Volume of instant payments to exceed 235 billion by 2027
Global instant payment transactions are expected to exceed 235 billion by 2027, up from 74 billion in 2023, according to Juniper Research.
cyber
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.
top 10 fintech deals in february 2023
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
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
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.
bonds
Lawmakers in the European Parliament and the European Council have unveiled an agreement on the creation of standards for European Green Bonds.
Worldline-Printec-partner-to-support-FIs-in-CEE
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).
Financial-crimes-risk-management-solution-dev-Quantifind-raises-$23m
Quantifind, an AI-powered financial crimes risk management solution developer, has secured $23m in a fresh funding round.
Algorithmic execution solution dev BestEx Research nets $10m
BestEx Research Group, a provider of algorithmic execution solutions for equity, futures and foreign exchange trading, has netted $10m in a funding round.
White House
The US White House has released its National Cybersecurity Strategy as it looks to firm up its armour against a growing number of cyberattacks.

News Stories

AI

AI attackers are breaking financial crime compliance

A 1993 New Yorker cartoon showed one dog telling another, "On the Internet, nobody knows you're a dog." The joke has held up rather...
FinTech

Red-letter week for FinTechs as $1bn raised across 17 deals

This week was a powerful funding week for FinTech firms, with $1.07bn raised across a healthy 17 deals. This marks a second consecutive week of...
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Why RegTech’s survival race is just beginning

The RegTech market has entered a new era. What began as an experimental space populated by agile startups has matured into a mainstream industry...
Deluxe

Deluxe acquires Celero Commerce in $625m deal

Deluxe has agreed to acquire FinTech firm Celero Commerce for $625m, in a deal that will significantly accelerate its strategic shift away from legacy...

ASIC seeks $35m as HSBC admits scam protection gaps

HSBC Bank Australia Limited (HSBC), the Australian arm of one of the world's largest banking groups, is facing a $35m penalty after admitting to...

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