Company News

French mobile payments app Lydia has revealed bold plans to launch a new mobile banking proposition and plunge €100m into the offering.

French firm Lydia to plunge €100m into new mobile bank offering

French mobile payments app Lydia has revealed bold plans to launch a new mobile bank proposition and plunge €100m into the offering.
KYC

Understanding KYC in banking: A comprehensive guide

KYC is a fundamental process in banking that involves identifying and verifying individuals at the point of account opening.

M-Files unveils game-changing GenAI enhancements and Connector for Copilot

M-Files, a firm that provides solutions to revolutionise information processing and retrieval, has unveiled enhancements to its product offering. 
Clearcover, a leading InsurTech, is set to elevate its customer service experience through a new partnership with Ada.

Clearcover taps Ada to elevate its customer service experience

Clearcover, a leading InsurTech, is set to elevate its customer service experience through a new partnership with Ada.

GoCardless appoints Jolawn Victor as Chief Growth Officer

GoCardless, a prominent bank payment company, has recently appointed Jolawn Victor as its Chief Growth Officer.
Cover Genius, a leading embedded insurance provider, has raised $80m in a Series E funding round that was led by Spark Capital.

Cover Genius secures $80m in Series E Funding round led by Spark Capital

Cover Genius, a leading embedded insurance provider, has raised $80m in a Series E funding round that was led by Spark Capital.
Cortical.io, a pioneer in efficient artificial intelligence (AI) solutions, has partnered with Swiss Re to promote the adoption of intelligent document processing (IDP) among group insurance carriers, facilitating streamlined insurance processes.

Cortical.io and Swiss Re collaborate to transform insurance document processing

Cortical.io, a pioneer in efficient artificial intelligence (AI) solutions, has partnered with Swiss Re to promote the adoption of intelligent document processing (IDP) among group insurance carriers, facilitating streamlined insurance processes.
Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial services, has partnered with Exavalu to provide leading property and casualty insurance carriers with enhanced operational and analytical flexibility.

Earnix and Exavalu partner to revolutionise property & casualty insurance pricing

Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial services, has partnered with Exavalu to provide leading property and casualty insurance carriers with enhanced operational and analytical flexibility.
FCA

FCA unveils market abuse surveillance failures in latest report

In its latest Market Watch 79 report, the FCA has shed light on significant lapses in market abuse surveillance controls among authorised firms.
hosting

Ten benefits of regulatory hosting in the UK and EU markets

In today's fast-paced financial landscape, launching, managing, or distributing a fund necessitates a keen understanding of regulatory requirements and market dynamics.

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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