Industry News

Blink's-parametric-claims-step-up-amid-travel-chaos-US

Blink’s parametric claims step up amid travel chaos in US

InsurTech Blink Parametric protected over 60,000 Canadian and US travellers over the holiday period, which saw severe travel disruption as a result of weather conditions.

ServiceNow and Guidewire join forces to revolutionise the insurance experience

ServiceNow, an enterprise cloud computing company, and Guidewire, an InsurTech provider, have come together to enhance insurance experiences.
compliance

Navigating new regulations: A proactive approach to compliance in FinTech

Maintaining a strong compliance program is a continuous effort. To stay on course, it’s crucial to proactively monitor regulatory changes.
NAB

Australians warned by NAB about soaring scams in online sales platforms

New NAB data indicates a trend among Australians selling second-hand items on platforms such as Facebook Marketplace and Gumtree.
Is the ESG FinTech sector growing fast enough?

Is the ESG FinTech sector growing fast enough?

While environmental, social, and governance (ESG) have quickly become important factors in discussions about innovation, is the sector growing quickly enough in the FinTech world?
ownership

Seven key insights into the US’s beneficial ownership reporting requirements

In a stride towards combating financial crimes, the US introduced the CTA, designed to peel back the layers of secrecy often associated with business entities.
allianz-trade-expands-footprint

Allianz Trade expands footprint

Allianz Trade, a leading trade credit insurer, is expanding it Excess of Loss (XoL) footprint in Germany, Singapore, Spain and Brazil.

Vesttoo announce interim CEO amidst fraud scandal, liquidate collateralised insurer 

Israeli FinTech Vesttoo has named Ami Barlev as its Interim CEO and closed a collateralised insurer amidst its fraud scandal. 
Neo

FinTech Neo marks €10bn milestone amidst banking diversification wave

Neo disclosed today that it has successfully cleared over €10bn through its innovative corporate multi-currency accounts. .
Q2

Adapting to the changing US regulatory landscape: Highlights from Q2

In a recent post by Saifr, the company outlined some of the key regulatory changes in the US during the Q2 of 2023.

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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