Industry News

G7

G7 leaders back ISSB’s sustainable and climate-related reporting standards

G7 leaders convened at a summit reiterating their commitment to the Paris Agreement's goal of limiting global temperature rise to 1.5°C.
FlowX.AI

AI enterprise innovator FlowX.AI rakes in $35m, eyes global expansion

FlowX.AI, an artificial intelligence enterprise application modernisation platform, has revealed a boost in its fundraising efforts.
E-HKD

HKMA launches pioneering e-HKD pilot for innovative FinTech solutions

The Hong Kong Monetary Authority (HKMA) has initiated an e-HKD retail Central Bank Digital Currency (CBDC) pilot scheme. The scheme will see 16 firms from...
The Future of RegTech in Taiwan

The Future of RegTech in Taiwan

The dynamic world of RegTech in Taiwan's financial industry is one that is constantly evolving, driven by a growing demand for innovative solutions and promising future prospects. Supporting this transformation is Flagright, an innovative no-code centralised AML compliance and fraud prevention platform causing ripples in the financial sector.
markets

What is the key to success in capital markets onboarding?

In a recent whitepaper by RegTech firm iMeta, the company outlined the chief routes to success in capital markets onboarding. 
atain-leverages-sapiens-technology

Atain leverages Sapiens’ technology for P&C insurance process modernisation

Sapiens International Corporation, a gobal software solutions provider for the insurance industry, has partnered with Atain, a leading property and casualty (P&C) insurance company.
compliance

The rising wave of personal liability for chief compliance officers

In a recent eBook by RegTech firm Clausematch, the company deep-dived into the topic of personal liability for chief compliance officers. 
insurity-launched-claims-payments-digital-insurance-payouts

Insurity Launches Sure Claims Payments as a Standalone Solution for Seamless Digital Insurance Payouts

Insurity, a premier provider of cloud-based software for insurance carriers, brokers, and MGAs, is set to offer its Sure Claims Payments solution as a standalone product, powered by Dream Payments and connected to J.P. Morgan Payments.
CAPE=analytics-bolsters-hanover-insurance-underwriting

AI-Powered geospatial property intelligence: CAPE Analytics bolsters Hanover insurance’s underwriting

CAPE Analytics, a front-runner in AI-powered geospatial property intelligence, is extending its partnership with The Hanover Insurance Group, a firm committed to providing optimal insurance coverage and pricing via independent agents.
cambridge-mobile-telematics-teams-up-keifer-foundation-distracted-driving

Cambridge Mobile Telematics teams up with the Kiefer Foundation to combat distracted driving

Cambridge Mobile Telematics (CMT), a telematics service provider, and the Kiefer Foundation, an entity focused on ending distracted driving, have announced their continued collaboration.

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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