In the first six months of 2023, Singapore fintechs raised US$934 million across 84 deals in mergers & acquisitions (M&A), private equity (PE), and venture capital (VC), according to the KPMG Pulse of Fintech H1'23 - reflecting a 41 per cent fall from US$1.6 billion across 117 deals in H2'22. Global trends echo local analysis with total funding and the number of deals dropping, from US$63.2 billion across 2,885 deals in H2'22 to US$52.4 billion in across 2,153 deals in H1'23.

Wire Network, a leader in cross-chain infrastructure for decentralized applications, today announced its strategic partnership with 

Flutterwave, Africa’s leading payments technology company, today announced the enhancement of its $end Mobile product, now Send App by Flutterwave, to facilitate faster, easier, and more affordable money transfers from people in the diaspora to their families, friends, and loved ones in Africa. Send App now supports transfers from US and Canada and has added new recipient countries namely Egypt and Sénégal in its network. Launche

AWS has launched its brand new program AWS Global Fintech Accelerator in collaboration with NVIDIA and Vestbee that will equip fintech startups with tools, resources and a wide network of top experts, and VC funds to fast-track their AI development and business success. 

finova, the UK's largest cloud-based mortgages and savings software provider, has today announced that its award-winning CRM platform will be adopted by StepChange Financial Solutions, a subsidiary of leading UK debt charity StepChange that provides no obligation advice for UK borrowers.

ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, has enhanced its XTP Execution solution by providing direct access to Cboe Europe Derivatives (CEDX), a pan-European equity derivatives exchange.

GTreasury, a treasury, payments, and risk management software provider, and Convera, the largest non-bank global B2B payments provider, today announced a partnership to offer an integrated payments service on GTreasury’s treasury management system (TMS) software.

Moody’s Analytics today announced it has been awarded a new Framework Contract (FWC) by European Anti-Fraud Office (OLAF), to provide company data, information on connected individuals, and risk indicators encompassed in Moody’s Analytics’ Orbis database. The evaluation committee scored the Orbis database 87 out of 100 for the quality of its data and risk indicators.

International trading is difficult but comes with opportunities. Companies, lured by opportunities, go for international trading and fall into problems. 

When you do not know, you can do foolish things, and that is what goes on with many companies that are newly trying to come up with international trading ideas. However, international trading needs a proper understanding of compliance.

The FinTech industry has experienced meteoric growth as financial institutions and startups embrace the simultaneous growth in technology. While the rapid expansion of the sector is welcome news, it isn’t without its challenges.

While it may appear that video security's role would diminish in such a predominantly digital industry, the reality is quite the contrary. Unassumingly yet effectively, video security is revolutionizing the FinTech landscape from within.