Industry News

FinTech

Strong week for FinTech deals with almost $750m raised

This week saw a rip-roaring collection of deals in the FinTech sector, with FinTech Global recording a complete total of 31 deals. The biggest...
AI

Beyond hype and armageddon: How AI is shaping the financial services industry

In a world that is constantly evolving, AI is proving to to be one of the biggest change-makers. How is it shaping finance? 
risk

The evolution of monitoring conduct in the financial sector: Challenges and solutions

In a recent post by RegTech firm Theta Lake, the company quizzed readers on how they are monitoring prudential risk.
HKMA

HKMA spearheads Project Ensemble to revolutionise tokenisation standards

The HKMA has recently announced the establishment of the Project Ensemble Architecture Community to revolutionise tokenisation standards.
The digital revolution in meeting consumer duty standards

The digital revolution in meeting consumer duty standards

Post-deadline, the financial industry is grappling with the new standards set by the UK's latest regulatory mandate. The objective of this update is to bring more transparency and accountability to wealth management and insurance enterprises, fostering a more profound commitment to the consumer.
arity-and-CAS-team-up-to-increase-acess-to-UBI-products

Arity and CAS team up to increase access to UBI products

Arity, a mobility and data analytics company, is partnering with Connected Analytics Service (CAS), a Toyota affiliate, to provide driving data from connected vehicles to auto insurance carriers to enable policyholder to access usage-based auto insurance (UBI) products.
Vertice

FinTech innovator Vertice secures $25m in Series B for global expansion

Vertice, an integrated SaaS and cloud spend management platform, has announced a milestone in its growth journey by raising $25m.
Beyond gamification: How wealth managers can improve customer experience with analytics

Beyond gamification: How wealth managers can improve customer experience with analytics

The evolving landscape of the digital era offers significant opportunities for financial institutions, particularly in the wealth management sector. Using gamified elements to draw consumer attention and cultivate loyalty has become a common practice.

Tietoevry survey reveals Nordic seniors’ struggle with digital services

A survey by Tietoevry has shed light on the digital accessibility experiences of elderly citizens aged 65 and over in Finland, Sweden, and Norway.
Ushering a New Era in FinTech with Aveni's NLP-powered QA Innovation: The Age Partnership Success Story

Ushering a New Era in FinTech with Aveni’s NLP-powered QA Innovation: The Age Partnership...

Aveni, an AI solutions company, has partnered with UK-based Age Partnership, a leading equity release advisory firm, to revolutionise their Quality Assurance (QA) monitoring capacities. This strategic collaboration aims to enhance QA monitoring in terms of coverage, speed, and precision.

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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