Industry News

Amlyze

Lithuanian RegTech Amlyze garners $1m pre-seed investment

Amlyze, a RegTech startup based out of Vilnius, has scored $1m in a pre-seed investemtn rounded headed by Practica Capital.
wealth

Revolutionising wealth management: How AI and tech are setting new standards

The wealth management industry stands on the cusp of a monumental shift as we continue to journey through 2024.
tourism-fuels-travel-insurance-sector-report-reveals

Tourism fuelling travel insurance sector growth, report reveals

A rise in tourism travel is fuelling the growth in the travel insurance market, a report from Research and Markets has revealed.
Is the Era of Robo-Advisors Over?

Is the era of robo-advisors over?

Go back a few years and robo-advisors were the talk of wealth management. Panel discussions were often dominated by the prospects of robo-advisory, but nowadays they are rarely mentioned. What happened to the robo-advisor hype?
How can firms leverage generative AI for their ESG-related processes?

How can firms leverage generative AI for their ESG-related processes?

Environmental, social and governance (ESG) and artificial intelligence (AI) are two of the biggest trends in the finance world, but working together they can potentially transform how businesses operate.
Shaping the Future of UK Financial Services 2023 Annual Review Insights

Shaping the Future of UK Financial Services: 2023 Annual Review Insights

The City of London Corporation, in collaboration with HM Treasury, has recently unveiled the 2023 edition of the State of the Sector: annual review of UK financial services. This marks the second edition of the review, which was first suggested by Lord Hill's UK Listing Review in 2021. The report focuses on evaluating the international competitiveness and allure of UK's financial services.
Swiss-Re-Guy-Carpenter-ICEYE-team-up-to-deliver-parametric-flood-insurance-to-New-york-city-NYC-neighbourhoods

Swiss Re, Guy Carpenter & ICEYE to deliver parametric flood insurance to NYC neighbourhoods

Swiss Re, Guy Carpenter & ICEYE have teamed up to deliver a pilot parametric flood insurance programme for New York City neighbourhoods.
Genie

Credit Genie cashes in on $4m Series A financing

Credit Genie, a personal finance platform, has recently shared that it has successfully raised $4m in Series A 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’. 
will-the-crypto-winter-bring-the-death-of-cryptocurrency

Will the Crypto Winter bring the death of cryptocurrency

Dubbed the Crypto Winter, the cryptocurrency market has gone through a tough period with companies collapsing, major fines and token prices dropping. However, players in the industry are confident spring is coming.

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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