United Overseas Bank (UOB) today announced the launch of its pan-regional Engagement Lab (eLab), which will enable the Bank to personalise the way in which it converses and serves its Digital Bank customers. 

UOB's eLab is the first dedicated unit set up by a bank in Southeast Asia focused on using the latest technology and behavioural insights to deepen customer engagement. The Bank will set up eLabs across its network of ASEAN countries such as Indonesia, Malaysia, Singapore, Thailand and Vietnam.

NICE Actimize, a NICE business (Nasdaq: NICE) and leader in Autonomous Financial Crime Management, today announced the launch of X-Sight, an advanced machine-learning based Platform-as-a-Service designed to power the industry’s first financial crime risk management marketplace.

Moneynetint, UK based electronic e-money institution which provides cross-border money transfers and currency exchange for corporate clients around the world, announced that it had completed the integration phase with Ripple, which offers blockchain solutions for payments. 

African businesses can now benefit from the very latest digital compliance and risk management solution, thanks to a new offering from BDO Morocco and new generation GRC solution provider OXIAL.

Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing, today announced that FIMBank Malta has signed as the first customer for Volante’s newly launched cloud-based VolPay-as-a-Service offering. Volante will provide FIMBank with a managed service for processing SEPA payments in the cloud, powered by Volante’s VolPay Suite of payments products running on Microsoft Azure.

SWIFT today releases a new paper on the evolution of the European payments landscape. While change is underway in wholesale and retail payments across the world, in Europe, the Eurosystem has set a clear path for financial market infrastructure renewal. This, along with regulations such as the Second Payment Services Directive (PSD2), is driving a period of radical payments transformation across Europe.

Form3, the cloud technology provider of Payments-as-a-Service for banks and regulated fintechs, today announced that fintech focused LHV Bank has selected Form3 to provide a fully managed service connecting the bank directly to the UK Faster Payments infrastructure. LHV will join the scheme as a Directly Connected Participant (Member) in 2019.

A recent survey of more than 360 enterprises revealed that 86% are dealing with the complexity of multiple types of data and/or data-related processes subject to privacy and security compliance requirements. Just 61% say that their organisations are compliant.^[1]