Industry News

Volante Global strengthens Asian presence with launch of Volante Singapore

Volante Global, an international MGA & Lloyd’s Syndicate specialising in multi-class, multi-territory underwriting, has recently announced the debut of Volante Singapore.
Resistant AI

Boost to the financial crime battle as Resistant AI raises $27.6m

Resistant AI, a company leveraging AI and machine learning to secure financial services, has declared the expansion of its Series A funding.
Unpacking the SEC climate disclosure rule: a shift towards sustainability reporting

Unpacking the SEC climate disclosure rule: a shift towards sustainability reporting

Position Green's Managing Director in the USA, Jason Stanley, has shed light on the intricate details of the US Securities and Exchange Commission's (SEC) newly proposed climate disclosure rule, explaining its far-reaching implications on US and foreign private issuers.

Ramp acquires AI pioneer Cohere.io to revolutionise FinTech services

FinTech firm Ramp has announced the acquisition of Cohere.io, a leading AI-powered customer support platform.
corporate

Navigating the UK corporate governance code: Crucial insights for compliance

In a recent post by Diligent, the company outlined the essential guidance to help companies comply with the UK corporate governance code. 
How Ziina leveraged Flagright to reinvent its AML and fraud prevention protocols

How Ziina leveraged Flagright to reinvent its AML and fraud prevention protocols

Ziina, under the strategic leadership of their Head of Compliance and AML, Leonardo Correa, has adopted the groundbreaking platform of Flagright to revolutionise their AML compliance strategies and fraud prevention procedures.
Checkout.com

Checkout.com unveils optimisation engine to boost merchant revenue

Checkout.com has launched Intelligent Acceptance, its latest product designed to optimise acceptance rates and aid merchant revenues.
emails

JPMorgan faces $4m SEC fine over accidental deletion of vital emails

JPMorgan Chase, has been hit with a $4m fine from the SEC for the inadvertent deletion of 47 million emails.
Raincoat

Raincoat harnesses $6.5m to accelerate climate disaster insurance

Raincoat, a firm tackling the challenge of providing scalable climate insurance solutions, has announced additional seed funding of $6.5m. 
AdvisorCheck

$1.8m funding boost for AdvisorCheck to enhance trust in financial advisors

AdvisorCheck, a platform offering comprehensive data and transparency tools to investors vetting financial advisors, has raised $1.8m.

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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