Industry News

FullCircl's response to BIBA's 2024 Manifesto: A new era for UK insurance brokers

FullCircl’s response to BIBA’s 2024 Manifesto: A new era for UK insurance brokers

FullCircl, a prominent player in the InsurTech sector, recently offered its perspectives on the British Insurance Brokers' Association's (BIBA) newly unveiled 2024 Manifesto. Ashleigh Gwilliam,...

How the CFPB and EU plan to tackle Big Tech and consumer finance

The CFPB of the United States and the European Commission have launched an informal dialogue focused on consumer finance.
IASB

IASB unveils project on climate-related risk disclosure requirements

The IASB has launched a new project aimed at exploring changes to requirements for firms to disclose climate risks in financial statements.

US dominates FinTech deals again in this week’s 38 funding rounds

US FinTechs recorded another red-letter week this week with companies based in the country making up 20 of the 38 deals reported.
sapiens-absa-life-team-up-digital-transformation

Sapiens chosen as Absa Life’s partner in a major digital transformation initiative

Sapiens International Corporation, a leading global provider of software solutions for the insurance sector, and Absa Life, a foremost life insurance provider in South Africa, are teaming up.
ai-trust-defecit

AI trust deficit in advanced digital economies: Insights from Swiss Re Institute

Swiss Re Institute's recent analysis reveals that countries leading in digital advancements are likely to harbour lesser trust in artificial intelligence (AI) technology.
FilSwan

FilSwan bags $3m in funding raise

FilSwan, a Canadian cross-chain infrastructure for web3, has landed $3m in an investment round.  
ESG

How CSR and ESG differ and why they’re crucial for business success

In the modern business landscape, the distinction between CSR and ESG practices is becoming increasingly significant.
Permiso

Permiso secures $18.5m in Series A to fortify cloud identity security landscape

Permiso Security, a startup in identity threat detection and response, has successfully secured $18.5 million in its latest funding round.
MAS

MAS launches transformative platform to combat money laundering

The MAS has unveiled Cosmic, an acronym for Collaborative Sharing of Money Laundering/Terrorism Financing Information and Cases, a new money laundering platform. According to Business...

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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