Calypso Networks Association (CNA) and OSPT Alliance announce their collaboration to drive the adoption of open standards in transport ticketing.

PrePay Solutions subsidiary of Edenred, the everyday companion for people at work, today announces its rebrand as PPS.

PPS, founder and innovator in prepaid cards, has in the last 5 years grown the market in the fintech services including banking, virtual cards, debit, credit and prepaid processing. As a result of this expansion the company will now be formally known as PPS, a moniker already well known in the industry.

Cyber security provider F-Secure has begun to roll out 

H2O.ai, the open source leader in artificial intelligence (AI) and machine learning (ML), today announced that its open source platform, H2O, provides critical machine learning capabilities to MarketAxess, the operator of a leading electronic trading platform for fixed-income securities and the provider of market data and post-trade services for the global fixed-income markets.

Westpac-backed venture fund Reinventure has stepped up its push into Asia’s fintech scene, joining a US$90 million funding round for the owner of Kredivo, Indonesia’s fast-growing "buy now, pay later" (BNPL) platform.

CaixaBank has teamed up with Silicon Valley-based innovation platform Plug and Play on a Spanish fintech startup programme.

Go to wherever you listen to your podcasts. Type in “artificial intelligence.” Fall down the rabbit hole.

There’s a ton of hype around AI—some of it sensationalist, some of it dark, and some of it downright terrifying.

But, while podcasters, software creators, journalists, meme-creators, etc., postulate on the potential ramifications—robot takeovers and the like—we hardly ever stop to talk about what a future with AI could look like on a more reasonable scale.

The future of banking could be closer than we think. As the industry continues to build the bridges between the financial services of today and the financial services of tomorrow, the pockets of innovation coming to the fore are impressive. From AI powered credit applications[i] to ATMs offering loan applications within five years, outputs from research and innovation hubs, alongside a wider recognition that more aggressive change is essential, are setting the foundations for a new era of banking.

Local high school students are getting a free education in how to manage their money. Andigo Credit Union is working with Banzai, a national award-winning financial literacy program, to make curriculum available to seven Cook and DuPage County high schools, completely free.

Business information provider IHS Markit (Nasdaq: INFO) has recruited pricing and risk management specialist, Mark Findlay, as the Global Head of its Financial Risk Analytics business. Based in London, Findlay will report to Chief Technology Officer and Chief Data Scientist, Yaacov Mutnikas, and will lead the business.