The global digital banking market was worth $12.1 billion in 2020 and is expected to hit approximately $30 billion by 2026. It’s clear that this fast-growing, lucrative space is not just for traditional market players like high street banks anymore - but for emerging fintech providers too. 

The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with Brunei Darussalam Central Bank to boost information exchange and cooperation between the two authorities.

The MoU was signed by representatives from the DFSA and Brunei Darussalam Central Bank on 4 April 2023.

Finance Incorporated Limited, a gateway provider of electronic money services, announced today it has selected ThetaRay AI-powered transaction monitoring technology to further strengthen its AML framework and grow business alongside increasing volumes of transaction data.

Leaf Round, a leading marketplace for exclusive, high-yield, fixed-income opportunities, has announced the appointment of Ramalingam Subramanian as its Chief Marketing Officer to help the company as it scales up its operations. Prior to joining Leaf Round, Ramalingam had played a pivotal role for three years as Head of Marketing in developing the brand CoinDCX as it went on to become India’s first Crypto Unicorn. 

Volante Technologies, the leading global provider of cloud payments and financial messaging solutions, today announced a strategic alliance with

Deutsche WertpapierService Bank AG (dwpbank), Germany's leading provider of securities services, has successfully launched the “wpNex” platform for digital assets and conducted pilot transactions with crypto assets for retail customers.  The platform was developed with valantic FSA providing the underlying automation and integration technology.

BPC and strategy consultancy Fincog today announced the launch of a new report highlighting the current state of the digital banking market in Europe, providing insights into key trends shaping the market and business models and strategies that banks are adopting to succeed in a rapidly changing landscape. 

Money20/20, the world’s leading fintech show, unveils its agenda for the upcoming Europe show in Amsterdam, June 6-8th. Over 300 speakers are expected to join Money20/20 Europe this year.

The Central Bank of the UAE (CBUAE) has launched its Central Bank Digital Currency (CBDC) Implementation Strategy in collaboration with R3, G42 Cloud and Clifford Chance. For Phase 1, R3 and G42 Cloud have been selected as the technology and infrastructure providers of the initiative respectively, while Clifford Chance will provide critical legal oversight for the strategy.

JCB International Co., Ltd., the international operations subsidiary of JCB Co. Ltd., today announced that merchants in multiple European markets will be able to accept JCB Cards, both at the physical point of sale and for e-commerce transactions. Over 150 Million international JCB Cardmembers will be welcomed by participating merchant clients of Fiserv, Inc., a leading global provider of payments and financial services technology solutions that enable card acceptance for tens of thousands of merchants in the region.