Industry News

SquadTrip

Automated payment solution SquadTrip welcomes $1.5m funding boost

SquadTrip, an automated payment solution for both large and small group trips, has successfully secured $1.5m in funding.
Harnessing FinTech for sustainable power: a guide to Scope 2 emissions reporting

Harnessing FinTech for sustainable power: a guide to Scope 2 emissions reporting

In a world increasingly conscious of the environmental impact of business operations, reporting electricity usage is now a crucial part of corporate responsibility. Compliance with the Greenhouse Gas Protocol demands clear documentation of purchased electricity, a challenge Position Green seeks to simplify with a best practice approach.

Tietoevry enters the top 1% globally for sustainability

Facing global challenges like climate change, resource scarcity, a rising elderly demographic, escalating urbanisation, and increased disparity among nations, Tietoevry regards sustainability as not...
Moody's

Moody’s Analytics links with European Commission to modernise fraud detection

The European Commission has recently joined hands with Moody's Analytics to overhaul its anti-fraud operations.
Jericho

Jericho Security nets $3m to battle generative AI-driven phishing threats

Jericho Security, an artificial intelligence cybersecurity startup founded earlier this year, announced that it has secured $3m in funding.

Visa UK introduce new measures to protect businesses from ‘friendly fraud’ 

Visa UK has revealed a litany of new measures designed to protect small businesses and combat ‘friendly fraud’. 
Cytora

Cytora and Reask unite to reshape insurers’ nat cat risk management

Cytora and Reask, a provider of advanced natural catastrophe risk analytics, have entered a strategic partnership.
Gamification in wealth management: A double-edged sword?

Gamification in wealth management: A double-edged sword?

While it has its risks, gamification can be a valuable tool to help wealth managers improve customer engagement and loyalty. 
Deep learning vs machine learning: What's the real difference?

Deep learning vs machine learning: What’s the real difference?

AI's evolution has brought to the forefront two key terms: Deep Learning and Machine Learning. Are they the same, or do they represent distinct facets of AI? Ushur, a customer experience automation company, has explored the difference between the two. 
HKMA

HKMA leads charge in Hong Kong’s FinTech revolution with road map

The Hong Kong Monetary Authority (HKMA) is aiming to make Hong Kong a leading FinTech hub through a 12-month road map.

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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