Dubai based fintech company specializing in payment processing is set to launch OG Bank and OG Pay (On the Go) a digital banking solution, chat based payment wallet and a digital point of sale (POS) all to be operated from mobile devices.

Metro Bank, known for its exceptional customer service, has welcomed a second cohort of colleagues onto its MSc programme in Retail and Digital Banking, which it set up with Cranfield School of Management in 2018.

Financial crime is becoming increasingly sophisticated as new threats emerge and evolve at a rapid pace. As the new decade begins, both criminals and financial institutions are prepared to take the offensive, leveraging know-how and technology in a toe-to-toe matchup.

As the financial services industry continues to adopt faster payments and greater digitisation, distinct fraud and risk management approaches have emerged, including these three best practices for 2020.

1. Balance speed with security

Acronis, a global leader in cyber protection, today announced that registration for the second annual Acronis Global Cyber Summit 2020 is now open. The premier event focused on cyber protection, the Summit will take place at the Fontainebleau Miami Beach in Miami, FL from October 19-21, 2020.

Trace Software International announces the release of the latest versions of its photovoltaic software solutions archelios™ Pro and archelios™ Calc. The company boasts impressive expertise in the manufacturing of advanced and high- standards software solutions for the building and energy industries.

Starting 2020 in the same vein as 2019 finished, Banking Circle continues to achieve success in industry awards.  It has been announced as a finalist in the British Bank Awards, from Smart Money People. Nominated and voted for by customers, the British Bank Awards aim to find the best products, hottest innovation and most trusted financial brands and partners in the industry.

As customer expectations have risen thanks to new platforms and products, so too has the level of technological sophistication as artificial intelligence, chatbots, drones, telematics and apps have become common in multiple industries. The insurance industry is now at a critical juncture as carriers seek to transform their claims processes, using new technologies to meet rising customer expectations and reduce costs.

Selling things online can be complicated. There are web shops to design, product descriptions to create, and payment methods to set up. The latter is probably the single most important part of the process - for a very simple reason.

If your customers can't pay, they won't buy.

So how do you accept payments online? Let’s look at it step by step.

1. Evaluate your business

The first thing you need to do is to take a good look at your business. Here are some questions to ask:

How large is your business?

Form3 is a cloud-native payments technology company, providing an award winning platform that delivers a complete end-to-end ‘Payments-as-a-Service’.

Form3 enable financial institutions to create amazing products and experiences through:

In my last Blog I suggested that regulation of the crypto markets would be one of the main issues for 2020 and beyond. There seem to be urgent need for more clarity on many cryptocurrency issues. The EU Fifth ALM Directive came into effect early January, while ESMA announced its plans to develop a legal framework for cryptocurrencies in 2020. In the US the Crypto Currency Act of 2020 is being discussed in the House of Representatives. My prediction that a growing number of regulators worldwide would more prominently enter the crypto stage this year will come true.