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European financial institutions lose over €5bn every year on poor customer onboarding

Poor onboarding practices cost European financial institutions over €5.7bn every year, according to new research.

Biometrics to add $5bn in revenue to banks by 2026

Fingerprint sensor technology could end up adding $5bn in biometric payments to banks around the world's revenues by 2026, according to UBS.

270 service deposit addresses drive more than half of cryptocurrency money laundering

More than half of the world's cryptocurrency money laundering is made through 270 service deposit addresses, according to new research.

Eurobank moves to comply with new money laundering rules with FICO

In response to the EU's new money laundering regulations, Greek Eurobank has expanded its partnership with FICO to comply with the law.

Why Mastercard will start to support cryptocurrencies directly on its network

Mastercard has announced that it will start to support select cryptocurrencies on its network to give customers and merchants more options.

Introducing the Global RegTech Buyer’s Guide 2021 to help financial firm pick the right...

Picking the right RegTech company to invest in is difficult. Luckily, the Global RegTech Buyer's Guide 2021 has just been launched to help make it easier to make the right choice.

The 38 FinTech funding rounds raised last week highlight the success of payments companies...

While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds. The FinTech industry returned...

Revealing the ten biggest FinTech funding rounds in 2020

Massive amounts of capital have been injected into the FinTech industry in 2020, but ten companies raised bigger rounds than the rest.

Latin America and teen-focused FinTech services are coming of age as the industry closes...

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.

News Stories

Slow week for FinTech, with just $350m raised across 10 deals

It was a slow week for FinTech deals, with just $350m raised across 10 deals.  This represented a significant drop from the previous weeks. A...
How Majesco made the transition to becoming an AI-first company

How Majesco made the transition to becoming an AI-first company

While hype around AI has intensified recently, it has been around for decades, albeit confined to more niche and specific technology branches that lacked...
Allianz UK simplifies digital trading for SME brokers

Allianz UK simplifies digital trading for SME brokers

Allianz UK, the insurance giant, has refreshed its Complete Business proposition for digital trading, aiming to make it quicker and more straightforward for brokers...
WBS extends Quai Digital deal with fractional dealing

WBS extends Quai Digital deal with fractional dealing

WBS, a UK-based provider of dealing, custody and technology solutions for the investment sector, has agreed a five-year extension to its partnership with Quai...
Cardless strengthens executive team for next growth phase

Cardless strengthens executive team for next growth phase

Cardless, an AI-powered financial services platform that enables brands to launch and manage co-branded card programmes, has appointed Mark Troianovski as chief business officer...

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