Industry News

BBVA, a leading global financial services company, has announced the launch of a new unit dedicated to financing cleantech innovation.

ACA Group, a governance, risk and compliance advisory and technology firm, has opened a new office in Pune, India.

Theia Insights has successfully secured $6.5m in funding, showcasing the UK's attractiveness to US venture capital firms seeking innovative tech firms.

The Securities and Futures Commission (SFC) of Hong Kong has launched a consultation on the proposed requirements for operators of virtual asset trading platforms.

ID fraud is poised to become the main form of bank-reported fraud, with projections finding it could represent 50% of all cases by 2025.

Morningstar, an investment research firm, has launched Morningstar Global Sustainable Activities Involvement Indexes (SAI).

Chime, a leading name in the FinTech sector, is taking significant strides to ease the financial burdens of its members, especially during the tax season.

Archway, a firm that provides a single access point to connect any banking platform to third-party financial software providers, has bagged $15m.

The evolution from manual to automated systems in the insurance industry marks a significant leap towards efficiency and precision. This transition, driven by the need to overcome the limitations of traditional underwriting methods, has paved the way for a new era of insurance operations. An automated underwriting system stands at the forefront of this transformation, leveraging advanced analytics and algorithms to streamline decision-making and risk assessment processes.

Lawmakers in the European Parliament and the European Council have unveiled an agreement on the creation of standards for European Green Bonds.