InstaReM, a leading global financial payments infrastructure company,has announced that it will now power real-time cross-border payments for the clients of the SBI Remit and SBI Cosmoney, part of one of Asia’s leading payments companies, across select markets.

Financial institutions across the globe will allocate almost half (48%) of their IT budget to spending on public cloud services in 2020, up from 41% this year and 34% in 2018, according to the results of Refinitiv’s latest research into the use of cloud technology for financial data. The findings are based on a survey of 300 global financial firms across the financial community.

The workshop will be all about balancing liquidity—one of the most important considerations for marketplace platforms. The agenda will be covering a variety of topics, from the basic principles of balancing liquidity, to using data science to balance supply and demand on marketplace platforms.

Speaking at the workshop will be: Paul Cook, Growth and Analytics advisor for companies like Hiyacar, Esme Loans, Licklist and Booxscale,  Claas Stüdemann, Head of Operations UK/IE of Helpling and Austin Tasker, Founder of FeedUp.'

Do you remember coins? When was the last time you actually carried around a pocketful of pennies to pay for something? Given the rapid growth of contactless transactions, mobile payment apps and online shopping, it was probably quite a while ago now. Advancing banking technology, means we are fast moving towards a cashless society.

DriveWealth Holdings, Inc., a leader in global digital trading technology, announced the further strengthening of its executive team, naming Ryan Burke to the role of Chief Information Officer of its subsidiary DriveWealth Technologies. Burke has more than 16 years of senior operations, brokerage and risk experience in the equities and capital markets sector.

Wirecard, the global innovation leader in digital financial technology, and Affin Bank Berhad (“AFFINBANK”) today announced an extension of their collaboration focused on revolutionizing internet banking for consumers in Malaysia. Through this partnership, over 300,000 AFFINBANK customers are already benefitting from an array of services such as e-commerce and mobile payment powered by Wirecard technology. By leveraging more of Wirecard’s platform, AFFINBANK is able to launch a complete internet banking solution which will drive customer growth and retention and boost e-banking usage.

Spendesk, the leading spend management platform for small to mid-sized businesses (SMBs), today announced it has raised €35M in a Series B round led by Index Ventures. This round brings the total raised to €45M. The investment will help fund product development and accelerate international expansion, with new offices opening in Berlin and London.

Worldline, the European market leader in payment and transaction services, announces the readiness of its Acquiring and E-Commerce platforms with respect to the mandatory processing of transactions according to the new 3D Secure 2.0 standard.  With live transactions performed for European retailers, e.g. in the retail sector, digital services and ticketing. Worldline proves its capabilities to support merchants in meeting the demanding new requirements of PSD2 - which officially come into effect on 14 September 2019.

Brewin Dolphin, one of the UK’s leading wealth managers, has launched it’s ‘MyBrewin app’. This new app is an extension of the current MyBrewin online client portal. The client app has been made available both on the iPhone and Apple Watch and Android-based devices, and will provide Brewin Dolphin clients with instant access to current information about their portfolios, asset allocation and performance.

FIME’s EMV^®* 3-D Secure (3DS) test platform and laboratory have been qualified by EMVCo for ACS component testing, protocol 2.1. The combination of an automated test platform and FIME’s 3DS experts brings agility and efficiency for payment solution providers (PSPs), EMV 3DS vendors and banks while ensuring the compliance of new authentication implementations.