Paysafe launches new global research into consumer payment trends

The shift towards ‘frictionless’ payments – i.e. invisible transactions that take place ‘behind the scenes’ in apps – is being held back by UK consumer concerns over security and data privacy, according to new research conducted by Paysafe. The report from the leading global payments provider uncovers some unexpected findings. For these ‘invisible’ payments, figures show:

Finnovation South Africa 2018 opened today at the Radisson Blu Gautrain, Johannesburg, where more than 200 international Fintech experts, African digital pioneers, investors, policymakers, entrepreneurs and leading bankers gathered to harness the Fintech revolution.

Open Banking Expo will bring together a cross section of the UK’s brightest minds to put the second payment services directive (PSD2) under the spotlight and encourage financial services – and other industry sectors – to embrace the new legislation in order to drive product innovation and enhance customer experience.

The event will take place at America Square Conference Centre on Thursday 27^th November 2018 and the agenda is now live at www.openbankingexpo.com/agenda.

Biocryptology, a European biometric technology company, presented the identification platform that it has created to offer security, privacy, and convenience to companies, users, and public administrations, in Amsterdam at the Money 2020 forum. The platform's technology is based on the biometric identification of the users, thus avoiding the questionable use of passwords.

On May 17, the capital of the Czech Republic hosted the fourth annual event dedicated to blockchain, cryptocurrencies, and ICO – Blockchain & Bitcoin Conference Prague. Special speakers were representatives of world-famous companies (for instance, IBM and PwC), and distinguished international crypto experts.

Conference presentations

Data privacy, protection, and storage

A new report from Skytap and 451 Research shows that despite appetite to modernise, 74 percent of tech leaders report more than half of applications remain on-premises, creating internal skills challenges

IBM and Avaloq, a leading global provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, today announced an agreement to jointly build a private “Swiss Banking Cloud” and to transform Avaloq's IT service delivery model leveraging IBM’s Infrastructure as a Service (IaaS) offering. Under the long-term agreement, IBM will provide to Avaloq private cloud infrastructure services in Switzerland as well as access to its global cloud resources and capabilities as part of a hybrid cloud environment.

 Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced it has been positioned by Gartner, Inc.

Company recognised for completeness of vision and ability to execute 

The official launch in Bogota allowed the company to showcase its value-added solutions and further develop relationships in the region

InfiNet Wireless, the global leader in fixed broadband wireless connectivity, has successfully supported leading integrator and key partner Avantec with its new office opening in Colombia, as part of an expansion drive to target growth in Latin America for both companies.