Company News

OneSpan launches operational hub in Canada

From: RegTech Analyst Cybersecurity technology builder OneSpan has launched a new operational hub in Montréal to increase its capability of protecting financial institutions from fraud. The new...

Around 30% of Bó applications have been fraudulent

Bó, the new digital bank from RBS, has reportedly been hit by a wave of fraudsters during the short time it has been live. Around 30%...

The Hartford extends its IoT innovation lab

Property and casualty insurance group The Hartford has extended its Internet of Things (IoT) innovation lab to help improve workplace safety for customers.

Westpac appoints Promontory to conduct review after its massive money laundering accusation

Westpac has appointed Promontory to conduct an external accountability and financial crime program review, following the bank’s numerous money laundering accusations.

SwatchPAY! launches in Germany and Austria, as Europe’s appetite for wearable payments soars

SwatchPAY! has launched in Germany and Austria, with Wirecard serving as its exclusive payment partner.

ICE InsureTech joins Willis Towers Watson’s Radar Live programme

Software developer ICE InsureTech has joined Willis Towers Watson’s global Radar Live Collaboration programme.

Regulators in Dubai and Luxembourg sign collaboration agreement

The Dubai Financial Services Authority (DFSA) and the Commission de Surveillance du Secteur Financier (CSSF) Luxembourg will cooperate on the development of FinTech after new deal.

India explores blockchain framework

India is exploring a potential National Level Blockchain Framework which will support the scaling up and wider deployment of the technology.

Fibank becomes first bank in Bulgaria to offer open banking services

First Investment Bank (Fibank) has released the first open banking platform in Bulgaria.

The Netherlands leads Europe’s surge in wearable payments

Wearable payments are becoming more popular across Europe and the Netherlands is leading this charge.

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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