Industry News

Ox

Israeli firm OX Security bags strategic backing from IBM Ventures

OX Security, an Israeli CyberTech startup established in 2021, has secured a notable investment from IBM Ventures.
APP

PSR advances fight against APP fraud with new consultations

The Payment Systems Regulator (PSR) is progressing in its fight against APP fraud by introducing two consultations. 
The future of health insurance: Hyper-personalisation and AI advancements

The future of health insurance: Hyper-personalisation and AI advancements

Transitioning from a transaction-based model to a service-enabled platform economy is at the heart of the digital life and health insurance landscape.
How can AI transform financial simulations within wealth management?

How can AI transform financial simulations within wealth management?

Financial simulations are a core part of wealth management, but how can AI transform them to become an even more powerful tool for investors?
WealthGreen unveils carbon credit trading app, shaping future of investment

WealthGreen unveils carbon credit trading app, shaping future of investment

WealthGreen, a pioneering startup based in Singapore, is spearheading a revolution in the investment realm. As an innovator in financial technology, the company is situated in Singapore, a flourishing hub for carbon markets.
DGTAL

DGTAL clinches €3m in strategic funding to boost AI-driven insurance tools

DGTAL, a firm offering a SaaS platform with AI capabilities for insurance portfolios, has announced a significant €3m in strategic funding.
PwC

PwC UK links with Clearspeed to revolutionise fraud risk assessments

PwC UK, a global network providing assurance, advisory, and tax services, has announced its partnership with Clearspeed.
wealth

How is technology democratising wealth management?

In a recent post by Kidbrooke, the company outlined how wealth management can be democratised by utilising financial analytics. 
Silverbird

Silverbird links with Resistant AI for efficient onboarding and fraud detection

Silverbird, a firm that provides borderless, limitless, and economical solutions for international traders, has joined forces with Resistant AI.
EPI

EPI announces wero as its breakthrough digital wallet solution

The EPI, a bank-backed venture established to counter giants like Mastercard in Europe, named its digital wallet solution as 'wero'.

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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