Digital commerce will increase, and so will fraud

In 2020 we saw many firsts, which affected every person on the planet. ‘Lockdown’ became part of our everyday language and as we acclimatised to being home and not having access to brick-and-mortar stores, we looked for alternative channels to source the things we need.

The spotlight is shining on operational resilience

In 2020 global regulators ‘encouraged’ financial institutions to revisit and enhance their operational resilience strategies; the 2021 stance is expected to be more demanding.

FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, today announced that it has closed a $12 million Series A funding round.

 WSO2, the leader in digital transformation technology, today announced that 139 enterprises joined as new customers in 2020. Now some 550 of the world’s largest corporations, top universities, and governments rely on WSO2’s open source, cloud-native solutions to drive their digital initiatives—executing over 6.2 trillion transactions annually.

UAE based banking-as-a-service (BaaS) Fintech NymCard, has announced the launch of its new Open API platform for payment card processing and issuing.

Fime has become the first to help APAC EMV®* 3-D Secure (EMV 3DS) vendors with local EMV 3DS pre-compliance and compliance services. EMV 3DS protocols are key to increasing frictionless end-user experience while fighting fraud and reducing false declines and cart abandonment in digital commerce.

Financial process automation experts, Valta Technology Group (Valtatech), has partnered with Centsoft, the global leader in accounts payable (AP) automation and invoice workflow management, to drive back office digital transformation among small and medium sized enterprise organizations in the Asia Pacific region. 

Raiffeisen Bank International (RBI), one of the leading banks in Austria and CEE, has partnered with AxeTrading, the fixed income trading software company, and Integral, a leading FX technology provider, to deliver an innovative trading solution for their bond trading clients by providing real-time streaming of FX prices into their bond trading workflow.

LIKEZERO, the next generation contract risk management and data capture company, is delighted to announce the appointment of John Hamer who joins as Chairman.

Previously, John was CEO and then Chairman of Fidessa Group PLC, the leading global financial trading software provider which listed in 1997 and was acquired by Ion Group in 2018.