FinTech Magazine October 2024 | Page 13

REPORT SUMMARY

Zilch

Zilch achieves

£ 100m

Revenue Milestone

in just four years

Axway Axway acquires Sopra banking software for

€ 330m

( US $ 367.5m )

Trustwave : Unveiling Cyber Threats

Trustwave : The average cost of a data breach in financial services is

US $ 6.08m

700 %

Salesforce

A 700 % increase in businesses reporting the need to scale up AI capabilities in H1 2024

Open Banking Milestone

As of July 2024 , the number of open banking users in the UK reached 11.32 million , marking

+ 12 % M / M