Industry News

Alchemy-Pay-secures-$10m-to-expand-in-korea

Alchemy Pay secures $10m to expand in Korea

Alchemy Pay, a payment gateway that connects crypto and global fiat currencies for businesses, developers, and users, has partnered with DWF Labs and secured $10m in funding.
Global instant payments set to hit $58tn by 2028, outpacing card transactions

Global instant payments set to hit $58tn by 2028, outpacing card transactions

Instant payments, where funds are received in 10 seconds or less and payment confirmation is available within a minute, are poised to redefine the financial transactions landscape.
Swiss-insurer-helvetia-acquires-mobile-garantie

Swiss insurer Helvetia in Mobile Garantie take-over

Helvetia Insurance has acquired Hanover-based provider of auto insurance solutions Mobile Garantie.
Synopsys

Clearlake and Francisco Partners buy Synopsys’ software integrity business

Synopsys has agreed to sell its Software Integrity Group to Clearlake Capital Group and Francisco Partners.
TechSprint

FCA set to lead first ever Greenwashing TechSprint

The FCA will be among the 13 regulators so far taking part in the first-ever Greenwashing TechSprint that will launch on 5 June this year.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
everspan-group-joins-forces-with-ledgebrook-general-liability-programme

Everspan Group joins forces with Ledgebrook for general liability programme

Everspan Group has partnered with specialty MGA Ledgebrook on a programme offering general liability and supported excess liability to mid-market businesses.
automation

How automation is revolutionising ongoing monitoring in financial institutions

An efficient ongoing monitoring system is a linchpin in the relentless battle against financial crime and the imperative to comply with AML regulations.
FiVerity

Anti-fraud collaboration platform FiVerity locks in $4m seed

FiVerity, a creator of an anti-fraud collaboration platform, has raised $4m in a seed funding round headed by Mendon Venture Partners.
scams

Brits warned of rising invoice and mandate scams

As the digital landscape continues to evolve, so too do the methods employed by scammers seeking to defraud unsuspecting individuals.

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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