Industry News

sustainability

EU Commisssion unveils final sustainability reporting standards

The EC has adopted the European Sustainability Reporting Standards (ESRS), significantly expanding the scope of sustainability reporting.

Tietoevry enters the top 1% globally for sustainability

Facing global challenges like climate change, resource scarcity, a rising elderly demographic, escalating urbanisation, and increased disparity among nations, Tietoevry regards sustainability as not...
Plerion

Aussie cybersecurity startup Plerion secures $10m seed funding

Cyber startup Plerion, founded by industry veterans Mike Rahmati, Paul Garner, and Pierre Liddle, has recently closed a $10m seed round. 
national

Biden Administration rolls out first-ever national cyber workforce strategy

The US has recently unveiled the NCWES, which is aimed at addressing immediate and long-term cyber workforce needs.
fraud

How explainability is reshaping fraud detection in the financial sector

AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.

Navigating the US ESG Landscape: A Guide to Sustainable Growth and Transparency

Within the United States, the adoption of Environmental, Social and Governance (ESG) reporting has gained substantial momentum. ESG FinTech company Position Green recently took a deep dive into the current state of the space in the US.
vendor

Why leveraging vendor management best practices are key for risk and resilience

ViClarity recently explained why the leveraging of vendor management practices can provide key benefits around risk and resilience. 
Bloom Money

FinTech Bloom Money raises £1M to digitalise finance for ethnic communities

Bloom Money has raised £1m to digitalise an informal financial management system employed by ethnic communities across the world. 
IBA

IBA report sets a global benchmark for cybersecurity best practices

A report from the International Bar Association (IBA) provides unprecedented insights into best governance practices against cyber risks.
QBE

QBE North America and Converge launch cyber insurance program

QBE North America has launched a new cyber insurance program with Converge, a new MGA that will act as program administrator. 

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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