SafeCharge, the leading payments technology company, today announced that it is partnering with Tencent Holdings, the leading provider of internet value added services in China, to add WeChat Pay, the booming payment service of the Chinese messaging giant and China’s most popular social media on its global payments platform.

 Finastra and IBM (NYSE: IBM) have reached an agreement to explore how the two companies can help customers transform their banking operations with IBM Cloud and Cognitive technologies. Finastra and IBM plan to bring IBM technology into the Finastra open architecture to enrich the digital retail banking experience and bring new innovations to market.

Avaloq, an international fintech company and a leader in integrated and comprehensive banking solutions, announces that it has completed its transaction whereby global private equity firm Warburg Pincus acquires a 35% stake in the group.Under the partnership announced on 22 March 2017, Avaloq will be able to capitalise on Warburg Pincus’ expertise and network in the financial services and fintech sectors to accelerate the company’s long-term growth and value creation strategy. 

Sepaga EMI, licenced by the central bank of Cyprus to provide financial services for liquidity and foreign exchange, has integrated AU10TIX 2^nd generation ID authentication and onboarding cloud services. The AU10TIX BOS platform which already powers global majors will help Sepaga streamline customer acquisition, while strengthening fraud protection and KYC compliance and improve operating efficiency. 

What does it mean to be included? It’s a word we use a lot, but perhaps don’t often stop to break down to consider the real meaning behind it. And there it is – consider. To include someone is to consider them, to involve them, to allow them to share in an activity or privilege, without restriction or limitation. To be included is to feel that you belong, that you are connected, and that you are listened to.

A new collaborative report, released today by Cifas, the UK’s leading fraud prevention service, and LexisNexis® Risk Solutionsan information solution provider that helps organisations assess, manage and predict risk and part of RELX Group, highlights that company directors are one of the most at-risk groups for identity fraud.

Pelican, a global provider of payments and compliance systems for banks and corporates, today launched its ‘plug-and-play’ Open Banking API solution which adds highly configurable Application Programming Interface (API) management and monetisation capabilities to its award-winning Pelican Platform.

Appway Sphere for Banking Geneva, part of Appway’s global event series for clients, partners, and prospects, took place on June 13. The conference explored the business benefits of digitalization and included interactive discussions with digital banking experts, live product demos, and insightful presentations. 

With technology rapidly evolving, different sectors are interested in understanding just what tech can do for them. Take Virtual Reality and Augmented Reality; as more and more VR headsets are sold worldwide – BI Business Intelligence predicts sales will reach 50 million by 2020 – the likes of the financial sector are increasingly looking at how to utilise the technology. Despite the tremendous potential it affords, a key question remains: How can financial services incorporate technology in a way that genuinely benefits customers?