Industry News

banks

How to unlock the future of banking with real-time payments

In a recent post by tietoevry, the company outlined why banks must 'act now' to benefit from real-time payments.
ESG

EU bolsters sustainable finance with strict regulations for ESG rating agencies

The EC has very recently unveiled several measures, including some new regulations for ESG ratings providers.
Bit2Me

Spanish digital asset firm Bit2Me clinches €14m funding

Bit2Me, a Spanish digital asset company registered with the Bank of Spain, recently announced a closing investment of €14 million.

Insurance giant Generali bolsters presence in Europe with $2.5bn Liberty Seguros acquisition

Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.
Blackbird.AI

Blackbird.AI scoops $20m for narrative risk intelligence in Series B raise

Blackbird.AI, a firm in the AI-driven narrative and risk intelligence space, has netted a $20m Series B funding round.
kin-home-insurance-alabama-catastrophe-prone

Tech-savvy insurer Kin brings relief to catastrophe-prone Alabama

Kin, a direct-to-consumer home insurance company, announced its latest expansion into Alabama.
insurtech-proptech-partnership-lexasure

Transforming PropTech and InsurTech: Lexasure collaborates with Qornerstone on new insurance solutions

Lexasure Financial Group Limited, a key player in the InsurTech market across South and Southeast Asia offering reinsurance, insurance, and tech solutions, along with Qornerstone, an innovative PropTech firm revolutionising property management, have recently unveiled a memorandum of understanding to develop a strategic partnership.

Bolstering growth: CAC Group supercharges financial capabilities through expanded syndicated loan

CAC Group, a comprehensive insurance brokerage enterprise incorporating CAC Specialty, Cobbs Allen, and Dorset Peak, has broadcast the successful enlargement of its syndicated loan facility, supported by Wintrust Financial Corporation, alongside contributions from Synovus and JPMorgan Chase.
Embracing AI for transformation- Key insights from Aiviq's asset management roundtable

Embracing AI for transformation: Key insights from Aiviq’s asset management roundtable

Last month, Aiviq spearheaded a crucial industry event, bringing together forward-thinking leaders from 10 prominent asset management firms.
Shift5

Shift5 nets $33m to aid onboard data in commercial and military fleet systems

Shift5, a firm specialising in onboard data, has announced a $33m rise in its finances, bolstering its Series B round to an impressive $83m.

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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