Consumers in developing countries are increasingly entering the banking system and expansion of the banked population in China is a major contributor to UnionPay’s gain in global market share

Government-backed financial inclusion programmes driving growth

Engaging with the Internet of Things (IoT) and the data generated by it, presents a real opportunity for financial institutions (FIs) to innovate and transform their own products and services. On the flipside, failure to do so may, in time, jeopardise their future prosperity, by leaving them vulnerable to competitors and new, agile players. 

Appian (NASDAQ:APPN) today announced that Naturgy, a leading multinational energy provider in Spain with operations in 30 countries, has chosen Appian’s low-code development platform for its Origen Project. Led by Naturgy’s Innovation Department, the project aims to digitize innovation management operations to accelerate the company’s transformation process and faster response  to new industry challenges.

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that ClearPar has introduced electronic trade settlement to the distressed leveraged loan market.  Deutsche Bank was the first to close a trade using the new technology. 

Malauzai Software, a Finastra company, today released the latest edition of Monkey Insights, the quarterly report analyzing Malauzai data on digital banking trends.

Transbank S.A. and AEVI announced here today a major strategic partnership to help Transbank’s customers in Chile deliver omnichannel and digital in-store experiences for their merchants.

Founded as a credit card processing intermediary in Chile, Transbank has led the development of digital payments for almost 30 years. Transbank was chartered as the single merchant acquirer and card issuer for Chilean banks and has a critical role in the Chilean economy, responsible for the country’s electronic payments network, serving Banks with approximately 170,000 merchants.

BlueSnap, a global payments technology company listed among Inc Magazine's fastest growing privately held companies, announced today that it has acquired Armatic, a leader in accounts receivable and invoicing automation. With this acquisition, BlueSnap will provide B2B companies an efficient quote-to-payment solution aimed at increasing sales and reducing costs.

Temenos (SIX: TEMN), the banking software company, showcases Temenos Infinity, the leading omnichannel digital banking product covering customer engagement from acquisition, to account servicing, through to long-term retention.

iovation, a TransUnion (NYSE:TRU) company, today announced the results of its “

Bottomline Technologies (NASDAQ: EPAY), a leading provider of financial technology that helps make complex business payments simple, smart and secure, today announced that it has added AI-enabled chat inside its payment solutions to make signing up and accessing support even easier for its Paymode-X and PTX customers.