Acronis, a global leader in cyber protection, today announced a $147 million investment round led by Goldman Sachs. The investment round sets the valuation of the company to over one billion dollars and enables Acronis to expand its engineering team in Singapore, Bulgaria and Arizona, build additional data centers, and grow through acquisitions.

Payrexx - a fast-growing payment provider in the DACH region - will integrate with the EU payment fintech and merchant acquirer, Clearhaus, for processing Visa, Mastercard, Google Pay and Apple Pay payments online. The partnership will bring two quickly expanding fintech players together to offer superior payment solutions to online stores across Europe.

Edge has won “Best Edge Computing Platform” in the IoT Innovation category at the Future Digital Awards 2019. The award was given following a thorough judging process undertaken by the analyst team at digital research consultancy Juniper Research.

Juniper judged award entrants on a number of elements, specifically: Product Features and User Benefits; Product Innovation; Commercial Partnerships; Commercial Launches; Compliance & Certification; and Future Business Prospects.

The key strengths and advantages of Edge noted by the judging panel were:

InstaReM, the Singapore-headquartered digital cross-border payments provider has launched its services in Canada, solidifying its presence in North America. InstaReM offers quick, convenient, and cost-effective digital cross-border money transfers to individuals and businesses globally.

Klarna and Mothercare have today announced an extension of their current payments partnership, which will see Klarna’s Pay later, Pay in 3, and Slice it (0% interest) products available online and in-store across the UK. 

The partnership offers new convenience for Mothercare shoppers, as Klarna’s smooth and easy payment options are available online for the first time. Parents searching for cots, clothing or car seats, can now sleep easy — or try to — knowing they have the option to pay for items later, or in instalments. 

Nets, a leader in the European payments industry, has collaborated with multinational professional services provider, KPMG, to develop Nets Fraud Ensemble, a next-generation fraud monitoring and prevention solution.

Performance is set to become the next big battleground within the payments industry, as businesses in all sectors look to enhance customer experience and increase margins in response to market disruption and increased competition.

Research from emerchantpay reveals that as many as 85% of payments leaders predict that a greater focus on payments performance (including tools, analytics, skills and investment) over the next two years will increase their organisation’s revenues by between 1% and 10%.

The deadline hanging over Europe is finally here. No, not Brexit, but PSD2’s September 14 mandate for the implementation of SCA (or, to those unfamiliar, Strong Customer Authentication). The European law and its implementation by banks has stirred a lot of discussion across the continent – especially in the UK.

Already leaders in the open banking game, its unsurprising that the British banking world has raced ahead in implementing – and commenting on – enhancements to their authentication methods.

Wait, what is SCA?

Following a competitive selection process, Caisse des Dépôts (CDC), a long-term public investor addressing the general interests and economic development of French territories, has chosen Murex’s MX.3 platform to support its asset management activities from front to back office.

Group CFO and Head of Group Finance and Treasury Christopher Rees has decided to relocate back to the UK with his family to pursue new opportunities and will leave Nordea in 2020. A search for a successor has been initiated. Christopher Rees will continue in his role and as a member of Group Executive Management until a successor has been appointed and responsibilities orderly transferred.