Part of Venmo’s mission is to make it easier for you to pay your friends and family. Money can be awkward, and we want you to be able to spend less time thinking about it, and more time enjoying stuff that matters to you.

Earthport (AIM: EPO), the leading payment network for cross-border transactions, is pleased to announce that it has partnered with Access Bank Plc, one of Africa's foremost financial institutions, to provide delivery of cross-border payment services into Nigeria.

Access Bank Plc is one of Nigeria’s leading financial institutions and has a strong focus on servicing the Nigerian diaspora.

Contactless/proximity payments are promising technology, bringing speed and convenience to the checkout counter. They are supported by pretty much all payment schemes – Mastercard has PayPass, Visa has payWave, American Express has ExpressPay, Discover has ZIP, JCB has JSpeedy, Interac has Flash, etc. This also includes support for NFC-based mobile payments (mainly using so-called ‘NFC card emulation mode’).

Research by the Gartner Group reveals that digital technologies already generate nearly 20% of corporate revenues, and this could reach 41% by 2020.

According to Sopra Banking Software every business and bank should be enthusiastic about implementing digital transformation, either to retain their place as leader, appeal to new customers, modernise their partners’ tools, or quite simply to adapt to key innovation.

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that it has enhanced its existing messaging services to help clients prepare for the 3 January 2018 MiFID II go-live.

ICO Rating, a company specialized in reviewing the potential investment projects, issued a report on the upcoming fundraising campaign of startup named COSS headquartered in Singapore, awarding it with the highest scale in its chart and report history.

PwC UK, the professional services firm, has agreed a joint business relationship with Featurespace, the adaptive behavioural analytics risk prevention company, to provide client organisations with advanced technology to combat real-time financial crime attacks. 

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, has signed an agreement to acquire Quality Risk Management & Operations (QRMO), a leading specialist provider of outsourced middle-office, shadow accounting and risk monitoring services to the asset management and securities industries.

The Australian Securities and Investments Commission has extended its partnership with Australian software company Nuix following a competitive tender process.