HSBC acquires AXA Singapore in $529m deal
HSBC Insurance has completed the acquisition of 100% of the issued share capital of AXA Insurance in Singapore, for $529m.
Slice launches $27 credit limit cards to tap 200 million users in India
Bengaluru-based consumer credit startup slice unveiled a card that offers a credit limit from Rs 2,000 ($27) onwards, to capture 200 million Indians who struggle with online transactions.
Glantus acquires vendor credit recovery FinTech JPD Financial
Ireland-based Glantus, a global provider of financial automation and data intelligence solutions, has acquired JPD Financial, which fashions itself as the industry leader in vendor credit recovery services, a term it has trademarked.
US and Singapore bolster cybersecurity partnership
The US Department of Treasury and the MAS have expanded their collaboration on cyber and operational resilience issues.
Comun secures $21.5m in Series A to bolster banking for U.S. immigrants
Comun, a Latino-founded neobank, has successfully raised $21.5m in a recent Series A funding round. The financial boost was led by Redpoint Ventures, with significant...
UK Regulators issue guidance on AI
The Bank of England and Financial Conduct Authority (FCA) have concluded a year-long investigation into the role of data, model risk and governance in the use of AI in financial services.
Almost half of UK consumers would use open banking for quicker loans, better rates
Zopa has found 4 in 10 UK consumers would use open banking to apply for credit if it boosted the chance of getting an offer or gave them access to better rates than banks.
Five African nations placed on the FATF’s grey list because their weak money laundering...
The Financial Action Task Force (FATC) has placed Botswana, Ghana, Mauritius, Uganda and Zimbabwe on their grey list, meaning they need to do more to tackle money laundering and terrorism financing.
EU Parliament advances methane reduction with Fit for 55 legislation
The European Parliament has adopted a new law to reduce methane emissions from the energy sector as part of the Fit for 55 initiative.
Robeco launches innovative indices for climate-conscious investors
Robeco, an international asset manager, has introduced its latest offering, the Robeco Climate Equities Indices.
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