Industry News

Shaping the future of US hurricane reinsurance: Kettle’s partnership with Reask

Leading ClimateTech firm Reask has announced its partnership with the innovative InsurTech MGA Kettle.
Metatime

Metatime raises $25m investment to propel blockchain ecosystem expansion

Metatime, a prominent blockchain technology company, has successfully secured a total investment of $25 million.
ESG

US Republicans initiate fresh clampdown on ESG investing in retirement portfolios

US Republican congressmen have proposed a new legislation, the ESG Act, intended to restrict ESG investing in retirement funds.
CBDC

Bank of Italy and associates embark on CBDC pilot

The Bank of Italy has revealed it is spearheading an innovative project to explore the potential of a CBDC.
FundMiner

FundMiner’s AI-driven advancement tech gains $1.725m in funding round

FundMiner, a platform designed to enhance the operations of fundraising organisations, has secured $1.725m in a financing round.

UK investors embrace AI: 73% trust ChatGPT for future financial advice

A new report from the Investor Index uncovers significant shifts in investor behaviour and attitudes in the UK, highlighting the growing trust in AI-driven...
Sumsub fights deepfake menace with enhanced detection technology

Sumsub fights deepfake menace with enhanced detection technology

Sumsub, a prominent player in the anti-fraud industry, continues to strengthen its position, announcing the launch of an enhanced deepfakes detection tool.
SmartMetric's biometric technology powers new era for Visa and MasterCard

SmartMetric’s biometric technology powers new era for Visa and MasterCard

SmartMetric, a pioneer in the development of biometric credit cards, has recently celebrated the adoption of its advanced security technology by leading payment networks, Visa and MasterCard.
funding

Quiet week for FinTechs with 23 funding raises recorded

FinTech funding rounds recorded by FinTech Global were down from 34 to 23 this week, with $303m raised in total. 
EBA

Money laundering concerns in the EU: EBA’s plan for boosting AML/CFT measures

In a recent post by Fenergo, the company outlined how a recent report by the EBA is changing payments in the European Union. 

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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