Open banking-facilitated payments to grow by 2800% in five years
Global payment transactions facilitated by open banking are expected to exceed $116bn by 2026, rising from $4bn in 2021.
Regulators must punish traditional and challenger banks harsher to avoid IT failures, Treasury committee...
British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.
UK set to ease financial rules to deal with post-Brexit slump
The UK government has unveiled a revamp of financial regulations in the country in a move to strengthen the country’s financial status post-Brexit.
HSBC and Barclays call for ‘shake-up of open banking’ over high costs
UK banks HSBC and Barclays have railed against open banking reforms as the amount they have spent to share customer data with smaller rivals has been 'significantly higher' than original estimates.
Are workforces globally taking cybersecurity for granted?
While cybersecurity may be occupying a growing space in the attention of workforces worldwide, a recent report by Deloitte has found many workers may be taking their own cyber hygiene for granted.
Picture perfect: how InsurTech 100 company Tractable is changing insurance with photos
Tractable is able to automatically assert auto claims for insurers by leveraging deep machine learning on pictures. Tractable’s technology gives the old adage that a...
Crypto firm Amber bags $300m
Amber Group, a cryptocurrency trading company, has landed $300m in a Series C investment round.
Deepbridge secures £15m commitment from British Business Investments
UK-based venture capital investment manager Deepbridge Capital has secured a £15m package from British Business Investments which it will use to fund early-stage businesses across the UK.
Stori pushes ahead in Latin America with $200m financing
Mexican FinTech Stori has secured over $200m in financing following a $125m Series C raise and a $75m debt financing haul.
Goldman Sachs has handed out roughly $10bn in credit to Apple Card
Investment bank Goldman Sachs has extended credit lines worth $10bn to Apple Card users since Apple launched the credit card in the last quarter.
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