Industry News

Position Green and Circura: Pioneering sustainable construction practices

Position Green and Circura: Pioneering sustainable construction practices

Circura, a Nordic conglomerate known for its robust commitment to sustainability, is making significant strides in the construction industry. With a core mission of extending the lifespan of existing buildings, the company integrates Position Green’s software to bolster its Environmental, Social, and Governance (ESG) credentials.
How Custodia's SOC 2 Type II and ISO 27001 certifications enhance data security

Custodia Enhances Data Security

The imperative nature of data security and regulatory compliance in regulated industries cannot be overstated. For organisations handling sensitive information, the pursuit of robust security measures and compliance with stringent standards is non-negotiable.
Persefoni partners with First Street to launch new climate risk solution

Persefoni Launches Climate Solution

Persefoni, a prominent Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, and First Street, a leader in physical climate risk data, have announced a groundbreaking partnership.
PIMFA advocates for delay in SDR rules due to implementation challenges

PIMFA Advocates SDR Rules Delay

The trade association for wealth management, investment services, and financial advice, PIMFA, has urged the Financial Conduct Authority (FCA) to postpone the introduction of Sustainability Disclosure Requirements (SDR) for portfolio management by a year. 
Sidekick unveils new savings account offering record Interest rates

Sidekick unveils new savings account offering record Interest rates

Sidekick, the wealth management platform known for providing services traditionally reserved for the ultra-wealthy, has launched a new savings account designed to significantly enhance how individuals save.
Unveiling IRIS Workspace: SymphonyAI's no-code solution for industrial teams

Unveiling IRIS Workspace: SymphonyAI’s no-code solution for industrial teams

SymphonyAI, a pioneer in predictive and generative enterprise AI SaaS, recently unveiled the IRIS Workspace, a no-code application designed for industrial knowledge workers.
Sonnet to phase out auto insurance in Alberta, continues other services

Sonnet to phase out auto insurance in Alberta, continues other services

Sonnet Insurance Company has declared its intention to exit the auto insurance sector in Alberta after a detailed analysis of its operations within the...
Aim

$18m funding boost for Aim Security to enhance GenAI enterprise security

Aim Security, a cyber firm specialising in the protection of GenAI within enterprises, has successfully raised $18m in a Series A.
ING

ING and Cogo link to offer carbon footprint insight feature for app users

ING has partnered with carbon management experts Cogo to introduce the Footprint Insight feature in its mobile banking app.
Prosper

WealthTech Prosper successfully secures £800,000 from Crowdcube investors

Prosper, a WealthTech startup, has successfully reached its £800,000 funding goal on Crowdcube, even before opening up to public investment.

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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