Yolt Technology Services (YTS), Europe’s leading open banking provider, has hit another milestone in its journey after being granted a PSD2 license from the FCA. This means YTS can continue with payment services activities that include Payment Initiation Services (PIS) and Account Information Services (AIS) under its own independent FCA license, as opposed to that of shareholder ING – marking a significant growth milestone for the business.  

With the global digital payments market set to be worth some $8,059.3 billion by 2023, at a CAGR of 20%, payments are undergoing a rapid period of growth and transformation. New payment methods such as real-time payments, initiatives such as open banking, and technologies like biometrics, all contribute to a constantly evolving ecosystem.

P20 is delighted to announce McKinsey & Company as its first Global Knowledge Partner, focused on supporting P20’s Working Group convened to collaborate and share best practice around the world to reduce criminal transactions and fraud.

FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems announces Lyxor Asset Management adoption of FlexNOW EMS, which combines the best of cloud, desktop, mobile and API technology.

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced a partnership with Auriga, a market leader for omni-channel banking and payment systems.

Mollie, one of the fastest-growing payment service providers in Europe, has expanded to support UK merchants looking to grow into Europe. The expansion means Mollie has enhanced its services available to UK companies who can incorporate a variety of EU payment methods into their e-commerce websites. Those services give UK merchants the ability to tap into new markets and EU customers the choice to use their preferred payment methods, even when shopping with a UK retailer.

MITECH since early January has been reorganizing all new product initiatives under MITECH Lab resources to coordinate upgrades of legacy MIT platforms, new products already in development pipeline, and the expanding alliance delivery and fulfillment.
 

 Glue42, the company that delivers integrated desktop experiences to financial institutions globally, today released a new version of its open-source platform, Glue42 Core. The new release, version 2.0, enables different lines of business within buy and sell side institutions to collaborate more effectively and enjoy a better user experience across their entire fintech ecosystem.  

Steven Meirink, Executive Vice President and General Manager of Wolters Kluwer Compliance Solutions, has been named recipient of Finance Monthly’s FinTech Senior Leader Award.

Leeds-based Enterprise RegTech launch low-cost client verification and regulatory compliance solution for Legal, Investment, Accountancy and Real Estate sectors.

Leading RegTech firm TruNarrative have expanded their product line-up with new Know Your Customer (KYC) and Anti-Money Laundering (AML) solution TruPortal, designed specifically for low-volume users.