Industry News

DocDoc-QBE-launch-Asia's-first-proactive-group-health-insurance-product-singapore

DocDoc and QBE to launch Asia’s first proactive group health insurance solution

DocDoc, a digital health insurance platform, has partnered with QBE Singapore to launch a group health insurance product in Singapore.
Spend management platform Payhawk launches Partner Program

Spend management platform Payhawk launches Partner Program

Spend management platform Payhawk has launched its Payhawk Solution Partner Program, giving its customers access to services partners.
Travel and expense management fraud to rise, as will fraud

Travel and expense management fraud to rise, as will fraud

Total revenue generated by travel and expense (T&E) management is expected to reach $16bn by 2027, rising from $8.7bn in 2022.
India

India unveils 75 digital banking units to fuel FinTech revolution

Narenda Modi, the Prime Minister of India, has announced the launch of 75 digital banking units is a move to boost financial inclusion.
Thailand-PropTech-PropertyScout-Raises-$5m-funding

Thailand PropTech PropertyScout nets $5m

PropertyScout, a PropTech startup based in Thailand, has raised $5m in Series A funding to expand its footprint in Thailand.
Cerity-Thimble-partner-small-business-insurance

Cerity and Thimble team up to provide small business insurance

Cerity, a provider of workers’ compensation insurance policies, has teamed up with Thimble to serve small business owners.
38% of firms lack knowledge on FCA’s new Consumer Duty

38% of firms lack knowledge on FCA’s new Consumer Duty

Over a third (38%) of firms have limited knowledge of the FCA’s new Consumer Duty, with many turning to technology and data to solve their woes.
72% of people prefer face verification for online transactions

72% of people prefer face verification for online transactions

Seven-in-ten (72%) of consumers prefer to use face verification to secure online transactions, according to a report from iProov.
Financial-services-fear-fraud-rise-with-cost-of-living-crisis

Financial services fear fraud rise with cost-of-living crisis

Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.
CLOWD9-launches-world-first-payments-processing-platform

CLOWD9 launches world’s first payments processing platform

UK-based CLOWD9 has launched the world’s first cloud-native, cloud certified, decentralised, payments processing platform.

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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