Ixaris, the payments technology expert, today announced it has partnered with Amadeus to deliver a global prepaid virtual payments offering, specifically for the travel industry. The agreement underpins the launch, earlier this year, of Amadeus global prepaid virtual card offering, the MasterCard branded Amadeus B2B Wallet Prepaid.

A new report from GreySpark Partners, a leading global capital markets consulting firm, shows that financial firms cannot afford to relax their vigilance against cyber-attacks on any level. Providing impenetrable cyber-security in today’s vast and interconnected electronic financial services industry is a nearly impossible task, and instituting measures that provide the required level of protection is putting security teams under significant pressure.

UBIQUIBOTS: AI FOR BANKS

Bots (and articles about bots - oops!) are popping up everywhere these days.

Indeed, very few concepts have shot up the hype curve so fast, especially considering that the idea of conversational UI has been with us for a long time in various forms and under different denominations. It looks like a jungle, but all bots are essentially doing the same thing:adding conversational capabilities to FAQ and search.

Over 150 financial and IT industry specialists attended the annual Linedata Exchange Europe conference in London, debating the industry’s readiness for the implementation of MiFID II in 2018.

Matt Gibbs, Front Office Product Manager at Linedata, the global solutions provider dedicated to the investment management and credit industries, highlighted that despite the delay in MiFID II’s implementation date, firms must review whether they will have done enough to remain leading players in their field. 

VocaLink's campaign, which was launched to raise employee awareness of the various forms of cyber threats that the company is exposed to on a daily basis, was celebrated for its pioneering approach to cyber security. VocaLink was shortlisted alongside a number of companies, before winning the coveted award, in a highly competitive category.

Transparency and the multi-channel nature of modern banking makes the question of security, trust and reputation more critical than ever. Security is transforming from a technology feature into an ace in the hole for banks in order to sell their products. Powerful identity management software and an MFA (multi – factor authentication) strategy enable organisations to kill two birds with one stone – solve the problems of IT security and attract new customers.

 ​Xero announced the highly anticipated release of the Xero content pack integration with Microsoft Power BI.  The Xero content pack will deliver Xero’s 700,000+ users access to analyse their own small business data, based on twenty-five pre-built tiles that surface insights so small businesses and their advisors can make smart, data-driven decisions in minutes.

 Jumio, the leading digital ID verification company today announced that  Krypto Commerce, a Spanish based crypto-currency specialist has chosen Jumio to provide know-your-customer (KYC) and anti-money laundering (AML) services for their new product, the PoolMiners Card.

When someone sends me something interesting, I can’t help but share it so this insight from Susan Visser came at just the right moment.  Susan and I have exchanged various ideas over the years, so here’s her view of the key Fintech trends.

Summary