Monzo eyes £4bn valuation in landmark funding round
Monzo is on the brink of securing a new funding round that could see the British digital bank's valuation soar to approximately £4bn.
AI meets ESG: Transforming sustainability reporting in the corporate world
Greenomy recently took the opportunity to explain AI's transformative role in streamlining ESG reporting for corporates. The Corporate Sustainability Reporting Directive (CSRD) presents unique challenges...
InsurTech CLARK Group acquires Anorak as it expands in UK market
CLARK Group, a global InsurTech, has acquired British start-up Anorak as it continues to expand its presence in the UK market.
Canopius and Falvey Insurance Group to offer inland marine coverage in US
Canopius, a global specialty (re)insurer, has partnered with managing general agent Falvey Insurance Group (FIG) to offer inland marine coverage in the US.
NatWest’s innovative step in Open Banking with “Enriched Transactions” service
NatWest, a digital-focused relationship bank championing potential for the 19 million individuals, families, and businesses they serve in the UK and Ireland, has unveiled their innovative service called Enriched Transactions.
Next Gate Tech lands €8m in Deutsche Börse-backed raise
Next Gate Tech, a provider of technologies for the financial services industry, has raised €8m in an investment round led by DB1 Ventures.
What it means for the UAE nearing the end of FATF grey list journey
In a significant development reported in October 2023, the United Arab Emirates (UAE) is on the cusp of being removed from the Financial Action Task Force's (FATF) "grey list."
Republican-led House of Representatives passes anti-ESG investing rule
The US House of Representatives has approved legislation aimed at blocking a new law allowing the consideration of climate and ESG factors by retirement plan fiduciaries.
Guiding AI development: Four ethical Pillars from the European Commission
In a recent post by RegTech firm Saifr, the firm outlined four ethical principles by the European Commission for developing trustworthy AI.
WealthArc: Streamlining FIDLEG Compliance for FinTech Firms
WealthArc, a major player in the WealthTech industry, has recently highlighted key components of the Financial Services Act (FinSA) or FIDLEG compliance and how its platform aids companies to meet the Swiss Financial Market Supervisory Authority's (FINMA) expectations.
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