Industry News

Cbiz

CBIZ bolsters cybersecurity portfolio with $6.6m Pivot Point acquisition

CBIZ has announced the strategic acquisition of information security consulting firm Pivot Point Security for $6.6m. 

EverQuote’s strategic move away from health insurance vertical to boost financial performance

EverQuote, a leading player in the online insurance marketplace and listed on Nasdaq, is making strategic changes to its business operations. The company, known for connecting insurance shoppers directly with providers across various insurance types, has announced its decision to exit the health insurance vertical.
Bloomberg unveils innovative tool for sustainable investment screening tool

Bloomberg unveils innovative tool for sustainable investment screening tool

Bloomberg today unveiled a new sustainable investment screening tool available on the Bloomberg Terminal.
PSD2 compliant payments startup Ryft receives FCA licence

PSD2 compliant payments startup Ryft receives FCA licence

PSD2 compliant payments system Ryft has received an authorisation licence from the UK’s Financial Conduct Authority (FCA) allowing it to become a regulated payment facilitator.
Zurich-launches-eXchange-insurance-collaboration

Zurich launches eXchange to foster insurance collaboration

Zurich Insurance Group (Zurich) has launched Zurich eXchange, a next-generation global API marketplace to enable more efficient collaboration.
art

Unveiling the shadow world: How art money laundering masks illicit wealth

Art money laundering refers to the concealment of the origins of illegally obtained funds through the purchase and sale of art.
Generative AI

Generative AI: A blessing or a curse for business efficiency?

Saifr, a RegTech company, recently took the time to question whether Generative AI will end up making business more or less efficient.
cybersecurity

Cybersecurity in 2024: A deep dive into FinTech’s top concerns and strategies

Nearly 40% of compliance professionals across asset management, investment adviser, and private markets firms remain unprepared for the cybersecurity risks posed by AI, reveals...

JPMorgan Chase opens new offices in Mumbai and Bengaluru 

JPMorgan Chase has announced the opening of two new state-of-the-art facilities in India. 
Swan

Swan and Wise platform join forces to transform international payments

Swan has partnered with Wise Platform, Wise's infrastructure offering for banks, financial institutions, and enterprises globally.

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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