Industry News

transactions

Exploring the hidden risks in the era of real-time transactions

Flagright recently widely explored the hidden risks in the era of real-time transactions in the financial world. 
ransomware

Ransomware on the rise: Cohesity’s research exposes UK firms’ security vulnerabilities

Cohesity has found a trend among firms relying on ransomware payouts and cyber insurance as a solution to their cyber weaknesses.
CLARA

CLARA Analytics, OPEX Consultants join forces to revolutionise InsurTech in APAC

CLARA Analytics has recently joined forces with OPEX Consultants, a renowned Australian insurance consulting firm.
Bureau

Fraud prevention platform Bureau closes Series A with extra $4.5m boost

Bureau, an identity decisioning platform designed for fraud prevention and compliance management, has bagged an additional $4.5m.
AI

Why AI has a transformative role in decoding beneficial ownership structures

The role of AI has ballooned in recent years, and the recent introduction of GenAI platform ChatGPT has seen the sector soar further.
8 essential steps to assess and enhance your sustainability reporting

8 essential steps to assess and enhance your sustainability reporting

Effective sustainability reporting is an essential factor for organisations prioritising their environmental impact. To enhance the effectiveness of this process, it's important to thoroughly assess each reporting period. The following steps provide a practical guide to gather crucial insights, identify strengths, and enhance future sustainability reporting practices.
customer

Protecting customer data: The backbone of trust in financial services

In a recent post by Flagright, the company outlined the importance of securing customer data in the financial sector. 
SKYPLAY

LDA Capital bets $10m on SKYPLAY’s blockchain gaming rise

SKYPLAY, a gaming platform provider, has secured a sizeable investment of $10m from global investment firm LDA Capital Limited.
Ethena

DeFi startup Ethena emerges from stealth with $6m funding

DeFi startup Ethena has successfully raised $6 million in a seed funding round, as it aims to revolutionize bond trading on the blockchain.
Narval

Narval clinches $4m seed round to reinvent web3 wallet use

French start-up, Narval, has proudly recently declared a successful $4m seed round to reinvent web3 wallet use. 

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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