Industry News

Neo

FinTech Neo marks €10bn milestone amidst banking diversification wave

Neo disclosed today that it has successfully cleared over €10bn through its innovative corporate multi-currency accounts. .
EMIR

How will the new EMIR REFIT reporting requirements impact the EU and the UK...

Earlier this year, the European Securities and Markets Authority (ESMA) published the final reporting validations for EMIR REFIT.
Infosys

Infosys, Economist Impact unveil value chain navigator to tackle emissions

Infosys and Economist Impact, a division of the Economist Group, has unveiled a novel platform known as the Value Chain Navigator (VCN)
Northwestern Mutual drives diversity with new Black Founder Accelerator

Northwestern Mutual drives diversity with new Black Founder Accelerator

Northwestern Mutual, a financial services stalwart with a legacy spanning over 165 years, is again setting its sights on empowering Black entrepreneurs. Known for its comprehensive financial planning approach and an impressive asset management record, the company continues to make strides in creating a more inclusive financial ecosystem.
MEPs

Over 40 MEPs move against new EU sustainability reporting rules

MEPs have advocated for the replacement of the established ESRS with a more simplified set of sustainability disclosure requirements.
BankTech

$13.5m poured into FinTechs by BankTech Ventures to aid community banking

BankTech Ventures has revealed its sustained dedication to forging brighter futures for community banks with recent investments.
Singapore

Singapore banks’ enhanced security nets $57.6m in scam prevention

The ABS has declared the advanced security measures taken by significant retail banks in Singapore are proving effective against scams.
AI

President Biden champions AI safeguards with executive order

President Joe Biden is poised to sign an executive order necessitating the development of safety and security standards for AI.
SFC

SFC and ICMA collaboration paves the way for global ESG ratings standards

The HK SFC is sponsoring the International Capital Market Association (ICMA) to form a dedicated working group on ESG.
Nymbus

Nymbus and DataVisor link for fraud management in digital banking

Nymbus, a front-runner in cloud-based FinTech solutions, has entered a strategic alliance with DataVisor, a fraud and risk management platform.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

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