Industry News

PSD2 compliant payments startup Ryft receives FCA licence

PSD2 compliant payments startup Ryft receives FCA licence

PSD2 compliant payments system Ryft has received an authorisation licence from the UK’s Financial Conduct Authority (FCA) allowing it to become a regulated payment facilitator.
cybersecurity

ISC2 study reveals alarming ongoing cybersecurity workforce shortage

The recent study by ISC2, a non-profit organization, has highlighted a significant issue in the cybersecurity sector.
KYC

The ultimate KYC checklist: Ensuring compliance in FinTech

In today's increasingly complex financial landscape, the importance of Know Your Customer (KYC) compliance cannot be overstated.

Armis acquires Silk Security for $150m to enhance cybersecurity capabilities

Armis, the asset intelligence cybersecurity firm, has officially acquired Silk Security, a cyber risk prioritization and remediation platform.
KYC

Is the overtake of KYC by pKYC inevitable?

KYC practices have been long used in the financial sector. with fraud and financial crime more prevalent than ever, is pKYC the next step?
Sandbox

Sandbox Banking lands $4.3m in seed funding haul

Sandbox Banking, a FinTech building a low-code integration platform for banking, has raised $4.3m in seed funding.
Aviva

Aviva welcomes Jason Storah and Tracy Garrad in pivotal CEO roles

Aviva has appointed Jason Storah as CEO of UK & Ireland General Insurance, and Tracy Garrad as CEO of Aviva Canada. 
EU

How new EU regulations will change MiFIR reporting

The recent separation of the UK from the EU has set the stage for regulatory divergence between the two jurisdictions.
goosehead-insurance-and-vivint-smart-home-team-up-to-enhance-home-insurance

Goosehead Insurance and Vivint Smart Home team up to enhance home insurance

Goosehead Insurance, an independent personal lines insurance agency, has partnered with Vivint Smart Home, a leading smart home company in the US, to enhance home insurance solutions.
AI

Ethical AI in financial due diligence: Navigating risk and responsibility

In an era dominated by technology and innovation, AI has emerged as a transformative force across various industries, including finance.

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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