The global impact of COVID-19 has been nothing short of immense. Of course, this has been felt in a very personal sense, with over 900,000 deaths attributed to COVID-19 so far. The business world has also been hit hard in many countries. From aviation to travel and retail, many industries have faced an uphill battle to keep going during the pandemic. With lockdowns around the globe gradually easing, many businesses are now struggling to return to normal.

American Express (NYSE: AXP) today announced the launch of the new Amazon Business American Express® Card and the Amazon Business Prime American Express® Card for small businesses in the UK. The Cards offer a host of rich rewards and payment flexibility designed to help businesses better manage their cash flow and gain greater insight into their spending. 

As announced earlier, Ian Smith has been appointed Nordea’s new Group CFO, heading Group Finance. He will be a member of the Group Leadership Team and report to President and Group CEO Frank Vang-Jensen. It is now confirmed that Ian Smith will join Nordea in October 2020 and take on the position on 24 October 2020.

Judopay, a leading mobile-first payments provider, today announces its partnership with Mastercard, which will further increase Judopay’s network with a direct route to Mastercard's Payment Gateway Services global acquiring ecosystem.

Huobi Global, the world's leading digital asset exchange, today released a native mobile app for the Russian market. Available for iOS and Android, Russian users can now access Huobi’s spot market and trade hundreds of digital assets and cryptocurrencies via a simple and intuitive mobile app.

Nuvei partnered with Banking Circle in 2016 to ensure settlement and pay outs occur quickly and incur lower costs, whilst being more transparent and trackable. Today, Nuvei uses Banking Circle settlement and operational accounts as well as Banking Circle's Real-time FX platform.

Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, has been recognized for the third consecutive year as a Representative Vendor in the latest Gartner “Market Guide for Identity Proofing and Attribution,”¹ published on September 11, 2020.

Today, financial institutions deal with increasingly complex transactions and regulations that are continually changing. For the financial services industry, the cost of regulatory obligations has dramatically increased in recent years and, as a result, there has been a strong demand for more efficient reporting and compliance systems to better control risks and reduce compliance costs.