Eco-focused neobank Green-Got lands €5m
Green-Got, a France-based neobank that is focused on ecological transition, has scored €5m in a recent funding round.
Hub International ramps up digital insurance capabilities with EINSURANCE acquisition
In a groundbreaking move, Hub International Limited, a leading global insurance brokerage and financial services firm, has acquired the assets of E-Insure Services, a pioneer in data-driven insurance marketing.
CFPB targets bank chatbots in new initiative to boost consumer rights
In a new policy initiative named 'Time is Money', the Biden administration has instructed the CFPB to closely examine the use of chatbots by banks.
Revolutionising finance: The rise of embedded finance in 2024
As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.
SFC and ICMA collaboration paves the way for global ESG ratings standards
The HK SFC is sponsoring the International Capital Market Association (ICMA) to form a dedicated working group on ESG.
Network infrastructure leader Alkira secures $100m Series C raise
Alkira, the leader in on-demand network infrastructure as-a-service, has announced the successful closing of a $100m Series C.
Texas Stock Exchange secures $120m funding to challenge NYSE and Nasdaq
A new stock exchange, Texas Stock Exchange (TXSE) is set to challenge the New York Stock Exchange (NYSE) and Nasdaq.
Scanbot SDK’s transformative journey: A 2023 year in review
This year has been a milestone for Scanbot SDK, showcasing significant advancements and positive changes that have benefitted both its customers and the company....
The shift from spreadsheets to advanced data solutions in asset management
The latest survey conducted by Northern Trust, involving 300 global asset management firms, has unveiled a notable shift towards prioritizing product quality and accuracy. Unlike the previous year, a significant majority of asset managers (72%) are now focusing on enhancing their product strategies, which includes improving distribution methods, data management, and outsourcing functionalities.
XTCC pioneers first Shariah-compliant carbon credit investment ecosystem
XTCC, an investment ecosystem that specialises in high-integrity carbon credits, has announced the launch of the first Shariah-compliant multi-currency asset class for high-integrity carbon credits.
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