Industry News

Visa launches Apple Pay in Vietnamese market

Visa, a world leader in digital payments, has launched Apple Pay in Vietnam. 
ESG

S&P Global discontinues ESG numerical scores amid questions of their relevance

S&P Global has made the decision to stop providing numerical scores to corporate borrowers based on ESG criteria.

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). 
RUSI

RUSI proposes cyberinsurance reforms for enhanced ransomware defence

The RUSI has assessed the nexus between cyberinsurance and ransomware, suggesting a more robust reporting system from victims.
Credgenics

Debt recovery SaaS leader Credgenics secures $50m in Series B

Credgenics, a debt collections SaaS platform specialising in digitising the loan collection process, has raised substantial funding of $50m. 
Kore

Wealth Club invests £2.4m in Kore to aid regulatory transformation

Kore, a RegTech SaaS platform that enables large firms to accelerate regulatory compliance, has secured a significant financial boost.

payabl. secures pivotal UK EMI licence milestone 

Leading European PayTech payable. has announced it has secured an Electronic Money Institution authorisation (EMI licence) in the UK. 
40Seas

40Seas’ seed funding swells to $17m in push for digital cross-border trade solutions

40Seas, an 'Order Now, Pay Later' cross-border digital financing platform, has declared it has secured an extra $6m in their Seed funding.
LLM

Is more education needed on the opportunities and challenges of LLMs and NLP?

The growth of LLM is taking the RegTech industry by storm – and it may have only just scratched the surface of what is possible.
AML

Navigating AML compliance in 2023: A detailed guide for MSBs

MSB have emerged as a crucial part of the financial ecosystem, bridging a gap that once only traditional banks would fill.

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.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution