Company News

automation

How automation is revolutionising ongoing monitoring in financial institutions

An efficient ongoing monitoring system is a linchpin in the relentless battle against financial crime and the imperative to comply with AML regulations.
JAB Holding Company is set to establish a global insurance platform and initiate an asset management company, with Anant Bhalla taking the helm as Senior Partner and Chief Investment Officer.

JAB Holding Company launches global insurance platform

JAB Holding Company is set to establish a global insurance platform and initiate an asset management company, with Anant Bhalla taking the helm as Senior Partner and Chief Investment Officer.
SageSure, a managing general underwriters focused on catastrophe-exposed markets, has launched its first Expanded Markets surplus lines dwelling fire product in Louisiana, New Jersey, South Carolina, and Texas.

SageSure expands product portfolio with launch of expanded markets dwelling fire insurance

SageSure, a managing general underwriters focused on catastrophe-exposed markets, has launched its first Expanded Markets surplus lines dwelling fire product in Louisiana, New Jersey, South Carolina, and Texas.
Wolters Kluwer

Wolters Kluwer unveils new Regulatory Violations Intelligence Index

Wolters Kluwer, a provider of solutions, empowers professionals across various industries, has launched a Regulatory Violations Intelligence Index.
Specialty Group, a member of the Tokio Marine HCC group of companies, has announced the launch of a new Product Recall offering in London, accompanied by two senior appointments to its Crisis Management team.

Tokio Marine’s Specialty Group launches new London team

Specialty Group, a member of the Tokio Marine HCC group of companies, has announced the launch of a new Product Recall offering in London, accompanied by two senior appointments to its Crisis Management team.
Data Zoo

Identity verification firm Data Zoo raises AU$35M in Series A

Data Zoo has successfully secured AU$35 million in Series A funding from Ellerston JAADE, an Ellerston Capital fund. The investment will bolster the firm's efforts...
Eurosystem

ECB and Eurozone Central Banks forge path with DLT settlement trial

The Eurosystem has completed the first trial in utilizing new technologies for settling wholesale transactions in central bank money.
Chapter Medicare, a leading broker headquartered in New York, has successfully raised $50m in its Series C funding round.

Chapter Medicare secures $50m in Series C round to revolutionise senior healthcare navigation

Chapter Medicare, a leading broker headquartered in New York, has successfully raised $50m in its Series C funding round.
Worky

Mexico’s Worky bags $6M Series A to transform payroll solutions

Worky, a provider of an HR and payroll software solution for companies, has successfully raised $6 million in Series A funding.
Grasp

Grasp raises $1.9M to revolutionise finance with GenAI assistant

Sweden startup Grasp recently announced a significant milestone in its journey towards transforming the financial industry. According to TechFundingNews, the company has successfully raised $1.9...

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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