Company News

Industry responses to the US’ new Anti-Money Laundering Act 2020

The US Congress passed the Anti-Money Laundering Act 2020 and could be one of the most impactful changes to AML for two decades.

Americans don’t step up to protect themselves against hack attacks

Despite most Americans knowing about the risks poised by cyber attacks, few are taking the steps needed to protect themselves against them.
Zip

Zip Security clinches $7.7m for enhanced cyber defense for firms

Zip Security, a dynamic cybersecurity firm, recently announced the closure of a significant funding round at $7.7m. 

CompScience unveils SafetyBriefAI app to transform site safety for insurance brokers

CompScience Insurance Services recently unveiled its latest product, the SafetyBriefAI App, designed to enhance job-site safety for insurance brokers.

Paystand acquires Mexican FinTech Yaydoo

Paystand has acquired Yaydoo, a Mexican company that specialises in accounts payable, cash flow management and liquidity solutions across Mexico and Latin America.

ESMA issues statement to clarify approach to position limits for commodity derivatives

The European Securities and Markets Authority (ESMA) has issued a statement to clarify its supervisory approach to position limits for commodity derivatives.

Six insurance firms team up to launch InsurTech accelerator BrokerTech Ventures

Six insurance firms have come together to establish BrokerTech Ventures, an accelerator program for next-generation technology solutions for insurance agencies and brokerages.
AI

Why AI is helping to empower the next generation of accounting professionals

A recent survey by cloud-based accounting software bluQube revealed significant insights into the impact of AI on finance and accounting.
SymphonyAI

SymphonyAI welcomes Adam Quinones to spearhead AI-driven trading division

SymphonyAI, a pioneer in predictive and generative AI SaaS products for enterprises, has announced an addition to its team.
Apple to drive huge surge in soft POS adoption

Apple to drive huge surge in soft POS adoption

The number of merchants deploying soft POS solutions will surpass 34.5 million globally by 2027, rising from six million in 2022.

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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