Industry News

Simply Asset

Bank of America backs Simply Asset Finance with £120m to expand asset financing

Simply Asset Finance, a business lending provider based in the UK, has inked a significant financial agreement with Bank of America.
Balancing technology and empathy: A guide to supporting vulnerable customers

Balancing technology and empathy: A guide to supporting vulnerable customers

In the wake of escalating living costs, contact centres have become crucial lifelines, particularly for vulnerable customers requiring support across utilities, healthcare, and housing sectors. This enhanced reliance on contact centres underscores their pivotal role in delivering responsible and sensitive services.
Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions

Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions

One of America's largest mortgage servicers has been facing a significant challenge. The company, which was established in the early 1990s and operates across all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, offers a variety of mortgage solutions, including conventional loans, refinancing, and first-time homebuyer programs such as FHA loans.
Bloomberg

Bloomberg unveils advanced ESG tools for portfolio management and risk analytics

Bloomberg has introduced tools to help investors measure, manage, and report on the sustainability characteristics of their investment portfolios.
compliance

How global regulatory compliance shapes financial services

Never before has the need for global regulatory compliance been so critical, with companies operating across international borders and facing a labyrinth of diverse regulatory frameworks. This comprehensive guide explores what global regulatory compliance entails, its significance, and the main compliance categories.

Supercede elevates ReinsurTech with a robust $15m Series A investment

Supercede, a London-based reinsurance technology company, has successfully completed a $15m Series A funding round.
GHG

GHG Protocol and IFRS Foundation enhance global emissions standards

The GHG Protocol and the IFRS Foundation have recently bolstered their cooperative efforts to streamline greenhouse gas emissions reporting by signing a MoU.
Singapore

How Singapore is reinventing asset recovery to fight transnational crime

Singapore has launched its National Asset Recovery Strategy as announced by Prime Minister and Minister for Finance, Lawrence Wong.

VeriPark and FICO partner to drive financial inclusion with AI in emerging markets

VeriPark, a global provider of innovative digital solutions, and FICO, a renowned analytics software company, have embarked on a partnership.
FiVerity

FiVerity launches innovative identity trust management platform

FiVerity, an AI identity verification and fraud prevention firm, has announced the introduction of its new Identity Trust Management platform.

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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