Industry News

Generative AI has made its mark as a principal concern among enterprise risk executives in Q2 2023, based on Gartner's latest report.

Issuers of green and sustainability bonds are mostly focusing on climate mitigation initiatives to reduce emissions, often at the expense of climate adaptation efforts, a Fitch report has found. 

GEF Capital Partners has announced the successful final close of the GEF LatAm Climate Solutions Fund III, raising R$1.05 billion ($214m).

Howden, renowned for its innovative insurance solutions and speciality expertise, has launched a blended insurance product.

NeuralMetrics, headquartered in Denver, has added Lessor’s Risk Only (LRO) capabilities to its risk-quality data platform.

A recent whitepaper released by Resistant AI discussed why authorised push payment fraud (APP) is the greatest threat to FinTechs today. 

Mnaara, a FinTech specialising in offering investors access to global private funds while complying with Islamic finance principles, has successfully raised $500,000 in a pre-seed round. 

The UK Government has revealed its plans to delve into the use of open banking to foster digital payments across various public services.

Flagright recently detailed how financial industry companies can manage third-party risks in compliance solutions.

AI firm deepset, an enterprise platform focused on building applications with LLMs, has successfully raised $30m in a recent round.