With many industry commentators predicting that 2023 will be a year of enhanced regulations across the fintech sector, Monneo has announced the hire of payments industry veteran and risk expert, Steve Wilson as its new Head of Compliance. The company, which offers a true end-to-end payments solution for the eCommerce industry, will leverage Mr Wilson’s considerable expertise to further enhance the performance of its existing Onboarding, Risk and Compliance teams.  

Billtrust, a B2B order-to-cash software market leader, today announced imminent changes to European e-invoicing mandates which can affect compliance for B2B companies.

UK-based FinTech Stubben Edge Group (the Company) has today announced that it has secured a further £5.6m in investment. Once again, the round was oversubscribed and very well received by both existing and new shareholders, giving the Company a pre-money valuation of £175m and representing a 75% uplift on the previous fundraise. It further demonstrates investors’ confidence in the Group which enjoyed topline revenue growth of over 400% in 2022 and is forecasting similar growth this year.

Clausematch, a technology company developing solutions for regulatory compliance, today announced it has released the digital knowledge graph in open source. Regulators and financial services companies now have access to test the graph and see how regulation in a structured digital format works. The AI developments carried out by Clausematch underlying the release of the knowledge graph fundamentally transform the approach to the very understanding of regulation and how it can be delivered.

Over the next 12 months, we'll see more disruption as innovations, like company cards and joined-up expense management software, regulations, and business models, continue transforming the financial services landscape.

Artificial Intelligence (AI) is set to play a central role in the future of financial services, and advisors are already recognising the potential this tech has to offer – a resounding 98% believe AI will impact the future of financial advice.

Tarabut Gateway, MENA’s leading regulated open banking platform, announces two new appointments to its management team. 
Oussama Bouhcine joins as Vice President of Customer Success and Services and Derek Lakin joins as Vice President of Engineering.

Worldline, a global leader in the payments industry, has extended its long-standing relationship with MSC Cruises, the third-largest cruise brand in the world. Working together, Worldline and MSC Cruises will provide a personalised and homogeneous experience to their demanding cruise guests across Europe.

Coverflex, the flexible compensation solution that allows companies to reduce costs and maximises their people’s earning potential, is announcing a Series A €15 million led by SCOR Ventures.