Industry News

CBDC

Turkish central bank concludes first CBDC test transactions

The Central Bank of the Republic of Türkiye (CBRT) has run its first test transactions on the digital Turkish Lira CBDC network.
The 4 pillars of future financial crime compliance

The 4 pillars of future financial crime compliance

In the ever-changing world of risk management, where the challenges are formidable and constantly evolving, the role of risk executives and their teams is more vital than ever. The cornerstone of this ecosystem, financial crimes compliance, requires not just vigilance but also a forward-thinking approach to innovation.
Berkshire-Hathaway-levels-up-leadership-team-with-new-appointments

Berkshire Hathaway bolsters leadership team

Berkshire Hathaway Specialty Insurance (BHSI) has made a series of leadership appointments in its UK executive and professional lines business.
GIFT

Intellect Design Arena launches revolutionary AI centre in GIFT City

Intellect Design Arena has announced the opening of its AI-led innovation centre in GIFT City, a epicentre of Global Finance and IT in India. 
Modern-Life-joins-forces-Pacific-Life-tech-enables-life-insurance-brokerages-to-boost-sales

Modern Life and Pacific Life combine services to boost sales

Modern Life, a tech-enabled life insurance brokerage, has partnered with Pacific Life Insurance Company to boost life insurance sales.
Onfido unveils compliance suite: Streamlining global identity verification

Onfido unveils compliance suite: Streamlining global identity verification

Onfido, a global pioneer in automated identity verification, has launched the Compliance Suite to address the pressing need for a unified identity verification solution.
Insurity-launches-analytics-feature-to-boost-P&C-carriers'-efficiency

Insurity launches analytics tool to boost P&C carriers’ efficiency

Insurity, a provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, has launched an analytics feature to improve P&C carriers’ efficiency.
Navigating the EU AI Act: A strategic guide for AML and fraud prevention in banking

Navigating the EU AI Act: A strategic guide for AML and fraud prevention in...

The upcoming Artificial Intelligence (AI) legislation, notably the European Parliament's Artificial Intelligence Act, is poised to redefine the regulatory landscape for financial institutions. Touted...
The-past-present-and-future-of-insurance-risk-management-risk-control-technologies

The past, present and future of insurance risk management

The insurance risk management industry has undergone seismic changes in recent years. Where once companies viewed loss control as a means to achieve process efficiency, it has since become much more far-reaching.
Fineksus revolutionises AML compliance with new Inspector API launch

Fineksus revolutionises AML compliance with new Inspector API launch

Fineksus, a trailblazer in the FinTech sector, has launched the Inspector API,  offering an advanced, cost-effective solution for Anti-Money Laundering (AML) Name Screening.

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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