Industry News

One Inc Partners with Safety Insurance Group to Transform Claims Payment Experience

One Inc, the premier digital payments network in the insurance sector, has announced its collaboration with Safety Insurance Group (Safety) to revolutionise the customer experience and introduce instant claims payment functionality.

Central Insurance partners with Shift Technology to enhance subrogation detection

Shift Technology, a leading supplier of AI-driven decision automation and optimisation solutions for the international insurance industry, has announced that Central Insurance will be extending the use of their technology to incorporate Shift Subrogation Detection.

A fusion of forces: KYND and MDS partner up to navigate the dynamic digital...

In a progressive move towards amplified cyber risk management, KYND, renowned for its advanced cyber risk management technology, has announced a partnership with MDS, a Portugal-based Lloyd’s broker extending into the world's largest specialised insurance market.
Mountain Wolf

Mountain Wolf teams up with iDenfy to streamline crypto compliance

Lithuania-based iDenfy has partnered with global cryptocurrency and digital payment service provider Mountain Wolf.
Google

Google fuels cybersecurity sector with $20m educational boost

Google has committed more than $20m to aid cybersecurity clinics at 20 higher educational institutes across the US.
euro

EU pushes for a digital euro amid evolving payment trends

The EC today introduced two proposals aimed at enhancing the use of both physical and digital forms of the euro across the euro area.
FCA

FCA reveals greenwashing concerns in the sustainability-linked loan market

The FCA has addressed concerns over market integrity in the SLL market, warning about potential greenwashing practices.
AXA

AXA pioneers green transition with ambitious decarbonisation targets

AXA has announced a string of decarbonisation targets for its investment and insurance activities in a bid to combat climate change.
MAS

Singapore’s MAS launches Veritas Toolkit 2.0 for responsible AI in FinTech

Singapore's MAS presented a cutting-edge, open-source tool for encouraging the ethical utilisation of AI within the financial sector.
AlloyX

DeFi platform AlloyX secures $2m pre-seed round

AlloyX, a platform in the DeFi sector that specialises in aggregating tokenised credit, has bagged $2m and launched a new product. 

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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