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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

How QUODD is helping firms take back control of market data

How QUODD is helping firms take back control of market data

Data is the lifeblood for modern finance, and how it’s managed can make or break a business. QUODD was built to help firms improve...

FinTech funding hits $800bn as US firms dominate market

US firms secured almost half of all FinTech deals this week, as global funding reached a solid $800m across 21 transactions. American companies accounted for...
Most UK financial planning firms say AI won't cut jobs in 2026. Discover what the data reveals about AI adoption trends

Most financial planning firms say AI won’t cut jobs in 2026

The Saltus Partnership Programme, a support network for financial planning firms, and L.E.K. Consulting, a global management consultancy, have jointly released the second edition...
HB Wealth adopts Arch to scale private markets ops

HB Wealth adopts Arch to scale private markets ops

HB Wealth, a fee-only independent wealth management firm with $30bn in assets under management, has expanded its partnership with Arch, a private markets operations...

Prometeia opens Frankfurt office to deepen EU presence

Italian advisory and analytics firm Prometeia has expanded its European footprint with the launch of a representative office in Frankfurt. The German city is home...

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