Industry News

What web 3.0 means for the cross-border payment space

What web 3.0 means for the cross-border payment space

Web 3.0 could transform the way cross-border payments work, allowing money to be transferred more seamlessly.  
Signicat

Signicat unveils no-code platform Mint to shake up digital identity

Signicat, a European platform for digital identity solutions, has pulled the curtains off its groundbreaking new product, Signicat Mint.

FCA Consumer Duty Countdown: Are firms ready?

The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.
ESG

AXA IM names new head of ESG and Sustainability

AXA Investment Managers has appointed Marie Luchet as the new head of ESG and Sustainability at AXA IM Prime.
Tax

Vast majority of tax professionals concerned with employers risk tolerance

Research by Vertex has found a significant trend among global businesses regarding indirect tax compliance.
Sustainability-focused Climate First Bank acquires Ecountabl

Sustainability-focused Climate First Bank acquires Ecountabl

Climate First Bank, which is a full-service, FDIC-insured commercial bank focused on environmental sustainability, has acquired FinTech company Ecountabl.
fraud

How AI and ML are stepping up in the fight against financial fraud

US fraud volumes and losses continue their alarming annual increase, exacerbating an already worrisome trend in the financial sector.
Firmbase

Firmbase secures $12m for advanced financial planning platform

Firmbase, a company that offers a financial planning and analysis platform, has scored $12m in a funding round.
TaxBit

TaxBit bolsters digital asset compliance efforts with investment

TaxBit has secured a strategic investment from IQT a strategic investor for the U.S. national security community and America's allies.
Choosing the right digital wealth management tool for your financial success

Choosing the right digital wealth management tool for your financial success

Digital wealth management tools have surged in popularity, providing individuals with affordable access to professional investment services. However, with a plethora of options available, selecting the ideal platform can be challenging. Here are some crucial factors to keep in mind when making your decision.

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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