deVere aims to position $2bn into ESG investments by 2026
Financial advisory group deVere has doubled its commitment to positioning assets into ESG investments to $2bn within five years.
Mandatory climate disclosures for financial institutions to be unveiled in New Zealand
New Zealand has become the first country globally to pass laws requiring banks, insurers and investment managers to disclose the impact of climate change on their companies.
Credit Suisse given £147m fine by the FCA for tainted loan, bond exchange
The Financial Conduct Authority (FCA) has issued a £147m fine to Credit Suisse due to severe due diligence deficiencies linked to dealings with the Republic of Mozambique.
European expansion on the cards for Getsafe as it bags insurance license
German InsurTech Getsafe has received its insurance license, now turning its eye to an accelerated expansion across the continent.
Biden Administration calls on US private sector to help in cyber fight
The US Deputy Attorney General has called on companies in the private sector to help the government tackle the rising wave of cybercrime.
BNPL regulatory crackdown on the horizon as UK Treasury launches consultation
The Treasury has unveiled a consultation on the policy options for the buy now, pay later (BNPL) sector as potentially firmer regulation on the market comes into sight.
PensionBee levels up compliance processes through Clausematch deal
PensionBee, a digital pension provider, has implemented the software of Clausematch, a RegTech100 company, to manage its internal policies and controls.
InsurTech Tensorflight closes QBE Ventures-led Series A
New York-based Tensorflight has closed its Series A funding round as it looks to bolster its standing in the property insurance data analytics market.
Saudi FinTech sector records $347m in new investment over last 12 months
A recent report by FinTech Saudi has found how Saudi Arabia’s FinTech market has seen a 37% hike in new companies with investment exceeding SAR$1.3bn ($347m).
Digital payments to rise 70% in five years
Usage of digital payments in Europe is expected to rise by 70% in the next five years, as the global e-commerce landscape becomes worth $6.9trn.
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