For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this status quo.

To develop effective strategies to stay ahead, incumbents must understand who their competitors are now, and assess how their strengths and weaknesses compare in the key competitive battlegrounds of data, trust, cost, innovation, scale and alternative payment methods.

Boku reported strong results for FY20, with adjusted revenue and EBITDA growth of 20% and 106% respectively. The Payments business benefited from increased consumer demand during the pandemic, while the Identity business had a more difficult year. Trading year to date has been strong for both businesses and management is confident of meeting expectations for FY21. We have made minor changes to our FY21/22 forecasts. The evolution of the platform to address the wider alternative payments market provides upside potential to our forecasts and the share price.

Exactly a year after the first national lockdown, new research from Barclaycard Payments, which processes nearly £1 in every £3 spent in the UK, reveals the 10 biggest shifts in consumer behaviour which have emerged as a result of the pandemic, and are set to outlive it*.

Veriff, a global identity verification provider is partnering with Joompay, a social finance app enabling money transfers in Europe. The Joompay app allows people to send and receive money from anyone in an easy and fun way.

Mortgage technology solution providers Twenty7Tec and Eligible ai today announce that they have entered into a partnership with the intent of delivering solutions that will encourage advisers to use technology to help increase retention rates of existing clients.

With this partnership, Twenty7Tec and Eligible will collaborate in the design, development and deployment of technology that helps advisers easily and automatically maintain regular contact with both existing and new clients through the client lifecycle. 

Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, today introduced its next generation of DaybreakTM for Financial Services designed for mid-sized banks and credit unions. The enhanced solution empowers community financial institutions with advanced analytics and valuable business insights to improve customer relationships, strategically deliver new products and services through data-driven campaigns and drive competitive advantage with Aunalytics’ side-by-side digital transformation model.

ICA, the Paris-based fintech that is helping financial institutions turn their big data challenges into competitive advantages and unlock vital business-user-led opportunities, today announced a strategic rename to “Opensee”.  This announcement marks a significant milestone in the evolution of this fast-growing fintech that has already helped Tier 1 financial institutions harness hundreds of terabytes of data and deliver self-service deep data analytics capabilities designed to readily integrate with financial institutions’ information systems infrastructures.   

The EPLAN Virtual Fair is opening its digital doors this year for the sixth time and for two full days in a row for the first time. Visitors can expect a wide range of topics covering professional engineering and integrated, end-to-end processes. Live talks for c-level executives, customer best practices and a new partner area offer attendees constructive inspiration.

Imvision, a market leader in enterprise API security technology, is releasing a new report today. “API Security is Coming” reveals major gaps in API security based on insights from over 100 senior security leaders at large enterprises in the United States and Europe.

Amdaris is pleased to announce the appointment of Dawood Khan to the role of Sales Director, joining the company from Oracle where he served as UK and Ireland Sales Director (CX Marketing Cloud).

Having previously worked at Demandware and Adobe, Dawood brings with him a wealth of successful software sales experience gained from 24 years in the business, with a proven background in driving growth and supporting enterprise businesses with complex, ambitious sales environments.