Commerzbank is the first financial institution to set up an Enterprise Lab at Fraunhofer Institute for Material Flow and Logistics IML in Dortmund, in an extension of the partnership that has been in place since July 2017.
 

Mobey Forum, the global industry association empowering banks and other financial institutions to shape the future of digital financial services, has today published its latest report outlining the most important and influential developments across the virtual currencies industry.

Shield Financial Compliance (Shield FC), a cross-regulation compliance platform providing a 360 view on eComms and trades utilizing AI, NLP and visualization capabilities to make compliance more efficient and ROI driven, today announces its membership of 

Semafone®, the leading provider of data security and compliance solutions for over-the-phone payments, has called on contact centres to pay heed to changes to the Payment Card Industry Security Standards Council (PCI SSC) guidance for protecting telephone-based payment card data.

Latin America has established itself as a leading region in terms of innovation in the financial services sector that has seen more than 1,100 FinTech ventures and around a 50% annual growth rate in the main markets, according to research conducted by Startupbootcamp in Latin America.

New York-based ETF provider Global X releases the new Global X E-commerce ETF (EBIZ), which tracks the Solactive E-commerce Index (SOLEBIZ) that is based on a proprietary algorithm to select its index components.

E-commerce is experiencing a genuine boom. In 2017, 2.73 billion online shoppers accounted for sales of over USD 2.3 tn. While the user base is expected to grow to 3.1 billion people globally in 2021, the E-retail revenues are projected to rise to USD 4.88 tn in 2021. 

Mambu, the leading SaaS banking engine today announced it is powering Lendico Switzerland AG, helping the Swiss marketplace lender bring its digital alternative to traditional small and medium-sized enterprise (SME) financing to the Swiss market.

Lendico Switzerland AG, a company of PostFinance, provides new investment opportunities to private and institutional investors. Since its launch in 2016, the lender has quickly established itself as one of the market leaders in Swiss SME financing.

Online dating provider insparx has partnered with optile, the next-generation open payment platform for global online businesses, to introduce local payment options in regional markets including the Netherlands, Poland, Russia, Brazil and Mexico. The integration of new payment methods helps insparx establish its dating portals be2 (an online dating service) and c-date (a digital platform for non-binding dates) in new markets. Key to success is that users are offered a variety of local and global payment options.

The company Penkių kontinentų bankinės technologijos (BS/2), belonging to the Penki Kontinentai Group and specializing in software and hardware for financial organizations and retail, is listed in Top10 European banking technology companies according to the Banking CIO Outlook ranking.