Industry News

Chubb has unveiled new underwriting criteria for oil and gas extraction projects that will require clients to reduce methane emissions, a byproduct of oil and gas production that are among the most severe greenhouse gases.

Auradine, a pioneering force in web infrastructure solutions, has successfully closed its Series B funding round, amassing over $80m.

Global identity verification provider Veriff has partnered with RegTech firm Salv to strengthen the fight against financial crime.  

FinTech Global recently spoke to multiple industry players to get their insights on whether financial institutions are keeping up with modern sanction/PEPs lists monitoring requirements. The first part can be read here. In this second half, FinTech Global asked the industry leaders to outline some of the best practices they have seen in the market and how to stay on top of the lists.

Translucent, a UK-based accounting software platform, has secured £2.7m in a pre-seed round headed by Wise and LocalGlobe.

Flagright, a firm specialising in AML and fraud prevention, has entered into a partnership with Baraka, a Middle Eastern investment platform.

Volta Trucks, an all-electric commercial vehicle manufacturer and services provider, has partnered with InsurTech Qover and Helvetia International Automotive to provide its customers with an all-electric fleet insurance.

FSB RCG Asia convened in Colombo today, addressing crucial financial concerns and exploring avenues for bolstering regional financial stability.

Businesses reporting under new ISSB disclosure standards will be given an extra to provide disclosure of climate risks.

IBM has announced the appointment of Christina Shim as its new Chief Sustainability Officer, according to an internal memo seen by ESG Today. Shim...