing a substantial investment of $40m. 

Chipper Cash bags $6m in seed round

P2P payment startup Chipper Cash has secured new investment to expand into new African markets.

MFS Africa in GTP take-over amid booming African PayTech

Digital payments network MFS Africa has entered an agreement to acquire Global Technology Partners (GTP).

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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