Industry News

Tietoevry

Tietoevry Banking invests in advanced card personalization site in Riga

Tietoevry Banking has announced the expansion of its card personalization services in Riga, enhancing its global FinTech capabilities.
WealthOn

Polish FinTech firm Wealthon secures $12.3m from CVI for SME support

Wealthon, a Polish FinTech firm, has successfully secured debt financing of $12.3m from funds managed by CVI Dom Maklerski.

NPCI joins forces with Peru Central Bank to launch UPI-based payments system

NPCI International Payments Limited (NIPL) has partnered with the Central Reserve Bank of Peru (BCRP), the primary monetary authority in Peru. According to India Technology...
Navigating risks in wealth management: A balanced approach

Navigating risks in wealth management: A balanced approach

Wealth management is not just about augmenting capital—it’s equally about safeguarding it. In an era where market fluctuations can be swift and severe, the essence of wealth management lies in its dual approach: growth and security. This balance is maintained through meticulous risk management strategies, which play a pivotal role in helping clients achieve their financial goals while minimizing potential risks.
Danelfin

Danelfin raises €2m to revolutionise retail stock picking with AI technology

Danelfin, a firm that leverages AI to enhance stock selection and portfolio management for retail investors, has secured €2m.

New partnership between BIS and MAS targets climate risks in finance

The Bank for International Settlements (BIS) and the MAS have recently collaborated on an innovative initiative.
Wells Fargo boosts ExchangeRight with $75m credit, enhancing REIT's financial agility

Wells Fargo boosts ExchangeRight with $75m credit, enhancing REIT’s financial agility

ExchangeRight, a leader in diversified real estate DST and REIT investments in the United States, recently announced a significant financial development.
How mortgage software transforms loan origination and customer service

How mortgage software transforms loan origination and customer service

In the rapidly evolving mortgage industry, technology plays a crucial role in enhancing efficiency, streamlining operations, and improving client experiences. Mortgage software has become a...
document

Unlocking the secrets to effective document fraud detection

RegTech firm Resistant AI will host a webinar on July 11 on the principles for success for the successful fighting against document fraud. Previously in...
FCA's Market Watch 79 highlights data and algorithmic issues in surveillance

FCA’s Market Watch 79 highlights data and algorithmic issues in surveillance

The Financial Conduct Authority (FCA) has reminded firms about the significance of data integrity and algorithmic governance in market abuse surveillance tools, as outlined in its Market Watch 79.

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.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution