Industry News

uk-fintech-giant-revolut-records-first-full-year-of-profitability

UK FinTech giant Revolut records first full year of profitability

UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.
Dropzone

Dropzone AI secures $16.85m in Series A to boost cybersecurity operations

Dropzone AI, a pioneering cybersecurity company, has successfully secured $16.85m in Series A funding round.
Can blockchain and GDPR harmoniously coexist?

Can blockchain and GDPR harmoniously coexist?

Navigating the intricate relationship between blockchain technologies and data protection regulations, especially the General Data Protection Regulation (GDPR), has proven challenging. OMNIA has explored how blockchain and GDPR can work together. 

Ziina bags $22m Series A to enhance digital financial solutions in the UAE

Ziina, the UAE’s premier financial platform, today announced a successful $22m Series A funding round.
Central Bank of Cyprus embraces digital transformation with Aqubix's KYC Portal CLM

Central Bank of Cyprus embraces digital transformation with Aqubix’s KYC Portal CLM

The Central Bank of Cyprus (CBC) has taken a significant step towards modernising its banking sector by awarding a tender to a joint venture between Aqubix and Infocredit Group.
climate

EU financial regulators to carry out financial system climate stress test

The EU’s financial regulators are planning to carry out a system-wide analysis of the financial sector’s climate-related risk resilience.
SendBlocks

SendBlocks emerges with $8.2m to transform blockchain data access

SendBlocks, a trailblazer in the blockchain data management sector, has successfully secured $8.2m in seed funding.
How to streamline ESRS reporting with efficient ESG software

How to streamline ESRS reporting with efficient ESG software

The importance of an effective implementation of the European Sustainability Reporting Standards (ESRS) cannot be overstated for organisations. This is key in demonstrating their...
Monzo eyes £4bn valuation in landmark funding round

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.

Akur8 partners with Canal Insurance for state-of-the-art Risk and Rate Modelling

Akur8, the creator of next-generation insurance pricing solutions employing transparent machine learning, has teamed up with Canal Insurance Company, a leading commercial insurance provider.

News Stories

Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
video

What are the main concerns financial institutions should have around using AI?

As financial institutions look to increase their adoption of artificial intelligence (AI), they need to ensure they are able to trust the technology. These AI tools can have gain access to sensitive data and if the correct measures are not implemented, can cause a myriad of problems. 

Candriam launches ESG Market Neutral Fund targeting sustainability leaders

Candriam, a sustainability-focused asset management firm, has announced the launch of its new fund, the Candriam Equities L ESG Market Neutral Fund.
SEB

SEB launches global fund focused exclusively on sustainable investments

SEB has unveiled the SEB Global Sustainable Companies Fund, an index-linked global investment fund dedicated solely to sustainable companies.

American Sustainable Business Council takes on Texas in ESG lawsuit

The Texas legal landscape is heating up as the American Sustainable Business Council (ASBC), a champion for sustainable business practices, has filed a lawsuit against the state to overturn Senate Bill 13.

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