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Money laundering fines hit $5 billion in 2022

20 Jan 23 @ 11:22

Money laundering and other financial crime fines handed out to banks and FI’s have peaked at more than 50% of last years total, demonstrating that the penalties are simply failing... read more

“Slick” – How LockBit became the world No.1 ransomware group

19 Jan 23 @ 16:42

LockBit has been busy: in just the past month, it has claimed to have compromised 40 organisations, from a private school in Malaysia to a dental group in Sydney, helping... read more

Nigeria’s payments opportunity may be slow in coming – but will be huge

19 Jan 23 @ 11:00

Nigeria’s mobile-payments transactions are growing at one of the fastest rates in the region, with the sector looking set to dominate the future of payments here, according to a brand-new... read more

51% of European businesses believe BaaS will replace traditional banking

19 Jan 23 @ 09:56

Over half of European business leaders expect Banking-as-a-Service (BaaS) to make traditional banking obsolete, according to new research from Vodeno/Aion. The report – Banking-as-a-Service 2.0: Why Embedded Finance will make its... read more

The role of FinOps: Cloud spend transformation requires a new approach

18 Jan 23 @ 10:00

Global cloud spending has reached its peak over its history. According to Gartner, the total amount of investments in the industry will reach $830 billion by 2025. The actual figures... read more

Android banking Trojan Godfather rears ugly head

17 Jan 23 @ 18:23

Researchers at Cyble Research & Intelligence Labs (CRIL) have found a new version of the Android banking Trojan called Godfather. The new version of Godfather uses an icon and name similar... read more

Trends for 2023: FinTech and its rapid regeneration

17 Jan 23 @ 13:20

FinTech start-ups are facing the rockiest market conditions since they were founded, but many are already adapting by expanding into new spaces and catering to enterprises. FinTech is undergoing a... read more

The Eurogroup wades in on the digital euro project

17 Jan 23 @ 11:00

Since the launch of the investigation into the possible issuance of a digital euro in October 20211 in response to the invitation by Leaders at the Eurosummit, the Eurogroup has held... read more

2023 predictions: Authentication, digital identity and in-car payments

13 Jan 23 @ 18:07

As the number of devices and connected services rise, our lives are becoming increasingly digitised. Keeping up with this evolving landscape is vital, and 2023 promises to bring with it... read more

War on cash: Withdrawals on the rise for first time in 13 years

13 Jan 23 @ 12:50

There are worrying signs that the war on cash is not going well…Payments Cards & Mobile recently reported that in the UK consumers are switching back to cash in a... read more

These are the best Tech jobs for 2023

13 Jan 23 @ 09:45

You might be well aware that January is a big month in sports transfers, with the football transfer window opening at the start of the month for clubs in England... read more

The secret fight for super app supremacy

12 Jan 23 @ 17:38

The ground is being set for a massive clash of super app platforms vying to dominate consumers’ online life. Super apps are the Swiss Army Knives of consumer tech platforms.... read more

UK Government focuses in on Digital Pound CBDC

12 Jan 23 @ 14:05

The EU has set out the world’s first comprehensive set of rules for regulating crypto markets in its MiCA regulation. They are due to receive final approval in the coming... read more

Report: State of Mobile 2023 – Mobile banking comes of age

12 Jan 23 @ 12:56

As this industry enters 2023, we are genuinely navigating uncharted waters: the “post-COVID” era is upon us as consumers emerge from almost three years of pandemic life. Pent-up demand for... read more

Banking and payments – where are they heading in 2023?

11 Jan 23 @ 17:53

With COVID-19 now in the rear view mirror, Financial Institutions (FIs) are no longer forced to deal with the immediate adaptations that the pandemic required. Instead, the financial services industry... read more

Crypto hacks: The top 10 hack in 2022

11 Jan 23 @ 13:22

The market cap of all digital assets reached $3 trillion in November 2021, a 21,000% increase since 2016. But that growth has been far from smooth and more recently the... read more

Acquirers: Cut churn, improve profits and deliver better digital services

11 Jan 23 @ 10:34

A new white paper from Tribe Payments surveys 1,000 small and medium merchants (SMEs) in major European markets to find out what they need from acquirers. The results show merchant needs... read more

UK B2B SMEs missing out on opportunity to use BNPL to grow sales

10 Jan 23 @ 15:39

Coming directly after Santander announced its new platform, research published by Kriya, shows that the leaders of UK B2B firms do not plan to offer BNPL on their e-commerce sites... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more