Industry News

Ventiv

Riskonnect acquires Ventiv Technology to enhance IRM and global reach

Riskonnect, a IRM solutions firm, and Ventiv Technology, renowned for risk, insurance, and underwriting technology, are now one entity.
FinTech

2023 starts slow for FinTech investments with 14 deals recorded

As the new year gets underway, there were few funding rounds to report on in the first week of 2023, with a smattering of investments made.
disclosures

320 firms pledge nature-related disclosures, shaping corporate reporting’s future

The Taskforce on Nature-related Financial Disclosures (TNFD) has unveiled a commitment from a consortium of 320 companies and FIs.
Accenture

Accenture to snap up SKS Group

Accenture has agreed to acquire SKS Group, a firm that aids banks across the DACH regions modernise their technology infrastructure and address regulatory requirements.
Embracing diversity and equity in open banking for 2024

Embracing diversity and equity in open banking for 2024

In the upcoming year, ByAllAccounts' Head of Data Aggregation Strategy and Governance, Brian Costello, has set a thoughtful resolution to amplify the importance of...
Goodville-mutual-insurance-selects-origami-risk-platfork-to-support-P&C-programmes-insurance

Goodville Mutual opts for Origami Risk

Goodville Mutual Insurance Group has selected Origami Risk’s platform to drive speed, efficiency and facilitate growth across its expanding commercial and personal property and casualty insurance programmes.
Understanding the UK's Sustainability Disclosure Requirements for 2024

Understanding the UK’s Sustainability Disclosure Requirements for 2024

The UK is gearing up to introduce the Sustainability Disclosure Requirements (SDR) in 2024, marking a significant shift in the Environmental, Social, and Governance (ESG) regulatory landscape. This pioneering legislation is set to standardise how asset owners and managers communicate and market their sustainable investment products. Through a mix of anti-greenwashing rules, investment labelling, and disclosures, the SDR aims to assist investors in making informed choices about sustainable finance products and investments.
Several industry associations voice concerns over AML regulation draft

Several industry associations voice concerns over AML regulation draft

In an industry-wide call to action, several prominent associations have voiced their concerns over the potential consequences of the current draft text of Recital 34 in the Anti-Money Laundering (AML) Regulation.
digital-life-insurer-for-modern-families-secures-funding

Insurer for “modern families” Dayforward acquires Commercial Travelers and bags $25m

Dayforward, a digital life insurance company built for modern families, has acquired Commercial Travelers Life Insurance Company and secured $25m of funding.
How technology elevates investor experience and compliance

How technology elevates investor experience and compliance

The asset servicing industry is currently navigating through turbulent waters, marked by escalating fee pressures, rapid technological advancements, stringent regulations, and a volatile macroeconomic climate.

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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