Fenergo, a leading provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, today announces that it will be working with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) in designing and implementing the world’s first national Know Your Customer (KYC) utility that incorporates blockchain technology. The utility platform will support sectors including retail and corporate banking, asset management as well as insurance and telecommunications in the future.

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that a payment scheme in the Middle East and a universal bank in Iceland have chosen Fiserv technology to streamline anti-money laundering (AML) processes and effectively manage fraud risk.

 MYHSM Ltd, the global provider of Payment Hardware Security Modules (PHSM) as-a-Service, has appointed experienced and seasoned industry professional John Cragg as its new CEO. With over 30-years’ experience in the tech industry, John has joined MYHSM from his previous position as Global Head of Business Development at nCipher, a cryptographic solution provider and hardware security module (HSM) specialist, and formerly part of Thales e-Security. 

SWIFT announces the launch of an ‘in-flight’ payment investigation and resolution service, available in the cloud, in a significant expansion of its network-wide payments validation toolkit. The new capability allows for dynamic query handling between banks on the SWIFT network, enabling them to quickly resolve instances in which required operational, regulatory or compliance information is incorrect or missing from payment instructions.

 Arcserve, LLC, the world’s most experienced data protection provider, today announced the newest version of Arcserve Unified Data Protection (UDP), the industry’s leading solution for comprehensive protection of every type of workload.

Ria Money Transfer, a subsidiary of Euronet Worldwide, has joined RippleNet to enable instant, blockchain-powered global payments. With customers in over 155 countries, more than 377,000 locations worldwide, and $40 billion in money transfer volume per year, Ria is one of the largest payment service providers in the world.

Nivo, the Manchester-based instant messaging and identity verification platform, has announced the close of a £2m funding round from GP Bullhound, the Angel CoFund and a syndicate of angel investors. This funding will be used to accelerate growth and product innovation, cementing Nivo’s position as the fastest, safest way for financial services companies to sign up and service their customers.

Profile Software, an international financial services solutions provider, announced today the selection of Login’s Acumen^net by Sumitomo Mitsui Trust Bank, (SuMiTB) in Japan to support their Treasury operations across six overseas offices in the United Kingdom, USA, China, Singapore, Hong Kong and Thailand.

Kyckr is a regulatory technology company, is pleased to announce the launch of its new digital platform to provide an improved experience for users. The new site is available at www.kyckr.com

Do you want to take a strong position in the field of financial services, to be successful, innovative, and attractive to investors? Become a FinTech. This term has dominated the financial technology industry in recent years.

What is FinTech industry?

If you are FinTech, then you create modern solutions in the field of mobile payments, digital lending or money transfers. Your technology is necessary for the user who does not want to spend time in queues, fill out the documents, and then wait a week for answer.