Industry News

ESG

ESG-focused assets under management set to soar, PwC study finds

Professional services firm PwC, in its newly released report, predicts an enormous shift in the private markets towards ESG investments.
Persefoni

Persefoni unveils new Scope 3 data collection exchange solution

Persefoni, a leader in climate management and accounting platform solutions, has unveiled its latest offering, the Scope 3 Data Exchange.
GenZero

GenZero and BCG join forces on climate impact measurement framework

Climate solutions company GenZero has recently partnered with Boston Consulting Group, a leading global management consulting firm.
Steering third-party risks in banking: Final guidance by regulatory agencies explained

Steering third-party risks in banking: Final guidance by regulatory agencies explained

Final guidelines aimed at bolstering third-party risk management in banking organisations have been issued by a cohort of federal bank regulatory agencies. This initiative is designed to help such institutions better navigate the risks arising from relationships with third-party entities, with a particular emphasis on financial technology, or FinTech, enterprises.
CBA takes a stand against cryptocurrency scams

CBA takes a stand against cryptocurrency scams

As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.
Keep Aware

Texas-based Keep Aware secures $2.4m for next-level browser security

Keep Aware, a firm that aims to shield web browsers from potential hacker threat, has successfully raised $2.4m in a seed funding round.
japan-post-insurance

Japan Post Insurance partners with KKR and Global Atlantic to diversify growth strategy

Japan Post Insurance, KKR & Co, and Global Atlantic Financial Group, have publicly announced the formation of a strategic partnership. Furthermore, Japan Post Insurance plans to substantiate its investment in a reinsurance co-investment vehicle, pioneered by Global Atlantic.
Blumira

Blumira makes big security leap with $15m raise and XDR platform launch

Blumira has made headlines by raising a $15m Series B funding round and simultaneously launching its XDR platform for SMEs. 
next-insurance-gusto-expand-partnership

NEXT Insurance and Gusto Embedded expand partnership to revolutionise small business protection

NEXT Insurance, a digital InsurTech player revolutionising small business insurance, has announced an intensified collaboration with Gusto Embedded, a significant developer platform and support infrastructure.
hub-digital-insurance-capabilities

Hub International ramps up digital insurance capabilities with EINSURANCE acquisition

In a groundbreaking move, Hub International Limited, a leading global insurance brokerage and financial services firm, has acquired the assets of E-Insure Services, a pioneer in data-driven insurance marketing.

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