B2B domestic payment transaction value to exceed $54trn in 2023
A study by Juniper Research has found the transaction value of business-to-business domestic payments across payment methods is expected to surpass $54trn in 2023.
ComplyAdvantage extends AML program to US and Canadian FinTechs
Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.
Biggest ever equity crowdfund on Crowdcube sees FinTech Chip bag £11.5m
Digital savings account Chip has raised £11.5m in what is to date the biggest equity crowdfund held on investment crowdfunding platform Crowdcube.
EBA repeals PSD1 internet payments security guidelines
The European Banking Authority (EBA) has officially repealed its guidelines on the security of internet payments under the former Payments Services Directive (PSD1).
Ransomware demands shoot up by over 500% in first half of 2021
A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.
Plum plucks $14m from Series A raise
UK FinTech startup Plum FinTech has brought in $14m from a Series A funding round headed by Ventura Capital and DMG Ventures.
How is the sustainability revolution changing the banking sector?
A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable has changed the banking industry.
G7 finance group endorses policy principals for retail CBDCs
Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).
Nigerian FinTech Sparkle nets $3.1m seed to scale operations
Sparkle has secured $3.1m in seed funding to expand the reach of its mobile-first digital bank service.
TradingView hits $3bn valuation following large Tiger Global investment
Retail traders and investors social network TradingView has secured $298m in financing from Tiger Global, bumping up its overall value to $3bn.
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