Company News

Wefox, an InsurTech unicorn, has issued a stark warning to its investors regarding potential insolvency looming over the company.

InsurTech unicorn Wefox faces insolvency risk according to reports

Wefox, an InsurTech unicorn, has issued a stark warning to its investors regarding potential insolvency looming over the company.
In healthcare, precision and efficacy reign supreme. Despite significant technological advancements, challenges such as medication errors, patient safety concerns, and operational inefficiencies persist, posing risks to both individual outcomes and healthcare systems as a whole. Addressing these challenges effectively necessitates innovative solutions, as Scanbot SDK explains.

How to leverage barcode technology for enhanced healthcare delivery

In healthcare, precision and efficacy reign supreme. Despite significant technological advancements, challenges such as medication errors, patient safety concerns, and operational inefficiencies persist, posing risks to both individual outcomes and healthcare systems as a whole. Addressing these challenges effectively necessitates innovative solutions, as Scanbot SDK explains.
Watershed Health, a company dedicated to transforming patient care coordination in the healthcare sector, has successfully closed a funding round, raising $13.6m.

Watershed Health secures $13.6m funding round to revolutionise healthcare coordination

Watershed Health, a company dedicated to transforming patient care coordination in the healthcare sector, has successfully closed a funding round, raising $13.6m.
Open Road Insurance has announced its formation as a managing general agency (MGA) focusing on collector vehicle auto insurance.

Open Road to enter into collector vehicle insurance market

Open Road Insurance has announced its formation as a managing general agency (MGA) focusing on collector vehicle auto insurance.
GB Bank

GB Bank’s expansion plans accelerate with £85m investment injection

GB Bank, a key player in property project funding for SME developers and investors, has secured £85m in additional capital.
Singapore

Singapore tightens grip on digital payment token providers: What you need to know

The MAS of Singapore has recently announced stringent AML and CFT controls on digital payment token (DPT) service providers. According to Moody's, these regulatory changes...
Kudos

Kudos raises $10.2m to boost AI-powered smart wallet services

Kudos, a Los Angeles, a provider of an AI-powered smart wallet service, has secured $10.2 million in Series A funding. According to Silicon Valley...
FCA

FCA charges reality TV stars over ‘Finfluencer’ campaign

The FCA has taken action against a group of individuals, including reality TV stars, for their involvement in promoting an unauthorised trading scheme through...

Palo Alto Networks and IBM forge security alliance to tackle cyber threats

Palo Alto Networks and IBM have teamed up to provide AI-powered security solutions, aiming to address the escalating cybersecurity challenges posed by the expanding...

Tietoevry survey reveals Nordic seniors’ struggle with digital services

A survey by Tietoevry has shed light on the digital accessibility experiences of elderly citizens aged 65 and over in Finland, Sweden, and Norway.

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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