FinTech News

Forta Solutions has introduced Agility, an innovative warehouse lending platform that promises unparalleled transparency, efficiency, and a quicker, more secure route to liquidity for warehouse lenders.

Paytm Payments Bank has been penalised INR 5.4 crore by the RBI owing to its failure to adhere to KYC instructions.

The FCA has issued a fine of £11m to Equifax as a consequence of their involvement in a significant cyber-security breach.

TotallyMoney, a personal finance app, has embarked on a journey to further empower the UK's under-served adult populace.

This week saw a relatively strong week for FinTech funding, with up to $963m in investment recorded by deals reported by FinTech Global.

The Markets in Crypto-Assets Regulation (MiCA) is setting a precedent, crafting a well-structured framework for regulating crypto-assets throughout the European Union (EU) which are not yet encased by current financial services legislations. 

FinTech and InsurTech are rapidly evolving, consistently introducing game-changing technologies, among which embedded AI and generative AI stand prominently. These advancements aren’t mere buzzwords but rather critical tools altering the landscape of commercial and specialty insurance, particularly in the realms of underwriting and customer experience.

In an exemplary move to uplift the "social" component within the Environmental, Social, and Governance (ESG) framework, the Canadian Parliament, in May 2023, passed Bill S-211.

The ESG100 report casts a spotlight on a notable disparity in company preparedness for complying with the upcoming European Sustainability Reporting Standards (ESRS).

Governor Kathy Hochul illuminated the dynamic arena of startup innovation through the announcement of the 9th annual 43North Finals in Buffalo, New York.