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S-RM Cyber Security Report: Incident Response Data Shows Threat Actors Doubled While Ransomware Payments Decreased

S-RM, leading global cybersecurity and intelligence consultancy, has released its 2025 Cyber Incidents Insights Report, which reveals that in 2024, the cybersecurity landscape became increasingly fractured as ransomware attacks incre

Tuesday, February 25, 2025 - 11:43
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Financial IT
Nexi and Klarna Partner to Boost Merchant Growth

 Nexi, the European PayTech, serving millions of merchants in more than 25 countries, and Klarna, the AI-powered payments and commerce network, have expanded their relationship into a global partnership. 

Tuesday, February 25, 2025 - 09:09
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Financial IT
FINOM Unveils Autonomous AI Accounting Agent to Revolutionize Financial Management for SMEs and Freelancers

FINOM, the European financial services platform for SMEs, today announced an autonomous AI agent that streamlines financial management and automates accounting workflows for freelancers and small businesses. The AI Accounting agent will first launch in Germany, Europe's largest SME market, with plans to expand across the EU throughout 2025.

Tuesday, February 25, 2025 - 09:01
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Financial IT
AI Advancing as a Strategic Driver of the Next Generation of Payments and Treasury Solutions – HSBC

AI is advancing as a strategic driver of the next generation of payments and treasury solutions, as organisations seek to leverage technology to address operational challenges effectively, a new report by HSBC, in collaboration with Accenture, highlights.   

The report, Navigating the AI Wave: Innovations in Commercial Payments, underlines how finance leaders expect AI tools to become increasingly integral to their risk management decision-making processes, with 61% saying AI is expected to be very or extremely useful compared to 38% today.

Tuesday, February 25, 2025 - 08:58
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Financial IT
Fast-Growing Fintech Firenze and Monument Bank Forge £160M Strategic Partnership to Expand Lombard Lending Access

Firenze, the fast-growing fintech offering Lombard lending to wealth managers, has formed a strategic partnership with Monument Bank, the UK’s first challenger bank dedicated to the mass-affluent segment.

Monument has committed a £160m funding line to Firenze, empowering the fintech to scale its Lombard loan offering for wealth management firms while reinforcing Monument’s position as a leading provider of tailored financial solutions to its target market.

Tuesday, February 25, 2025 - 08:54
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Financial IT
Gatehouse Bank Publishes New Report Urging Government to Level the Playing Field for Islamic Finance

Gatehouse Bank, a Shariah-compliant, ethical UK challenger bank, has published a report* outlining four key recommendations for the UK government to unlock further growth by levelling the playing field between Islamic and conventional finance.

Tuesday, February 25, 2025 - 08:50
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Financial IT
Zopa to Move to Landmark New Headquarters Amidst 2025 Growth Blitz

Zopa, the British digital bank pioneer with more than 1.4 million customers, will almost double its office footprint as it makes plans to relocate to brand-new headquarters at 20 Water Street in Canary Wharf. 

Tuesday, February 25, 2025 - 08:47
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Financial IT
PAIR Finance Expands Into Portugal

PAIR Finance, the leading provider of AI-based receivables management, is today announcing its entry into the Portuguese market. The expansion strengthens the fintech company's presence in Europe, where it is now active in a total of nine markets. The first major existing customers are already using the service in Portugal.

Tuesday, February 25, 2025 - 08:44
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Financial IT
Embat Acquires Necto, Strengthening Its Leadership in Global Corporate Banking Connectivity Through APIs

Embat, a European fintech specialising in real-time treasury management, has acquired Necto, a US-based company and the global leader in premium bank API connectivity, enabling seamless access to banking data and the execution and monitoring of instant payments. 

Tuesday, February 25, 2025 - 08:39
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Financial IT
ClearScore Secures £30M Financing From HSBC Innovation Banking UK to Fuel Next Phase of Growth

The ClearScore Group, a leading global FinTech and data-driven financial marketplace, has secured £30 million in debt financing from HSBC Innovation Banking UK to drive further business growth across domestic and international markets.

Tuesday, February 25, 2025 - 08:35
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Financial IT

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