Swiss fintech startup neon trusts in Contovista technology for its data analysis.

Xoom, PayPal’s international money transfer service, today announced a partnership with Ria, a subsidiary of Euronet Worldwide and a global leader in money remittances, to offer Xoom customers cash pick-up service at more than 150,000 of Ria’s international network locations. 

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the addition of Quality Assurance (QA) testing as a service for its TLM Collateral Management solution.

The first shop to accept ONLY digital currency will open this September in London to kickstart the launch of the capital’s Crypto Week.

Both initiatives are the brainchild of the Reality Gaming Group, which has joined forces with Soho Radio and Jägermeister to give London’s consumers the opportunity to find out how to buy and use cryptocurrency – with visitors to the store being given free masterclasses and even free virtual coins to allow them to make their first crypto transactions.

Adaptive, a software consultancy specialising in real-time trading systems, has selected senior investment banking and legal non-exec directors to sit on its board. Matteo Cassina, Yann L’Huillier and Janhavi Dadarkar will provide Adaptive with expert guidance on their wide-ranging speciality fields, including sales, marketing, technology and corporate governance.  

The Financial Conduct Authority (FCA), the UK’s banking watchdog, has signalled a new and much more positive attitude to the use of artificial intelligence (AI) and machine learning (ML) in the fight against crime.

It has long been the policy of the FCA to demand maximum transparency from banks in their use of AI and machine learning algorithms. Its position has been to demand that banks justify the use of all kinds of automated decision making, clearly fearing that the interests of customers are at risk from poorly deployed automated solutions.

Profile Software, an international FinTech solutions provider, announced today that during the past quarter it has been recognised by internationally well-established publications and research firms for its outstanding performance in delivering robust and client-centric FinTech solutions to the modern Wealth Management and Banking sectors that offer added value to both professionals and their clients.

A survey by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed that more millennials than ever before are seeing mobile as the future of payments.

Investors often lack the tools necessary to finance green growth initiatives in developing countries. International Finance Corporation (IFC), in partnership with Amundi, has addressed this issue with its successful green bond fund.