Industry News

HKEX

HKEX to require climate reporting from all issuers from 2024

All issuers listed on the Hong Kong Stock Exchange (HKEX) will be required to provide climate-related disclosures beginning January 2024.
RBI

India’s RBI launches framework for green deposit acceptance

The RBI has issued guidelines for acceptance of green deposits for banks and NBFCs where the funds can be used for green projects.
Factris

Dutch FinTech Factris scores €50m investment

Dutch firm Factris has scored €50m in global funding from global investment business Aegon Asset Mangement.
resolute-launches-new-reinsurance-contract-for-catastrophies

Resolute Global Partners launches new type of reinsurance contract for natural catastrophes

Resolute Global Partners, an investment advisor specialising in insurance and reinsurance, has launched Footprint, a new type of reinsurance contract.
female-leaders-call-for-regulation-to-combat-gender-pay-gap-and-boost-female-progression

Female leaders call for regulation to combat gender pay gap

UK FinTech female leaders have called for regulation to help narrow the gender pay gap and encourage stronger female progression in the sector.
hyperexponential-selected-by-fortune500-insurance giant-markel-to-transform-underwriting-processes

Fortune 500 insurance giant Markel selects hyperexponential to transform underwriting

Fortune 500 financial services holding company Markel, has selected hyperexponential’s next-generation pricing tool, Renew, to transform its underwriting processes in the UK.
ChatGPT

European national privacy body forms ChatGPT taskforce

The European Data Protection Board (EDPB) has formed a ChatGPT taskforce to establish privacy guidelines on the AI platform.
Quantexa

Quantexa widens Google Cloud partnership with marketplace availability

RegTech firm Quantexa has announced the global availability of its decision intelligence platform and solutions on Google Cloud Marketplace.  
cover-whale-insurance-teams-up-with-nexar-netradyne

InsurTech Cover Whale joins forces with Netradyne and Nexar

Cover Whale Insurance, a commercial trucking insurance provider, has partnered with Nexar and Netradyne to more precisely price policies and offer discounts to safe drivers.
Hippo-insurance-selects-opterrix-to-optimise-claims-workflows

Hippo Insurance selects Opterrix to optimise claims workflows

Hippo Insurance has selected Opterrix, a provider of risk intelligence or the property & casualty insurance industry, to optimise claims workflows.

News Stories

Unpacking the major regulatory fines and decisions impacting Fintech in 2024

Q2 2024 marked a notable period in financial regulatory actions, with a significant increase in fines from $10.5 million in Q1 to $16.5 million.

How UK pension funds could become front-runners in climate investment

LCP has outlined proposals that could reshape the investment landscape for UK pensions, potentially unlocking $1.3tn in funds for climate-centric initiatives. According to Environmental...

SBTi aims for net-zero with new draft standard for financial institutions

The SBTi is advancing its efforts towards a sustainable future with the recent unveiling of its consultation on a new draft standard specifically for financial institutions.

Men more likely to fall victim to romance scams while women lose more

Barclays is alerting the public to an increase in romance scams this summer, as shown in their latest Scams Bulletin.

InvestorHub bags $4m in fresh capital to disrupt capital markets

Direct-to-investor marketing platform InvestorHub, has secured $4m in an extension funding round spearheaded by EVP.

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