Revolut for Business has today launched a new Expense Management tool, designed to help growing businesses by removing the hassle from handling expenses. The innovative fintech has created a simple and intuitive tool with everything in one place, ensuring that no card expenses will be unaccounted for.  

Business owners now have the ability to easily approve or reject team expenses, an area that has traditionally been difficult to manage. These processes are often prone to error, time-consuming and require businesses to manually import and match data across multiple tools.

Thomson Reuters today announced a global RegTech competition designed to provide early stage start-ups in the legal, tax and regulatory space the opportunity to partner with one of the industry’s leading providers of business information services. Start-ups in these areas are invited to apply by September 9, 2019 by visiting http://www.tr.com/trregtech2019.

Agreement Express, a leading client onboarding software platform for financial services, announces F1 Payments as its newest customer. F1 Payments is a fintech company focused on increasing business velocity for all constituents in the payments ecosystem. The company makes payments frictionless from start-to-finish, while providing a highly-personal and consultative approach and building trusted relationships with key industry players. F1 Payments will use the Agreement Express platform to streamline merchant underwriting and onboarding.

The Swiss startup kasko2go has entered into a partnership with the Ukrainian OKKO GROUP, thereby reaching 4.5 million drivers. kasko2go's disruptive approach caused a sensation in the Swiss insurance market in spring: With the help of artificial intelligence and telematics data, the startup ensures more justice, lowers excessive premiums and at the same time promotes a safe driving culture in society. 

Micron Technology, Inc. (Nasdaq: MU), today unveiled the industry’s highest-capacity monolithic 16Gb low-power double data rate 4X (LPDDR4X) DRAM. Capable of delivering up to 16GB¹ of low-power DRAM (LPDRAM) in a single smartphone, Micron’s 16Gb LPDDR4X extends the company’s leadership in memory capacity and performance for current and next-generation mobile devices.

Finastra has today announced that Gravity, a new UK-based bank seeking authorization to serve SMEs with lending, credit card and deposit services, has selected Fusion Essence in the cloud for its end-to-end core banking capabilities.

Wirecard, the global innovation leader for digital financial technology, continues to break new ground in the future of shopping with its prototype of an unmanned store. 

Banks and financial institutions across the European Union (EU) and United Kingdom (UK) are sprinting to meet the EU’s Second Payment Services Directive (PSD2) Regulatory Technical Standards (RTS) deadline on September 14, 2019.

EMVCo is working to evolve the EMV® Integrated Circuit Card Specifications for Payment Systems to support both future eight-digit Issuer Identification Numbers (IIN), as well as the existing six-digit format. As the change may have implications for merchant and processor systems beyond payments, EMVCo has published a Draft Specification Bulletin (DSB) that summarises the changes to ensure all those impacted are informed. The new specification bulletin is scheduled to be published by the end of 2019 and become effective in 2021.

Big data is AI’s big brother. While AI is driven by machine learning, big datasets fuel the intelligence engine.

Banks and insurance companies have access to huge volumes of data and are looking to harness this information to drive efficiencies in their businesses and generate personalised, targeted offers for customers.