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NEWSBYTE New research from analyst firm Juniper Research predicts that the total volume of domestic money transfers via mobile devices will exceed $203 billion by 2024, up from $130 billion last year – an increase of 56 percent over five years.

Chancellor of the Exchequer Sajid Javid’s suggestion that the UK may be diverging completely from European rules and regulations after Brexit has caused alarm across the business community.

Visa has announced that it is to buy FinTech start-up Plaid for $5.3 billion, including $4.9 billion in cash.

Global revenues for regulatory technology (RegTech) are expected to rise to $7.2 billion by 2023, from $2.3 billion in 2018 – representing a compound annual growth rate (CAGR) of over 25 percent.

NEWSBYTE London-based digital bookkeeping tools provider Receipt Bank has raised $73 million in Series C funding, according to an announcement from the company.

South-east Asian ride-sharing company Grab is to extend its move into FinTech and payments by applying for one of five digital banking licences that are being issued in Singapore, where it is headquartered.