Industry News

Mercury

Mercury Financial secures $200m for its credit card business expansion

The credit card provider for middle-class Americans, Mercury Financial, has announced the successful closure of a $200m debt facility.
SEC

Push for transparency: SEC demands FinTech firms disclose cyber incidents

The SEC has recently enforced new rules requiring registered entities to divulge significant cyber incidents.

DistriBind: Powering data visibility for competitive advantage in the insurance sector

The significance of data visibility in the insurance sector is often underestimated. For companies hoping to maintain a competitive edge, robust data monitoring and management are critical, especially given the sheer volume of data they handle. Recognising this challenge, distriBind offers an innovative visibility solution that is setting new standards in the industry.
business

Navigate complex business environments with end-to-end process visibility

Ian Philips, the Global Business Dev Head of DRYiCE iControl, explained how to untangle decision-making with business flow observability.
Trustmi

Cybersecurity firm Trustmi bolsters payment security with $17m funding

Trustmi, a cybersecurity-focused FinTech firm, today celebrated its global launch, aiming to revolutionise business payment security.
Cyclops

Contextual cybersecurity platform Cyclops secures $6.4m seed

Cyclops, a FinTech firm in the cybersecurity sector, recently announced its successful emergence from stealth.
ESG

Regulatory pressure fuels a boom in the ESG reporting software market

Rising regulatory demands and stakeholder pressure are prompting a surge in demand for ESG reporting and data management software.
ESG

US Republicans on the offensive against ESG investing and reporting

US Republicans have unveiled a slew of legislation aimed at curbing the influence of ESG initiatives on financial and capital markets.
IFRS

Major step in sustainability reporting as IOSCO endorses new IFRS standards

The IOSCO has recently formally endorsed the new IFRS standards on sustainability and climate-related disclosure.
Harnessing FinTech for sustainable power: a guide to Scope 2 emissions reporting

Harnessing FinTech for sustainable power: a guide to Scope 2 emissions reporting

In a world increasingly conscious of the environmental impact of business operations, reporting electricity usage is now a crucial part of corporate responsibility. Compliance with the Greenhouse Gas Protocol demands clear documentation of purchased electricity, a challenge Position Green seeks to simplify with a best practice approach.

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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