Global instant payment transactions are expected to exceed 235 billion by 2027, up from 74 billion in 2023, according to Juniper Research.
In a world where the need to digitalise and as well as the desire to connect online is growing stronger and stronger, the cyber industry plays a vital role in that.
Key European FinTech investment stats in February 2023:
• 82 European FinTech companies raised funding in February 2023, a 60% drop from the previous year
• The UK was the most active FinTech country in Europe during February accounting for 46% of total deals.
• Blockchain & Crypto was the most active FinTech subsector in Europe during the month with a 21%...
Abound, a UK FinTech that uses open banking and AI to provide better loan deals to consumers, has scored £500m in a mixture of debt and equity finance.
Deutsche Bank has unveiled an estimate today that its revenues from ESG business will grow to around €1.4bn per year, ahead of €800bn secured last year.
Lawmakers in the European Parliament and the European Council have unveiled an agreement on the creation of standards for European Green Bonds.
Global payments and transactional services firm Worldline has signed a strategic partnership with Printec Group to support financial institutions and merchants in Central and Eastern Europe (CEE).
Quantifind, an AI-powered financial crimes risk management solution developer, has secured $23m in a fresh funding round.
BestEx Research Group, a provider of algorithmic execution solutions for equity, futures and foreign exchange trading, has netted $10m in a funding round.
The US White House has released its National Cybersecurity Strategy as it looks to firm up its armour against a growing number of cyberattacks.
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