Industry News

Brazil

Brazil leads sustainability charge with mandatory ISSB standards from 2026

Brazil has declared it will enforce the ISSB sustainability standards, kicking off voluntary compliance in early 2024.
US

NSA veteran Chris Inglis steps down as US cyber head

Chris Inglis, the US government’s first National Cyber Director, has retired from government and has officially left his position.
Deciphering the CSRD/ESRS: A CFO's guide to sustainable financial reporting

Deciphering the CSRD/ESRS: A CFO’s guide to sustainable financial reporting

The evolving role of Chief Financial Officers (CFOs) now encompasses the realm of mandatory ESG reporting. As the responsibility for ensuring sustainable reporting standards falls on the shoulders of the CFOs, understanding the intricacies of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) becomes paramount.
Funderbeam

Funderbeam secures $40m to shape future of venture markets

Angel investing and trading platform Funderbeam has secured $40m in an investment round led by Irish PE group VentureWave.
Struggling Brits eager for tailored support during cost-of-living crisis

Struggling Brits eager for tailored support during cost-of-living crisis

The cost-of-living crisis is putting 37 million Brits at risk of financial distress, a report from Tink suggests banks need to offer them some support.
PIMFA advocates for delay in SDR rules due to implementation challenges

PIMFA Advocates SDR Rules Delay

The trade association for wealth management, investment services, and financial advice, PIMFA, has urged the Financial Conduct Authority (FCA) to postpone the introduction of Sustainability Disclosure Requirements (SDR) for portfolio management by a year. 

Unlocking the secrets of the double materiality assessment for CSRD compliance

The DMA is a cornerstone of the CSRD framework, pivotal in determining the sustainability-related information that organisations are compelled to disclose.
FloodFlash-enters-US-market-parametric-flood-insurance

FloodFlash enters US market, names country CEO

FloodFlash, a parametric insurance technology company that pays catastrophic flood claims within 48 hours, has entered the US market and hired its CEO to lead the division.
5 biggest technology innovations in RegTech

5 biggest technology innovations in RegTech

With the regulatory environment constantly changing, firms are looking towards technology to help. With so many different solutions available, Aveni has outlined the five biggest innovations companies should be looking at.

ISS ESG unveils tool for bank emission estimates amid new EU regulations

ISS ESG, a leader in sustainable investment solution, has launched a pioneering new product, the Industry Average Emission Intensity Data Set. According to ESG...

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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