ESG/Climate Risk

Previsico has called for urgent collaboration between insurers, government, and industry to tackle the rising threat of floods driven by climate change and rapid urbanisation.

Previsico calls for joint action on flood risk

Previsico has called for urgent collaboration between insurers, government, and industry to tackle the rising threat of floods driven by climate change and rapid...
Tandem Bank, a UK-based digital challenger bank focused on sustainable finance, has appointed Neil Chandler, former CEO of Aion Bank, as its new chief executive officer.

Tandem Bank names new CEO Neil Chandler to lead green banking

Tandem Bank, a UK-based digital challenger bank focused on sustainable finance, has appointed Neil Chandler, former CEO of Aion Bank, as its new chief...
Environmental, social, and governance (ESG) finance courses are undergoing a global transformation, moving away from idealistic frameworks to a more grounded, risk-focused approach, according to a recent report by KnowESG.

ESG finance education shifts toward pragmatism

Environmental, social, and governance (ESG) finance courses are undergoing a global transformation, moving away from idealistic frameworks to a more grounded, risk-focused approach, according...
BeZero Carbon unveils tool for assessing project risk

BeZero Carbon unveils tool for assessing project risk

BeZero Carbon, a global carbon ratings agency, has launched a new interactive tool designed to assess the risk profile of unrated carbon projects.
Sustainable finance platform Goparity secures €2.9m to scale ethical investing

Sustainable finance platform Goparity secures €2.9m to scale ethical investing

Portuguese sustainable finance platform Goparity, which also operates in Spain and Canada, has raised €2.9m in a new funding round aimed at bolstering its...
Ocient, a Chicago-based software company delivering high-performance solutions for complex data and AI workloads, has announced the close of its $132m Series B funding round, marking its entry into the growth stage.

Ocient closes $132m Series B to scale sustainable data analytics solutions

Ocient, a Chicago-based software company delivering high-performance solutions for complex data and AI workloads, has announced the close of its $132m Series B funding...
Ominvest and Sustainable Square team up to advance sustainability through AI-powered ESG tool

Ominvest and Sustainable Square team up to advance sustainability through AI-powered ESG tool

Oman International Development and Investment Company (Ominvest), a leading investment group based in Oman, has entered into a strategic partnership with Sustainable Square, a UAE-based sustainability advisory firm, and adopted its proprietary ESG platform, Squarely.
Cytora, a digital risk processing platform, has partnered with Vāyuh, an AI-powered weather forecasting and climate analytics company, to revolutionise property insurance underwriting by integrating advanced climate data with risk assessment tools.

Cytora and Vāyuh partner to enhance climate risk insights for property insurers

Cytora, a digital risk processing platform, has partnered with Vāyuh, an AI-powered weather forecasting and climate analytics company, to revolutionise property insurance underwriting by integrating advanced climate data with risk assessment tools.
Kita, a London-based specialist in carbon insurance, has significantly increased its underwriting capacity to £22.5m, reinforcing its position as a leading player in the fast-growing carbon risk management sector.

Carbon insurance specialist Kita secures £22.5m capacity boost amid rising demand

Kita, a London-based specialist in carbon insurance, has significantly increased its underwriting capacity to £22.5m, reinforcing its position as a leading player in the fast-growing carbon risk management sector.
Several high-profile corporations are retreating from their environmental, social and governance (ESG) policies, sparking concern across the FinTech sector, where transparency and sustainable investment practices are becoming increasingly critical.

FinTech firms navigate ESG headwinds as global giants retreat from sustainability commitments

Several high-profile corporations are retreating from their environmental, social and governance (ESG) policies, sparking concern across the FinTech sector, where transparency and sustainable investment...

News Stories

AI

Is AI redefining the future of regulation and compliance?

The rise of artificial intelligence has transformed the financial industry. As it continues to move ahead, this is leading the technology to redefine the...
Only 21% of banks measure AI’s revenue impact

Only 21% of banks measure AI’s revenue impact

Banks are rapidly adopting AI, but most are still struggling to prove what the technology is actually delivering to the bottom line. Research from nCino’s...
BoE given new mandate to drive payments innovation

BoE given new mandate to drive payments innovation

The Bank of England (BoE) is set to receive a new secondary objective to support innovation across payment systems and digital money, as the...
insider trading

Insider trading risk evolves as digital markets expand

Insider trading risk is no longer confined to traditional securities, and compliance teams are being pushed to catch up with markets that never sleep....
Helcim raises $53m as banks retreat from SME payments

Helcim raises $53m as banks retreat from SME payments

Calgary-based payments platform Helcim has raised $53m in a Series C funding round, taking its valuation to $250m as it looks to capitalise on...

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