Industry News

Nada

Nada secures fresh investment to propel home equity innovations

Nada, an investment tech platform that connects homeowners with investors, has secured funding and welcome a new CEO and president, Tore Steen.
YourSix

YourSix secures $10.5m in Series A to bolster cloud security innovation

YourSix has announced a successful $10.5m Series A funding round led by Vocap Partners, with additional participation from Eastside Partners.
Finding the right RegTech partner for you – Part 2

Finding the Right RegTech Partner

The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams.
Comyno is pleased to partner with Avaloq on this forward-thinking securities financing solution. Our expertise in crafting intuitive software solutions for the securities finance market, especially with our C-One platform, aligns perfectly with the project's goal to foster a more interconnected and liquid financial ecosystem. This collaboration highlights the strength of Avaloq's robust core banking platform in tandem with our C-One frontend, forming an exemplary union that promises to redefine the market's infrastructure and operational efficacy.”

New partnership between Avaloq and Comyno revolutionizes securities financing with advanced technology

Avaloq and Comyno have embarked on a significant partnership by launching a pre-integrated securities financing solution.
Apex Group and ACA team up to boost global client services with strategic partnership

Apex Group & ACA Boost Services

Apex Group, a prominent financial services business, and ACA Group (ACA), a leader in governance, risk, and compliance advisory in financial services, have joined forces to expand their service offerings through a strategic partnership.
sanctions

Navigating sanctions screening challenges in the FinTech landscape

Ensuring compliance with sanctions screening is pivotal in risk management for globally operating businesses.
How Generative AI transforms ESG data into sustainable investment success

How Generative AI transforms ESG data into sustainable investment success

In the evolving landscape of sustainable investing, Generative Artificial Intelligence (AI) is becoming a cornerstone for improving Environmental, Social, and Governance (ESG) frameworks.
Custodia

RegTech leader Custodia achieves pivotal SOC 2 Type II recertification

Custodia has retained its SOC 2 Type II compliance under the American Institute of Certified Public Accountants (AICPA) standards.
Compliance

Financial firms grapple with WhatsApp compliance amid regulatory pressures

Global Relay has recently published its second annual Industry Insights Report: Compliant Communication 2024.
AccountsIQ

Cloud-based finance leader AccountsIQ secures €60m Series C investment

AccountsIQ, a prominent player in the cloud-based accounting software arena, has successfully closed a €60m Series C funding round.

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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