Industry News

X1

Robinhood expands into credit sector with $95m acquisition of X1

Robinhood, a stock trading app, has struck a deal to acquire X1, an innovative credit card startup, for a significant $95m cash settlement.
Addressing financial crime with risk management

Addressing financial crime with risk management

The Financial Conduct Authority (FCA) has recently demonstrated their commitment to holding reluctant firms accountable in a speech titled 'Doing the right thing'.
EIB

EIB pioneers digital green bond with blockchain platform

The European Investment Bank (EIB) has recently set a new milestone by issuing its first-ever digital green bond.
DOJ

DOJ ups the ante in cyber warfare by inaugurating dedicated cybercrime unit

The US DOJ has announced the establishment of a new cyber-focused section, known as the National Security Cyber Section.

The 4 key advantages of adopting cloud-native platforms in insurance

As our digital landscape continually evolves, the prominence of cloud technology in businesses has soared. This surge is a sharp contrast to past reservations about adopting cloud technology. Today, it's increasingly rare to find a technology vendor that doesn't offer cloud-based solutions.
Capitalising on modern tech: 6 advantages of mobile apps for businesses

Capitalising on modern tech: 6 advantages of mobile apps for businesses

Mobile apps present numerous avenues for businesses to drive revenue growth. Regular monetisation
ESG

Report finds investors are shunning opportunities based on ESG concerns

Nearly 75% of private market investors are putting their money where their ethics are, with 29% rejecting opportunities on ESG grounds.
Green' demand: 40% Brits want banking tools for sustainability tracking

Green’ demand: 40% Brits want banking tools for sustainability tracking

In a revealing new study by Tink, Europe's premier open banking platform, an estimated 40% of UK residents expressed interest in utilising banking tools to monitor their environmental footprint, however, only 24% of banks currently offer such capabilities.
Aktos

Aktos obtains $4.4m to modernise the $20bn debt collection industry

Aktos, a trailblazer in the world of debt collections, has successfully procured a seed funding round of $4.4m.
GoHenry

GoHenry’s Money Missions aids financial literacy, boost children’s savings by 30%

GoHenry's Money Missions, a gamified learning platform, is successful in helping kids and teens boost savings, according to research.

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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