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/covid-19

FS firms accelerating digital plans amid Covid 19: Broadridge

More than half of financial services companies plan to accelerate implementation of their next generation technology strategies, according to a new global survey of 500 financial services C-Suite executives and their direct reports released today by Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader

/startups

CCAF, World Bank and the World Economic Forum investigate Covid-19's impact on global fintech

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic Forum to launch a Global Covid-19 FinTech Market Rapid Assessment Survey. The empirical data collected will be used to understand Covid-19’s impact on the FinTech markets, how the global FinTech industry has responded and some of the immediate regulatory and policy implications.

/payments

US Faster Payments Council publishes interoperability white paper

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today released a new Faster Payments Interoperability white paper developed by the FPC Network Committee.

/retail

Finos adds members

Finos (the Fintech Open Source Foundation), a nonprofit whose mission is to foster adoption of open source, open standards, and collaborative software development practices in financial services, today announces the addition of three new leading financial services and technology companies to its prestigious membership roster already comprised of leading financial institutions, fintechs and consultancies.

/security

European payment terminal fraud up 35% in 2019

The European Association for Secure Transactions (EAST) has just published a European Payment Terminal Crime Report covering 2019 which reports that terminal fraud attacks were up 35%.

/startups

Greater Manchester top UK fintech region outside London - report

A new report from Whitecap Consulting has found Greater Manchester is home to a thriving and growing FinTech sector, which (outside London) is the largest regional FinTech ecosystem in England.

/Research/analysis

Canadian FS players say digital transformation a top priority

According to a recent survey of Canadian financial services professionals by Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, digital transformation is of critical importance to the future success of their firms.

/payments

Integration largest hurdle to innovation adoption in payments - survey

Artificial intelligence (AI) continues to disrupt many industries, and the business payments and banking industries are no exception.

/Research/analysis

Financial firms could generate $140 billion from workforce modernisation - Accenture

Financial services companies in North America could unlock up to US$140 billion in productivity gains and cost savings by 2025 if they employ new technologies that help improve the efficiency and effectiveness of their workforces, according to a recent study by Accenture.

/ai

UK FI workers say AI can transform sector

More than two-thirds (67%) of UK Financial Services (FS) workers believe that artificial intelligence (AI) has the potential to transform many FS practices, according to new research from content services firm Nuxeo out today.

/Research/analysis

Confidence in service providers critical to open banking adoption - survey

The overwhelming majority of consumers would prefer their main bank, as opposed to other banks or third-party providers (TPPs), to be their primary source of open banking services, a new pan-European study from Mobey Forum and Aite Group has revealed.

/Research/analysis

China's growth cements UnionPay as world's largest card scheme

New research from RBR shows that there were 16 billion payment cards in circulation at the end of 2018, up by 10% since a year earlier.

/Research/analysis

Pleo teams with Nordic API Gateway to drive access to transaction data

Nordic API Gateway is setting new standards for the accounting industry across the Nordics. Today, the open banking platform announces its partnership with Pleo, a collaboration that will accelerate access to transaction data and give Pleo the ability to build an even better customer experience for its more than 5.000 business customers.

/cloud

Voyager Alliance Credit Union chooses TCS' Cloud for Core Banking platform

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has announced that Manchester-based Voyager Alliance Credit Union has selected TCS BaNCS™ Cloud for Core Banking as the core platform for its digital transformation.

/Research/analysis

Vermeg and Santander extend partnership with 'Megara' post-trade installation

VERMEG, the banking and insurance software solutions specialist, announced that its state-of-the-art Securities and Custody solution “Megara” went live at Santander Securities Services Brazil (S3 Brazil) on July 2019. S3 Brazil will be serviced from VERMEG’s newly opened offices in Brazil.

/Sibos

CoCoNet upgrades cash management product

Today at Sibos, CoCoNet announced the launch of MULTIVERSA IFP Version 4.0. This is the next generation of its highly successful payment and cash management solution for banks’ corporate customers.

/Research/analysis

LiquidityEdge to licence Mosaic MSX analytics platform

Electronic US Treasuries trading venue, LiquidityEdge, signs a multi-year deal to license Mosaic Smart Data’s award winning MSX platform to provide analytics across its innovative all-to-all marketplaces.

/payments

Bill.com expands international payments offering

Today Bill.com, a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations, announced it now supports international payments to 137 countries and 106 currencies.

/Research/analysis

Boerse Stuttgart Group and Bundesverband Deutsche Startups to map German startup ecosystem

Boerse Stuttgart Group and Bundesverband Deutsche Startups e.V., the German Startups Association, presented the online platform Startbase at the offices of Berlin-based FinTech N26 on 25 September 2019.

/Research/analysis

Segmint appoints new president, Adam Craig

Segmint Inc., a leading provider of data-driven solutions empowering financial institutions to better understand their customers using payment and transactional analytics, proudly headquartered in Akron, Ohio, appointed Adam Craig as President.

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