Industry News

ESG

$40bn divestment threat looms over EU ESG funds under new guidelines

A new report by Morningstar reveals that nearly two-thirds of funds in the EU labelled with sustainable or ESG-related terms may need to divest...
ESG

How firms can choose the right ESG private equity software

The finance sector is increasingly integrating environmental, social, and governance (ESG) criteria into investment decision-making.

Arbour National to catalyse growth for Southern Trust Insurance with strategic partnership

In a significant industry development, Southern Trust Insurance, a reputed insurance provider with a stronghold across the Southeast for more than half a century, and Arbour National, a specialist in long-term ownership of niche Property & Casualty insurance companies, have inked a definitive agreement for a partnership.
Clausematch

Clausematch and RiskInk join forces to boost RegTech offerings

Clausematch has formed an alliance with RiskInk, a boutique risk management consultancy with unparalleled experience in policy drafting.
Augusta-Mutual-opts-for-insurtech-betterview-for-property-insight

Augusta Mutual selects InsurTech Betterview

Augusta Mutual Insurance Company, a mutual insurance company, has selected InsurTech Betterview to improve risk selection and to provide better insight into property condition.
CFPB

Non-insured digital payment apps place consumer funds at risk, warns CFPB

The CFPB has warned users of non-bank payment apps about the risk to their funds due to lack of federal deposit insurance coverage.
Flagright

Alliance between Flagright and Ondato set to enhance financial crime prevention

Flagright and Ondato, a KYC and AML-focused RegTech firm, have unveiled a significant strategic collaboration.
FCA

FCA names new joint exec directors of enforcement and market oversight

The FCA has appointed Therese Chambers and Steve Smart as joint executive directors of enforcement and market oversight.
New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

In the realm of sustainable finance, the clarity and credibility of categorising economic activities have received a substantial boost with the introduction of the Independent Science Based Taxonomy (ISBT).
Concirrus

Concirrus partners with Insurity to develop data models for marine insurers

Concirrus has announced a new partnership with Insurity that will see it deliver unique predictive data models for marine insurers. 

News Stories

Faye secures $31m in Series B funding to elevate travel insurance technology

Faye secures $31m in Series B funding to elevate travel insurance technology

Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding, escalating its total capital to $49m.

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.

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