A US District Judge in Kansas City, Stephen Bough, has struck down a Missouri state rule that imposed restrictions on investment advisers regarding the incorporation of ESG criteria into their financial advice. According to Environmental Finance, this rule, introduced in the previous year by the Republican-majority state, required securities firms and professionals to secure a signature from investors before...

DCS Innov, a subsidiary of DCS Fintech Holdings, has completed its acquisition of HolyWally, a trailblazer in the Wallet-as-a-Service (WaaS) sector.

Over $1.06bn was raised in all the FinTech deals reporting by FinTech Global this week, as the sector continues to drive home big raises as 2024 goes on.  

Amount, a leading digital origination and decisioning SaaS platform, has successfully closed a $30m equity capital raise.

Boosted.ai, a Toronto-based company specializing in automating investment management through AI, has received a significant boost with a $10m growth capital infusion from CIBC Innovation Banking.

The Sustainable Finance Lab has called for enhanced standardisation in banks' transition plans to facilitate better comparability and alignment across the financial system.

CLARA Analytics, a leading provider of AI-driven technology for insurance claims optimisation, has announced two significant executive hires.

Cyan AG has joined forces with Wefox Austria, a SaaS platform that caters to insurance brokers, to launch a new cybersecurity and insurance offering. The collaboration between Cyan AG and Wefox aims to address the growing threat of cyber-attacks in Austria by offering comprehensive protection through their new app, weprotect, according to InsurTech Insights. The app combines real-time cyber threat detection...

Prudential, a multinational life insurance and financial services company, has partnered with Google Cloud to build the future of insurance with AI.

The rapid advancements in artificial intelligence, particularly in language model technology, are reshaping the data science landscape.