In Q2 of 2023, the UK saw a rise in fraudulent activity with a loss of £593m, pushing the total stolen cash in the past year to almost £3.5bn.

Jericho Security, an artificial intelligence cybersecurity startup founded earlier this year, announced that it has secured $3m in funding.

Key Indian FinTech seed deal investment stats in Q2 2023: • Indian FinTech seed deal activity reached 41 transactions in Q2, a 21% drop compared to the same period in 2022 • The average FinTech seed deal size was $2.04m in Q2 2023, a 36% decline YoY • Lending Technology was the most active Indian FinTech seed deal subsector with nine deals India’s...

Funding for Buy Now Pay Later (BNPL) has dropped significantly in 2023 and the sector is on track to report its lowest deal activity and investment in the past five years. BNPL deal activity is on track to reach 34 deals in 2023, a 56% drop from 2022. BNPL funding has also dropped significantly. Based on the first half...

USA dominated this week's FinTech funding rounds, with 15 of the 22 rounds, totalling 

Key Australian FinTech investment stats in Q2 2023: • Australian FinTech deal activity reached 17 transactions in Q2 2023, a 62% drop when compared to the same period last year • Australian FinTech funding ended the second quarter at $60m, the lowest reported quarterly figure in the past five years • CyberTech was the most active Australian FinTech subsector in Q2 2023...

Financial service providers, estate agents, and attorneys operating in South Africa face a critical challenge: aligning their processes with Directive 8.

London-based PayTech Pockit has announced that it has secured $10m in a growth round. 

Stripe, a financial infrastructure platform for businesses, has revealed Steffan Tomlinson will be stepping into the role of CFO.

A significant upgrade has been introduced to KYC Portal's application completeness feature, aiming to enhance the user experience.