Industry News

Stripe

Stripe appoints industry veteran Steffan Tomlinson as CFO

Stripe, a financial infrastructure platform for businesses, has revealed Steffan Tomlinson will be stepping into the role of CFO.
application

Transforming KYCP application completeness: A leap in RegTech UX

A significant upgrade has been introduced to KYC Portal's application completeness feature, aiming to enhance the user experience.
AI

Navigating the complexities of AI adoption in the AML space

In a recent post by Moody's Analytics, the firm asked three key questions about driving efficiency with AI-powered screening.
emojis

Emojis and Securities law: How a simple emoji triggered a legal battle

Emojis, while being a widespread form of modern expression, can potentially cause legal problems for firms.
sustainability

UK government unveils groundbreaking sustainability disclosure standards

The UK government will establish UK SDS that will enable firms to report on sustainability and climate-related risks.
CVC

Investment manager CVC sets science-based climate goals for 2035

CVC Capital Partners, a global alternative investment manager, has announced a series of new climate-related goals.

Data Lakes: Transforming ESG reporting amid tightening regulations

As the European Union’s (EU) environmental, social and governance (ESG) reporting requirements become increasingly stringent and frequent, companies are grappling with how to keep up. ESG and sustainability reporting software developer Greenomy has delved into how data lakes can help companies improve their ESG data management, leading to improved compliance processes.

Revolut partners with Game4Ukraine to fundraise for reconsruction of Ukrainian school

Revolut has partnered with Game4Ukraine to help raise funds for the reconstruction of a Ukranian school that was struck by missiles in the war
KYC

Streamlining compliance with KYC Portal CLM: A single customer view solution for global entities

KYC Portal CLM has developed an approach that centres on the single customer view, streamlining the process of handling data.
Resistant AI

How Resistant AI is leading the way in anomaly detection

Resistant AI, a company founded in 2019, employs machine learning techniques to safeguard financial services from fraud,

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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