Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that three credit unions will be utilizing Fiserv solutions as the backbone of planned technology transformations. Each of the credit unions has expanded their relationship with Fiserv by selecting DNA^®, a real-time, open architecture account processing platform, along with integrated surround solutions from Fiserv.

KyribaCorp,the global leader in cloud-based treasury, cash and risk management solutions today announcediAccount Services (HK)Limited(hereinafter iAccount(HK)),a subsidiary of Liri Holdings Group,has selectedKyribafor its payments and cash management modules. iAccount (HK) selected the award winning SaaS platform for its economies of scale, extensive world-wide bank connectivity, security, reliability and support for external audit.

2016 has been a good year for the digital economy. We have seen remarkable growth in the visible impact of digital technologies on the way we live and work, however there is still a way to go on the journey toward digital transformation. As we look forward to the New Year, we have put together a few thoughts on what 2017 might bring.

Achieving digital transformation means being ‘Glocal’

1.    Usability of payment methods

Payment methods need to become more user-friendly to appeal to various platforms of commerce from the till point to online, taking differing devices into consideration in order to stay competitive. This is especially important for providers of e-commerce payment methods who need to come up with optimised user experience and facilitate the growing trend of mobile payments.

2.    Brexit

Silicon Valley analytics software firm FICO today announced that it has been named a winner in the 2017 CSO50 Awards from IDG's CSO. The company was recognised for its next-generation application security program, which accelerates the delivery of robust, secure applications. 

Financial IT speaks with Apply Financial at FinTech Connect Live 2016, London.

1. Un-Clouding

We have all witnessed the ‘cloud rush’ of recent years where organisations have been encouraged to move their workloads to the cloud. However, there is a growing recognition among organisations that cloud services are not the be-all and end-all – and certainly not always the most cost effective way to deliver all their IT workloads.

Vasco Data Security International, Inc. (NASDAQ: VDSI), a global leader in digital solutions including identity, security and business productivity, announced today that Raiffeisen Switzerland has implemented VASCO’s CRONTO® technology to secure its e-banking customer transactions. CRONTO technology is often referred to as PhotoTAN in Switzerland and Germany.

Oragroup announces successful completion of its IT system overhaul and standardisation programme, in partnership with Sopra Banking Software.

Just a few weeks ago, Tesco Bank became the latest financial services firm to suffer a cyber-attack, with £2.5 million stolen from 9,000 customer accounts. However, this problem isn’t limited to Tesco; a Freedom of Information (FoI) request has revealed that all of the UK’s major banks and lenders have suffered a data breach since 2013.