Hong Kong’s SFC introduces climate risk requirements for fund managers
Hong Kong’s Securities and Futures Commission (SFC) will require fund managers to take climate-related risks into consideration in their future investment and risk management processes.
SmartSearch releases new tool to bolster remote identity verification
Anti-money laundering software developer SmartSearch has released a new tool designed to combat dirty money being used to buy property.
Zepz looks to new geographies following $292m Series E
UK cross-border payments platform Zepz has secured $292m from a Series E funding round that has pushed its valuation up to $5bn.
Munich Re, HCL collaborate to transform digital workplace offering
Global reinsurer Munich Re has teamed with technology firm HCL Technologies to develop a ‘next-generation’ digital workplace for Munich Re workers.
Guidewire acquires InsurTech data analytics platform
AI-powered software developer Guidewire Software has acquired HazardHub, an API-driven property risk insights provider.
Appulate teams up with fellow InsurTech company
Appulate, a technology provider to MGAs, agents and carriers, has teamed up with Incandesco, which offers a digital marketplace for insurers.
Taiwan’s XREX snaps up $17m in fresh funding to expand its fiat currency portfolio
Taiwanese blockchain TradeTech firm XREX has closed a $17m funding round led by investment firm CDIB Capital Group and several big-name investors.
Why embedded finance is opening the door to new investors
An interview between Currencycloud and financial brokerage firm DriveWealth has detailed how embedded finance is changing the investment space in wealth management.
Facebook teams up with Indifi to offer loans to small businesses in India
Facebook has partnered with an Indian online lending firm Indifi to help provide loans to small domestic businesses, as part of a push to bring more businesses to advertise on its platform.
Balance Re secures $10m from Anthemis-led Series A
Life reinsurance company Balance Re has raised $10m from a Series A funding round led by Anthemis Group.
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