Industry News

Fortegra and Rockwood collaborate to launch tailor-made insurance products for financial institutions

Fortegra Specialty Insurance Company (FSIC), a branch of The Fortegra Group, and Rockwood Programs have announced the creation of bespoke management and professional liability insurance products.

Navigating 2023: 5 priorities for WealthTech innovations

WealthTech is an ever-evolving landscape, with wealth managers perpetually innovating to adapt to client needs. It's absolutely vital for these financial gurus to stay ahead of trends and identify the crucial areas of focus to provide stellar service and maximise client outcomes. As we journey into 2023, let's delve into the top five priorities for wealth managers.
CoinFund

Cryptonative investment firm CoinFund rakes in $158m funding

CoinFund, a cryptonative investment firm, has triumphantly closed a $158m funding round for its CoinFund Seed IV Fund LP.
disclosure

Majority of business leaders optimistic about meeting sustainability disclosure requirements

Honeywell has released a survey stating over 80% of business leaders are confident their firms will comply with disclosure requirements.
fraud

Fraud detection in FinTech: The battle against synthetic identity theft

Flagright recently shone a light on the topic of fraud detection in FinTech, with a battle against synthetic identity theft ongoing.
KYC

Bolstering financial integrity through PEP screening in KYC processes

Moody's Analytics recently took the opportunity to explain how screening for politically exposed persons can strengthen KYC processes. 
national

Biden Administration rolls out first-ever national cyber workforce strategy

The US has recently unveiled the NCWES, which is aimed at addressing immediate and long-term cyber workforce needs.
CVC

Investment manager CVC sets science-based climate goals for 2035

CVC Capital Partners, a global alternative investment manager, has announced a series of new climate-related goals.

SumUp secures New $100m Credit Facility from Victory Park Capital 

Global FinTech SumUp has revealed that it has entered into a new $100m credit facility from Victory Park Capital (VPC). 
ESG

How OWL ESG is revolutionising the ESG data market

OWL ESG seeks to help clients see the most accurate and up-to-date data with transparent and unbiased insights.

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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