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Climate FinTech raised record $1.2bn in 2021

Investments into Climate FinTech companies raised $1.2bn in 2021, which is three-times higher than all of the previous years combined, a new report from CommerzVentures claims.

Italian FinTech investment continues strong growth post Covid-19

After a big decrease in the number of deals in 2019, in the first three quarters of 2021 the country’s FinTech deal activity has...

40% of banks in panic mode as unprepared for effective data...

Four in ten banks and financial services lack necessary infrastructure for a strong data foundation and 37% of firms are still reliant on manual data processes, global data and analytics software company Quantexa revealed.

Open banking-facilitated payments to grow by 2800% in five years

Global payment transactions facilitated by open banking are expected to exceed $116bn by 2026, rising from $4bn in 2021.

Volume of mobile transactions expected to surge

The volume of mobile transactions is expected to surge by 93% in the next two years.

Global e-signature market to grow at CAGR of 26.6% by 2030

The global e-signature market is expected to grow at a CAGR of 26.6% from 2021 to 2030, reaching $12.7bn in revenue.

Value of instant payments expected to grow 400% by 2026

The value of instant payments is expected to grow by 470% by 2026, with it expected to exceed $27.7trn.

Research provides guide for financial services industry in reducing gambling harm

UK charity GambleAware has published a guide to help companies in the financial services market reduce gambling-related harm to customers.

Report finds finance teams want greater digital and data sovereignty

A research study by MHR Analytics has discovered finance teams want to have greater control of their own digital and data futures instead of being run by external consultants.

Report finds branch-based banking may become obsolete within five years

A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.

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