Industry News

Enfuce

Enfuce and Kvika Bank partner to revolutionise payment services in Iceland

Finnish firm Enfuce is reportedly embarking on a ground-breaking partnership with Iceland's eminent Kvika Bank.
Business planning innovator Pigment secures $88m

Emily Pierce assumes key role as Persefoni’s chief global policy officer

Persefoni, a CMAP for financial institutions, has made the decision to promote Emily Pierce to the position of Chief Global Policy Officer.
KYC

How to integrate perpetual KYC into an effective compliance roadmap

Encompass Corporation and Capgemini are teaming up on a pivotal report centred on perpetual KYC (pKYC) integration.
regulatory

PIMFA advocates for a refresh of the UK’s retail investment market

PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.
GenAI

What changes will GenAI bring to risk management?

The introduction of GenAI has recently brought wide-ranging and disruptive change to a vast range of industries.

Instabase achieves $2bn valuation post $45m Series C round, announces AI Hub platform launch

Instabase, the enterprise sector leader in Applied AI, today revealed the successful completion of its Series C funding round and the inauguration of its AI Hub. The firm specialises in crafting advanced AI applications and generative AI tools tailored for modern businesses.
Enfuce

Guidewire to Elevate QBE North America’s Operations with Innovative Cloud Claims Management

Global insurer and reinsurer, QBE North America, a branch of QBE Insurance Group Limited, and Guidewire, a trusted platform for property and casualty (P&C) insurers, have revealed a strategic partnership.
owit-global-canopius-team-up-to-streamline-data-management

OWIT Global and Canopius US Insurance team up to streamline bordereaux data management

OWIT Global, recognised as the leading cloud-based InsurTech firm focused on digitalising the international insurance industry, has announced a successful implementation of their Bordereaux Management Solution by Canopius US Insurance. 
Hawk AI

Hawk AI and Scorechain form partnership on transaction monitoring solution

Hawk AI has entered into a partnership with Scorechain to unveil a end-to-end transaction monitoring solution. 
Atoa

Atoa raises $6.5m and pledges to disrupt the UK payment market

UK payments FinTech Atoa, a rapidly emerging player set to challenge the status quo in the traditional finance sector, has bagged $6.5m.

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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