Climate X secures $18m to enhance global climate risk analysis
Climate X has secured $18m to fuel its growth and support leading financial entities in assessing climate impacts on their asset portfolios.
AXA Venture Partners launched €1.5bn fund to support FinTech and InsurTech industry growth
AXA Venture Partners (AVP), a global venture capital firm specialising in high-growth, technology-enabled companies, announced the launch of a new strategy, targeting late-stage tech companies with a €1.5bn fund.
How the ECCTA is reshaping costs for UK financial institutions
In October 2023, the UK implemented the Economic Crime and Corporate Transparency Act (ECCTA), setting stringent identity verification (IDV) mandates for shareholders, directors, and persons of significant control (PSCs). This legislation, crafted to enhance the integrity of company data at Companies House, represents a significant pivot towards more rigorous corporate governance.
M&G pours $165m into Regenerate’s pioneering sustainable agriculture fund
Regenerate, an asset management firm striving to mitigate climate change and protect biodiversity, has received a sustainability boost.
Is the ESG FinTech sector growing fast enough?
While environmental, social, and governance (ESG) have quickly become important factors in discussions about innovation, is the sector growing quickly enough in the FinTech world?
Dig Security nets investment from Samsung for innovative cloud data security
Dig Security, a key player in the cloud data security space, announced today it has secured a strategic investment from Samsung Ventures.
The rise of generative AI assistants in WealthTech
Generative AI’s acceptance into the world of wealth management is continuing at a rapid pace. Both WealthTechs and wealth/asset management firms are starting to embrace the technology with new solutions. One such solution is the generative AI assistant, with a number having launched over the past year.
Hostaway secures $175m in record-breaking funding round in the vacation rental sector
Hostaway, a distinguished player in the vacation rental software and management system arena, has announced a colossal capital raise of $175m.
Unlock the advantages of ETFs: Trading flexibility, lower costs, and tax benefits
Exchange-traded funds (ETFs) offer numerous benefits over traditional mutual funds, from trading flexibility to cost efficiency and favorable tax conditions. ACA Group, a provider of scalable compliance, risk and technology solutions, recently explored the potential benefits of an ETF.
How to integrate perpetual KYC into an effective compliance roadmap
Encompass Corporation and Capgemini are teaming up on a pivotal report centred on perpetual KYC (pKYC) integration.