Industry News

OPEN

Axis Bank links with Open to unveil digital-only business current account

Axis Bank, an Indian bank, has teamed with digital banking enterprise OPEN to provide a fully-native digital current account journey for its customers.

New Zealand’s central bank unveils climate risk management blueprint for finance

The Reserve Bank of New Zealand – Te Pūtea Matua has taken a significant step towards fostering a stable financial system in New Zealand with the publication of a new Guidance aimed at helping regulated entities manage climate risks.
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.
pKYC

Revolutionising banking with pKYC: The future of client verification

In a recent post by Encompass Corporation, the company asked whether pKYC (perpetual KYC) will replace traditional KYC refresh processes?
Duck-Creek-Technologies-to-be-acquired-by-Vista-Equity-partners-intelligent-solutions-provider-P&C-insurer

P&C insurance solutions provider Duck Creek to be snapped up by Vista Equity Partners

Duck Creek Technologies, an intelligent solutions provider looking to define the future of property and casualty (P&C) insurance, is to be acquired by Vista Equity Partners.
Euronext

Euronext unveils sustainable investment tools and ESG issuer profiles

Euronext, European market infrastructure provider, has stepped up its commitment to sustainability by introducing new ESG tools.
UC

Adapting to the cloud: How UC platforms are transforming workplace collaboration

Organizations are increasingly leveraging cloud-based unified communications (UC) platforms, ushering in a new era of collaboration.
ASIC

ASIC unveils urgent need for better cyber resilience in Australian firms

Australian regulator ASIC has issued a stark warning to organisations to ramp up their cyber security measures.
KYC

Can automated KYC help with financial inclusion?

Know Your Customer processes have been a long-standing aspect of the onboarding process - but are automated KYC processes coming?
Navigating the wealth management shift Retail Investors are the new goldmine

Navigating the wealth management shift: Retail Investors are the new goldmine

The transformation in the wealth management landscape is undeniable. To achieve consistent double-digit growth in this maturing industry, the focus must shift towards retail investors. These investors are a vast reservoir of opportunity, yet they present a set of challenges that many in the wealth management realm may find unfamiliar.

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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