Company News

Five FinTech trends to look out for in 2020

FinTech is going to explode next year, with several new solutions hitting the market, Ecosystm, the tech research firm, suggests in a new report.

HID Global teams with Temenos to improve authentication services

Identity solution developer HID Global has joined forces with core banking software developer Temenos to create a risk-based user authentication solution.

German regulators may force Apple to open up its tech to rival payment providers

Apple is not happy. The Cupertino-based tech titan may soon find itself being forced to allow rival payment providers to get access to its technology after German’s parliament voted in favour of new regulations.

Which? names Natwest as best UK bank for online security

Natwest has been named the best UK bank for online security by Which? after conducting an investigation of the best and worst in the industry.

Monetary Authority of Singapore managing director says there’s still more to do to ensure...

Since the financial crisis, the Monetary Authority of Singapore (MAS) has been hard at work rebuilding trust in the country’s financial services. However, the managing director believes more must be done.

Bank Millennium to deploy OneSpan’s technology to lower fraud threats

Bank Millennium has deployed OneSpan’s identity verification and e-signature technology to improve transaction security for customers.

Chinese investors help Nigerian payments startup OPay secure $120m Series B investment round

Lagos-based OPay, the FinTech startup, has bagged $120m in a massive new investment round to scale its Nigerian presence and to tap into Kenya, Ghana and South Africa’s markets.

Direct Line to offer car insurance through car subscription platform Drover

The UK insurance giant Direct Line has partnered with car-subscription service Drover to insure its vehicle fleet.

Funding Xchange has bagged ?8m in new funding round led by Downing Ventures and...

London-based FinTech Funding Xchange has secured ?8m in a new funding round, leaving the door open for the company to accelerate the development and rollout of new solutions.

Social media platform TikTok taps into social commerce

TikTok, the social media platform famous for its short video snippets, is opening up the network to e-commerce.

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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