Industry News

Kanastra

Capital markets infrastructure firm Kanastra bags $13m in seed raise

Kanastra, a FinTech company in Brazil's capital markets infrastructure landscape, recently announced a significant financial milestone.
How TAINA is Revolutionising the Industry with Containerisation and Kubernetes

How TAINA is Revolutionising the Industry with Containerisation and Kubernetes

TAINA, a leading tech firm, has made a significant stride towards simplifying life for everyone through their cloud-agnostic approach and supporting containerisation.
Lombard

Lombard Odier and Systemiq team to launch sustainable investment platform

Lombard Odier Investment Managers has teamed with Systemiq, a sustainability-focused firm, to launch a new investment enterprise. 
Why executives need to understand AI

Why executives need to understand AI

While AI is the top of technoogy discussions, there is still uncertainty around it. Aveni recently hosted a webinar AI: Why an executive understanding is so important, which can be watched here. It featured a discussion between natural language processing (NLP) scientist Dr Lexi Birch and Aveni COO Jamie Hunter.??
French-investors-prefer-'playful'-risk-profile-building

French investors prefer ‘playful’ risk profile building

French banking customers prefer a ‘playful’ method to building their risk profile compared to traditional questionnaires, according to a field study by everyoneINVESTED.
Relay-platform-launches-digital-quoting-solution

Relay Platform launches digital quoting solution

Relay Platform, a provider of multi-carrier solutions to the insurance industry, has launched a digital quoting solution for retail agents and wholesale brokers.
Younger generations lead scepticism in online banking amid rising fraud concerns

Younger generations lead scepticism in online banking amid rising fraud concerns

Half of Brits now express heightened caution towards online banking and mobile apps compared to four years ago. This increase in wariness is revealed in new research by the personal finance comparison site finder.com, indicating a steady drop in positivity since 2020.
WealthArc Streamlining FIDLEG Compliance for FinTech Firms

WealthArc: Streamlining FIDLEG Compliance for FinTech Firms

WealthArc, a major player in the WealthTech industry, has recently highlighted key components of the Financial Services Act (FinSA) or FIDLEG compliance and how its platform aids companies to meet the Swiss Financial Market Supervisory Authority's (FINMA) expectations.
Malaysia's ACSR to consult on ISSB Standards for enhanced sustainability reporting

Malaysia’s ACSR to consult on ISSB Standards for enhanced sustainability reporting

The Advisory Committee on Sustainability Reporting (ACSR), led by the Securities Commission Malaysia (SC) and supported by the Ministry of Finance, is set to hold an online public consultation next month. This event will focus on the integration of the sustainability disclosure standards by the International Sustainability Standards Board (ISSB) within Malaysia.
Airbus

Airbus enhances cybersecurity offerings with INFODAS acquisition

Airbus has announced its plans to acquire INFODAS, a German company specialised in providing cybersecurity and IT solutions.

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.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution