Industry News

ComplyAdvantage combats payment fraud with groundbreaking AI solution

ComplyAdvantage combats payment fraud with groundbreaking AI solution

London-based ComplyAdvantage, the forerunner in financial crime intelligence, is stepping up the fight against payment fraud with the launch of its novel AI-powered solution, Fraud Detection.
Huntress

Huntress snags $60m in Series C to ramp up cybersecurity for SMBs

Huntress, a pioneer in managed security platforms for SMBs, has successfully garnered $60m in a Series C funding round.
JAB-acquires-pumpkin-pet-insurance

JAB acquires majority stake in Pumpkin Insurance, expanding its pet insurance leadership

JAB Holding Company, a major investor in consumer-focused industries, has acquired a majority stake in Pumpkin Insurance Services Inc., a top-tier preventive care and pet insurance provider.
River

Bitcoin tech firm River snags $35m Series B

River, a Bitcoin technology and financial services startup, has successfully raised $35m in a Series B funding round.
M-KOPA

M-KOPA lands $250m to scale across Africa

M-KOPA has raised over $250m in new debt and equity funding to expand its offering to underbanked consumers in Sub-Saharan Africa.

Revolutionising health insurance: EFU Life and dacadoo partner for wellness program

EFU Life Assurance Ltd, a front-runner in Pakistan's life insurance sector, has announced a collaborative venture with dacadoo, a trailblazing Swiss tech company.
Is the Era of Robo-Advisors Over?

Is the era of robo-advisors over?

Go back a few years and robo-advisors were the talk of wealth management. Panel discussions were often dominated by the prospects of robo-advisory, but nowadays they are rarely mentioned. What happened to the robo-advisor hype?
FTSE

FTSE Russell unveils ESG risk index series

FTSE Russell has launched the FTSE UK ESG Risk-Adjusted Index Series as part of its expansion of its ESG and climate index product range.
Surging large fines for organisations signal regulators' changing approach

Surging large fines for organisations signal regulators’ changing approach

A recent report from Moody's Analytics Grid has shed light on the changing landscape of regulatory fines across the globe, showing a dramatic increase in large fines for organisations in the past year.
sustainable

Are sustainable investment funds complying with global requirements?

A recent study by Clarity AI has found only 4% of sustainable investment funds would comply with US, UK and EU regulatory requirements.

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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