Tag: BaFin

US cements its place as a leader in the Global InsurTech...

Key Global InsurTech investment stats in H1 2024: Global InsurTech investments halved in H1 YoY US companies cemented its place on the Global InsurTech...

UK dominated European InsurTech deals as funding in the region increased...

Key European InsurTech investment stats in H1 2024: European InsurTech funding increased by 17% in H1 compared to the last six months of 2023...

ELEMENT, German InsurTech innovator, secures €50m in latest funding round

ELEMENT, a trailblazing InsurTech startup based in Germany, has successfully closed a funding round, securing €50m. The investment comes from notable entities including Versorgungswerk der...

German FinTech funding declined 74% in 2023, as large deals dried...

Key German FinTech investment stats in 2023: • German FinTech investment totalled at $911m in 2023, a 74% drop YoY • German FinTech deal activity totalled...

Navigating the EU AI Act: A strategic guide for AML and...

The upcoming Artificial Intelligence (AI) legislation, notably the European Parliament's Artificial Intelligence Act, is poised to redefine the regulatory landscape for financial institutions. Touted...

Navigating the risks: The urgent need for effective MNPI management

In recent years, the management of Material Non-Public Information (MNPI) has emerged as a significant concern within the compliance sphere. Regulatory bodies in the...

German FinTech investment fails to surpass $1bn in 2023

Key German FinTech investment stats in 2023: • German FinTech investment totalled at $911m in 2023, a 74% drop YoY • German FinTech deal activity totalled...

German FinTech Solaris in tight spot getting funding

Solaris, a prominent figure in the German FinTech sector, is experiencing hurdles as it tries to garner the necessary funding, casting shadows over its capability to fulfil a pivotal credit card agreement for ADAC, Europe’s leading motorists association. This situation hints at emerging challenges in the European FinTech domain.

Navigating market abuse enforcements: current focus and future implications

eFlow Global recently outlined some of the biggest challenges around navigating market abuse enforcement and future implications.

BaFin warns of looming cyberattack risk for financial sector

German financial regulator BaFin has warned the industry of the ‘very big’ risk of cyberattacks that could target the financial sector.

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