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70% of European banks and fintechs to increase investment in financial technology over the next 18 months despite the downturn

Press Release 15/03/2023 No Comments

Europe

Brite Payments Extends Payouts Coverage to New Markets in Central and Eastern Europe

15/03/2023

Banking

Wirecard: The Greatest Corporate Swindle In German History, But What Happened Next?

08/03/2023

banking

Results of the December 2022 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

13/01/2023

Press Release

70% of European banks and fintechs to increase investment in financial technology over the next 18 months despite the downturn

March 15, 2023

CCgroup, the multi-award winning fintech PR and marketing consultancy, today launched research findings from “How to influence fintech buyers”, based on a survey of major banks and fintechs across five European markets. The report reveals that, despite the fintech and wider economic downturn, 70% of European financial institutions expect to increase investment in financial technology over the next 18 months.

Press Release

Brite Payments Extends Payouts Coverage to New Markets in Central and Eastern Europe

March 15, 2023

Brite Payments, one of Sweden’s fastest growing fintechs and a leader in instant bank payments, has today announced expanded coverage across Central and Eastern Europe.

Banking Europe Hot News News

Wirecard: The Greatest Corporate Swindle In German History, But What Happened Next?

March 8, 2023

The Wirecard fraud was the largest corporate fraud in the history of Germany. But did Germany's other financial institutions cope?

Press Release

Results of the December 2022 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

January 13, 2023

Press Release

The last holiday with the Croatian kuna? Not at all!

September 1, 2022

The monetary units, kuna and lipa, associated by many with sunny holidays on the Adriatic, are becoming a thing of the past.

Press Release

ECB sanctions Bank of Cyprus for transferring liquidity to subsidiaries without approval

March 11, 2022

The European Central Bank (ECB) has imposed an administrative penalty of €575,000 on Bank of Cyprus Public Company Ltd (Bank of Cyprus) after it transferred liquidity to its operating subsidiaries without seeking prior approval from the supervisor.

Banking Europe News

Are Banks Facing Russia Sanctions Doing Enough?

February 28, 2022

Are the CEOs of global banks and financial institutions showing enough leadership over sanctions with Russia?

Press Release

ECB assesses that Sberbank Europe AG and its subsidiaries in Croatia and Slovenia are failing or likely to fail

February 28, 2022

The European Central Bank (ECB) has assessed that Sberbank Europe AG and its two subsidiaries in the banking union, Sberbank d.d. in Croatia and Sberbank banka d.d. in Slovenia, are failing or likely to fail owing to a deterioration of their liquidity situation.

Europe Fintech

Fast-tracked fintech: Modulr’s reasons for going Dutch

February 23, 2022

Modulr is a leading Payments-as-a-Service platform for digital businesses and one of the UK’s fastest growing tech companies. In September 2021, we were pleased to announce the opening of our offices in the Netherlands and we’ve also recently announced that we’re licensed as an Electronic Money Institution by De Nederlandsche Bank (DNB)

Press Release

Money20/20 Successfully Re-Unites Global Fintech Community

December 3, 2021

Money20/20 today reports that more than 8,000 attendees, from over 2,500 companies participated at Money20/20 USA at The Venetian Resort, Las Vegas in late October. The event was a showcase for the fastest growing and most innovative fintech companies. This follows the hugely successful Money 20/20 Europe, held in Amsterdam in September, which hosted more than 4,000 attendees from 1,500 companies.

Europe Fintech PayTech

How important is consumer choice in Europe?

September 9, 2021

“Europe is one example where AppGallery has grown considerably since its global launch three years ago. Huawei’s AppGallery is now the world’s third largest app marketplace with 540 million monthly active users (MAUs), growing in Europe by 61.5% year-on-year to more than 42 million users.” Michael shared.

Banking Europe Sustainability ESG

Good results for Amundi is good news for Europe

July 30, 2021

Today’s news by Amundi shows a strong result so far in 2021. Some of the takeaways of the financial statements for the second quarter of 2021 were summarized by their CEO, Valérie Baudson, who spoke about their Medium-Long-Term (MLT) Assets amongst other things:

Press Release

Banks: Personal data increasingly protected with the DEFeND Project

March 22, 2021

The initiative was developed by a consortium of ten European public and private entities from Italy, Belgium, Bulgaria, France, Greece, Portugal, Spain and the United Kingdom.

Europe Startups

Finch Capital completes successful first close of Europe III: its 150M EUR fund invests in high-growth FinTech and AI startups shaping the future of finance

February 10, 2021

As with its previous funds, Finch plans to back 15-20 European startups, targeting liquidity 3-5 years post investment, over the fund’s three year initial investment lifespan.

Fintech

sync & Nordigen combine to offer Europe’s most advanced budgeting tools

February 4, 2021

While many of us are used to hearing stories about VISA partnering with some bank or another to offer a new service, it is less common to hear of two FinTechs forming similar partnerships.

Europe Fintech

Can digital finance deliver social value to European citizens?

January 28, 2021

The danger is that this digital finance ecosystem will simply get sucked into the mainstream banking industry through acquisition, or because FinTech becomes merely back-end service providers to the big banks and disappears as an industry of its own. Or FinTech will try to mimic the big banks, driven by where the money is or by the constraints of regulation.

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