Industry News

Nav

Nav bolsters small business finance ecosystem with Tillful acquisition

Nav, a prominent player in the small business financial health platform, has officially announced its acquisition of Tillful.
ESG

ESG climbs to second top priority for procurement execs globally

ESG has emerged as the second top priority for procurement executives globally, according to a Deloitte survey.

The US-Hungary Tax Convention Termination: Unpacking its Implications for Financial Institutions

The US Treasury recently made a significant announcement concerning its diplomatic ties with Hungary. On 8 July 2022, the United States notified Hungary that...

Navigating ESG regulations: A roadmap for financial institutions

Today's financial landscape is rapidly evolving, with Environmental, Social, and Governance (ESG) factors gaining a pivotal role. As the sustainability and responsible investing frontiers broaden, financial institutions (FIs) find themselves in a crucial position to respond proactively to the escalating challenges posed by ESG.

Transforming insurance pricing through decision intelligence

Understanding and effectively applying pricing decision intelligence is pivotal in improving profitability for insurers. Despite its significance, the industry grapples with successfully transforming their...
DWS

DWS debuts its US Green Infrastructure Select Equity ETF

DWS Group, a renowned global asset manager, has introduced the Xtrackers U.S. Green Infrastructure Select Equity ETF.
The future of specialty insurance: Unpacking the digital challenges and opportunities

The future of specialty insurance: Unpacking the digital challenges and opportunities

In the late 17th century, Edward Lloyd set up his famous coffee house in London's Tower Street, laying the groundwork for modern insurance. Fast forward almost 350 years and insurance, now a $6tn industry, has evolved drastically. However, specialty insurers today grapple with unprecedented challenges. This article will delve into these emerging issues and technological advancements driving industry transformation.
ACCC

Australia’s ACCC draws a line in the sand against corporate greenwashing

The ACCC has revealed draft guidelines designed to enhance the reliability of green claims made by businesses.
cybersecurity

Stumbling blocks ahead for White House’s national cybersecurity plan

The Biden administration has unveiled its national cybersecurity strategy against increasing cyber threats.
Euronext

Euronext launches climate-focused indices supporting Paris Agreement goals

Euronext, the prominent European market infrastructure provider, has made waves today by unveiling two novel indices.

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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