Tag: European Commission

Key ESG FinTech investment stats in Q3 2023: • ESG FinTech deal activity in Q3 2023 reached 17 deals, a 10% drop QoQ • ESG FinTech...

Key European FinTech seed deal investment stats in Q3 2023: • European FinTech seed activity totalled at 147 deals in Q3 2023, a 25% drop...

The Corporate Sustainability Due Diligence Directive, commonly referred to as CSDDD or CS3D, is Europe's ambitious initiative aimed at instilling sustainable practices within the corporate world. Designed to monitor and ensure that corporations are accountable for their human rights and environmental impacts, the directive is making waves and is projected to be adopted by the end of 2023.

Key European FinTech seed investment stats in H1 2023: • European FinTech seed deal activity is on track to reach 714 deals in 2023, a...

Signicat, a dominant figure in the European Digital Identity sector, recently made a significant move by incorporating the Italian e-identity system, SPID (Sistema Pubblico di Identità Digitale), into their electronic identity range.

Key Spanish FinTech investment stats in H1 2023: • Spanish FinTech deal activity is on track to reach 104 transactions in 2023, a 21% increase...

The European Commission has recently joined hands with Moody's Analytics to overhaul its anti-fraud operations.

AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.

Although financial participation continues to linger at around 10% among European banking clients, a stark contrast to the 89% of individuals acknowledging the importance of financial preparedness for their future, several emerging trends are inspiring optimism. These trends are pushing financial participation to new heights.

The European Commission has proposed changes to the Central Securities Depositories Regulation to boost efficiency of the EU’s settlement markets and protect financial stability.