It is a known fact that the e-commerce world faces a lot of competition in the world. Because of that a lot of banks are contemplating outsourcing a portion of their FX business to bolster their position in the Forex market.

To help businesses take prompt action on payments received in the current challenging times, PayPoint has launched Event Streamer. The unique new solution, which strengthens the MultiPay digital payments portfolio, delivers real-time notifications to businesses of all transactions improving productivity and customer experience.

Aya Karlieva of Financial IT chats with Ivo Gueorguiev, the Co-Founder and Chairman of Paynetics, a regulated fintech company that focuses on payments solutions. He talks about the goals, trends and obstacles facing the future of digital payments.

Deutsche Bank today announced that they will launch an enhanced securities settlement service that proactively identifies in-flight security transactions at risk of settlement delay, to debut in early 2021. The enhanced service, powered by the Elastic Stack and Elastic’s machine learning and anomaly detection features, will enable the bank's clients to avoid hefty financial penalties under the upcoming implementation of the new Central Securities Depositories Regulation (CSDR) in 2021.

OneStream Software, a leader in corporate performance management (CPM) solutions for mid-sized to very large enterprises, today announced it has been named a Leader in Gartner’s 2020 Magic Quadrant for Cloud Financial Planning and Analysis (FP&A) Solutions.  OneStream was al

SmartStream announces SmartStream Air version 2, the latest artificial intelligence (AI) technology to transform data quality and reconciliation processes that would usually be measured in weeks and months, to just seconds. In addition, with cloud-based technology accessed via a new user interface, it manages large volumes of data, in any format, to achieve even higher match rates.

Meniga (www.meniga.com), a global leader in AI-powered digital banking solutions, announces that it has expanded its business to the US, with a dedicated team appointed to drive sales operations by targeting the nation’s biggest banks and financial institutions.

Following the partnership, Lydia will use Tink as its main open banking technology provider, for enhancing the app’s connectivity and adding new services. As a first step of the partnership, Tink’s account aggregation and payment initiation services are being integrated into the Lydia app. This will improve the way users connect their accounts across multiple banks, manage payment beneficiaries and initiate bank transfers without leaving the app. 

Primer — the UK-founded fintech company that helps merchants seamlessly consolidate their payments stack and easily support future payment methods — launches with its unified payments API and checkout.

HPS, the leading multinational provider of payment solutions, today announced that Capitec Bank, South Africa’s second largest retail bank, will use PowerCARD to consolidate and modernise its Back Office payment activities for both their Card Issuing & Merchant Acquiring businesses.