Industry News

Brightflow-AI-strategic-aquisition

Brightflow AI powers small businesses growth through strategic CircleUp acquisition

Brightflow AI, a financial data and intelligence platform, has made a landmark decision, acquiring CircleUp, an established FinTech leader, renowned for its powerful Helio insights engine.
mastercard-global-payment-solutions

Mastercard and Moroccan FinTech NAPS join forces to revolutionise digital payments

Mastercard, a globally recognised payment processing corporation, and NAPS, a front-runner in the Moroccan FinTech sector, have announced a strategic partnership aimed at developing ground-breaking payment solutions for individuals and businesses.
socotra-ledgebrook-E&S-insurance

Ledgebrook and Socotra join forces to revolutionise the E&S insurance market

Austin-based Socotra, renowned as a next-generation core platform provider for contemporary insurers, and Boston-based Ledgebrook, an InsurTech MGA focusing on the excess and surplus (E&S) market, recently revealed the successful launch of Ledgebrook's novel platform, which is turbo-charged by Socotra Connected Core.
corvus-insurance-chief-risk-officer

Insurance veteran Albert Zhou joins Corvus Insurance as chief risk officer

Corvus Insurance, a top-tier cyber underwriting company, fuelled by an innovative AI-driven cyber risk platform, today proudly announces Albert Zhou as its chief risk officer.
CFPB

Non-insured digital payment apps place consumer funds at risk, warns CFPB

The CFPB has warned users of non-bank payment apps about the risk to their funds due to lack of federal deposit insurance coverage.
sustainability

From TCFD to ISSB: Unravelling the complexities of sustainability standards in FinTech

Sustainability reporting can often be complex.In a recent post by Position Green, the firm attempted to simplify the understanding of it. 
Galvanick

Industrial cyber defence platform Galvanick secures $10m seed round

Galvanick, a solution renowned for protecting industrial infrastructure from cyber threats, has reached a financial milestone in its journey.

The indispensable role of threat and risk analysis

Facing the interconnected and complex financial ecosystems of today, financial institutions are grappling with regulatory compliance and financial crime prevention.
risk

What are the governance, risk and compliance trends to watch?

In a recent post by RegTech firm ViClarity, the company outlined some of the key governance, risk and compliance trends to watch.
Red Flag

Foresight and Uncapped fuel Red Flag Alert’s growth with £4.5m boost

Red Flag Alert, a credit risk data and risk intelligence firm based in Manchester, has bagged £4.5m in funding.

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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