Infoteria Corporation and Tech Bureau Corporation have successfully transferred loan and deposit account data in the main system of BC Finance, one of the largest microfinance institutions in Myanmar, to mijin (*1), the private blockchain (*2) placed on Microsoft Azure (*3) using ASTERIA WARP (*4) and mijin adapters (*5).

SolidX Partners Inc., an innovative blockchain technology company, announced the launch of Vida, the world's first full-stack identity solution using blockchain technology. Vida provides enterprises with robust identity management capabilities without the need to hold personal identifying information. Vida is the first service of its kind to provide one identity across numerous applications, streamlining permissioned access to data and services without shared-secret based access mechanisms (e.g., usernames and passwords, government ID numbers, etc.).

Neyber, a provider of financial employee benefits, today announces the appointment of Andrew Collings to the newly created role of Head of Sales. Andrew has over 20 years’ experience in driving sales of employee benefits and financial services across the private and public sectors. He will join Neyber’s senior management team and bring expertise in client acquisition and strategic business development.

 Neyber, the leading provider of salary deducted loans, has been chosen by the employee benefit platform provider Team Rewards to provide loans across its UK employee customer base.

Italtel, a multinational corporation specializing in Network Functions Virtualization (NFV), Software Defined Networking (SDN) and All-IP communications, today announced it has joined the Hewlett Packard Enterprise (HPE) OpenNFV Partner Program as an official Application Partner to help Communications Service Providers(CSPs) launch new services faster, easier and more cost-effectively through the virtualization of their network functions.

In the world of mobile payments, tokenization has gained notoriety as the underlying technology enabling banks to secure mobile NFC payments using host card emulation (HCE). There is no contesting that this is a big deal; the combination has triggered a profound shift in the mobile payments ecosystem, reducing deployment complexity and giving banks a commercially attractive route to market.

Robots are changing the way we live and work. From those built with human characteristics to automation software, robots are becoming more common in businesses around the world. Organisations are beginning to recognise their potential to increase profit without increasing headcount. Now the march of the robots has made its way to the back office.

The challenge

IBM and Crédit Mutuel Arkéa announced today the completion of their first blockchain project to improve the bank's ability to verify customer identity.

The result of this successful pilot is an operational permissioned blockchain network that provides a view of customer identity to enable compliance with Know Your Customer (KYC) requirements. This demonstrates the disruptive capabilities of blockchain technology beyond common transaction-oriented use cases.

Like many others, I am eschewing my physical wallet and using my phone as a ‘hub’ to pay for everything I need in my busy 21^st century life. Let me outline my typical day. Wake up, go to the gym and buy a banana on my way out with Apple Pay; go to the petrol station and fill up the car by paying with my Shell Fill up and Go app; go to Starbucks and grab a caramel latte, using its customer app to pay for it; travel to the office and park in the nearest car park, paying with my RingGo app. However, it doesn’t just stop here.