Industry News

Hong Kong to fortify financial stability with new stablecoin regulations

Hong Kong to fortify financial stability with new stablecoin regulations

Hong Kong is poised to introduce a new regulatory regime for fiat-referenced stablecoin (FRS) issuers following positive feedback from a public consultation.
C6 Bank launches Brazil's first automatic carbon calculator

C6 Bank launches Brazil’s first automatic carbon calculator

C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.

FRC’s revised stewardship code eases reporting demands

The Financial Reporting Council (FRC) has implemented significant changes to the UK Stewardship Code, aimed at simplifying the reporting process for signatories. According to...
CBA takes a stand against cryptocurrency scams

CBA takes a stand against cryptocurrency scams

As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.

How EU’s financial services are preparing for DORA’s 2025 implementation

The Digital Operational Resilience Act (DORA) is set to redefine operational standards for financial entities across the EU.
skyline-partners-satellite-data

Skyline Partners collaborates with Spire Global to leverage satellite data for InsurTech

Skyline Partners, a prominent UK-based InsurTech managing general agent (MGA) specialising in parametric insurance and risk transfer, is entering into a partnership with Spire Global, experts in satellite and space data.
entity

How entity verification shapes AI deployment in risk management

Moody's has unveiled findings in their recent study, indicating that Entity Verification is crucial for improving AI accuracy in risk and compliance sectors.
Majority

Majority bags $9.75m for migrant banking expansion at US-Mexico border

Majority, the American mobile banking service for migrants, has made strides in expanding its operations along the US-Mexico border.

SEC launches defence of new climate disclosure rules amidst legal challenges

The SEC has actively defended its newly established climate reporting rules, which have sparked a flurry of legal challenges.
ESG

Greater Than’s AI amplifies eDriving’s ESG commitment with EcoDrive feature launch

Greater Than, a provider of driver crash probability has announced a collaborative venture with its partner eDriving.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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