Avaloq, a leader in digital banking solutions, has launched the Engage app, a solution that allows wealth managers and advisers to engage with clients through social messaging channels such as WhatsApp and WeChat in a secure and compliant manner.

OpenPayd, the API-led Banking-as-a-Service provide

Uncapped, Europe’s first revenue-based finance provider, joined hands with Salt Edge, leader in offering open banking solutions, to verify data from client’s bank accounts at the touch of a button and to shift the funding process into the highest gear.

Venio, the mobile application providing "nano-credit" facilities to unbanked consumers in emerging markets accessed via a smartphone, today announces its launch in Mexico. Venio Aplicaciones de Mexico, the Company’s Mexican business arm, has been established to support Venio’s expansion across the high growth emerging market.

xpate, the startup set on revolutionising payments with one unified account for all payment methods and innovative drag and drop interface, announces its appointment of Wirecard’s former Head of Sales Digital UK and Ireland, Wayne Mckenzie. The appointment follows xpate’s plans to accelerate its growth in preparation for its wider launch to market.

Sibos 2020, a major annual conference for the financial industry, is being held between October 5 and October 8, 2020. This year it’s virtual, and its business program has welcomed Sberbank top executives, Alexander Vedyakhin, First Deputy Chairman of the Executive Board, and Anatoly Popov, Deputy Chairman of the Executive Board, as speakers.

Chapter two of Latin America Summit, the annual event organized by the fintech company EBANX, will take place on October 15. Uber and the Central Bank of Brazil will join experts from EBANX to talk about the new financial landscape in Latin America and how people in the region are consuming products and services. In its fourth edition, the summit is fully-online, held in a live show format.

This morning, the Bank of England sent out a letter to the banking industry asking for feedback on whether they would have any operational or technical issues with a zero or negative interest rate. Negative interest rates are generally introduced to help stimulate the economy, by encouraging banks/companies to make loans and use of the money, rather than hoarding it.

Earlier this summer, we joined global companies and nonprofits as a member of the Open Payments Coalition to launch PayID, the universal payment identifier. Today PayID has the potential to reach 125 million consumers through nearly 50 members of the Open Payments Coalition which includes new partners AirTM, Atomic and CoinPayments.