Industry News

corporate

How firms can harness the power of corporate governance

In a recent post by Diligent, the company outlined eight key ways that companies can harness the power of corporate governance. 
Carlyle

Carlyle Group’s majority acquisition of Anthesis fuels sustainability pursuit

The Carlyle Group has recently acquired a majority stake in Anthesis, a prominent sustainability advisory and solutions firm.
BBVA

BBVA launches financial crime prevention unit to aid customer protection

BBVA, a leading Spanish banking group, has recently unveiled its new global financial crime prevention unit.
IP Fabric

Automated network assurance pioneer IP Fabric bags $25m

IP Fabric, a market frontrunner in automated network assurance, has successfully procured $25m in a Series B funding round.
risk

Will the CRO or risk manager become a fundamental executive position?

In the ever-evolving digital age, the need to manage risk has become ever more present – with more avenues than ever for it to take. 
Penfold

Penfold seeks to simplify pension administration with new platform

Penfold has announced the launch of Penfold Platform, specifically designed to cater to the needs of accountants.
AXA

AXA IM Alts welcomes Laurent Lavergne as global head of sustainability

AXA Group’s alternative investments business, AXA IM Alts, has named Laurent Lavergne as its Global Head of Sustainability.
SMEs

Study finds lack of finance is forcing 40% of SMES to halt, pause operations

Manx Financial Group has found 40% of SMEs have had to pause or stop aspects of their business due to a lack of financial resources. 

AI insurer Lemonade partners with General Catalyst to accelerate growth through Synthetic Agents

New York-based Lemonade, an AI-powered InsurTech firm with a strong emphasis on social impact, recently announced a significant partnership with General Catalyst (GC), a reputable venture capital firm and one of Lemonade's initial backers.

Zendrive and Autio join forces: Changing the game for auto insurance and audio entertainment

Leading driving safety analytics firm, Zendrive, has announced a strategic partnership with Autio, the unique location-based audio entertainment app. This innovative alliance pairs compelling audio stories with the concept of safer driving, delivering a distinctive, engaging experience for drivers on the road.

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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