Industry News

Aumni

JP Morgan to acquire investment analytics firm Aumni

JP Morgan has entered into a definitive agreement to acquire Aumni, a provider of investment analytics software to the venture capital space.
ARMD-insurtech-launched-product-for-tradespeople

InsurTech ARMD launches product for tradespeople

ARMD, an InsurTech servings the tradespeople market in the UK, has launched an IoT solution to give insurers better underwriting data.
Boosting ROI with ByAllAccounts: Transforming financial data integration

Boosting ROI with ByAllAccounts: Transforming financial data integration

The wealth management industry is constantly evolving, and the ByAllAccounts Data Network represents a significant advancement in the field. By offering a comprehensive platform where one integration opens doors to an extensive array of financial data connections, the network promises to redefine operational efficiencies and innovation standards.
Empowering Swiss investors: The rise of client-centric WealthTech solutions

Empowering Swiss investors: The rise of client-centric WealthTech solutions

In the dynamic world of wealth management, the confluence of impeccable client service and innovative technology is reshaping the industry's landscape, particularly in Switzerland and beyond.
Revolutionising insurance data entry with the EHIC Scanner SDK

Revolutionising insurance data entry with the EHIC Scanner SDK

In the fast-paced InsurTech landscape, enhancing user experience and data accuracy are paramount. An ever-increasing number of insurance providers are embracing mobile apps and digital client platforms to facilitate a smoother transfer of sensitive data.
N26 unveils revolutionary stocks and ETFs trading platform in Germany

N26 unveils revolutionary stocks and ETFs trading platform in Germany

N26, a leader in the digital banking sector, has officially launched its Stocks and ETFs trading product for its German customer base. Known for its innovative approach to banking, N26 is headquartered in Berlin and boasts a strong international presence, catering to over 8 million customers across 24 markets.
Gradient-AI-Duck-Creek-Technologies-workers-compensation-product

Gradient AI and Duck Creek unveil workers’ compensation product

Gradient AI, a provider of artificial intelligence (AI) solutions in the insurance industry and Duck Creek Technologies have launched a workers’ compensation solutions product.
AI

EU sets global precedent with groundbreaking AI regulation deal

Europe has achieved a milestone in the world of AI by reaching a provisional deal on the European Union's landmark rules governing AI usage.
FCA

FCA highlights need for enhanced competition in wholesale data markets

The FCA has unveiled the outcomes of its in-depth study into the wholesale data market, focusing on the sectors of credit ratings data, benchmarks, and market data vendor services.
Kansas

Anti-ESG law would cost Kansas pension funds $3.6bn, budget report finds

Legislation in Kansas that would prohibit ESG investing in its pensions funds could cost the state’s pension system as much as $3.6bn.

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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