JPMorgan Chase has moved to bolster its valuable wholesale payments business by building an e-wallet that lets e-commerce and gig economy firms such as Amazon and Airbnb offer their customers virtual bank accounts.

Southeast Asia's leading FinTech platform for digital businesses, Xfers, has launched its first blockchain-enabled initiative to further the goal of building an open financial ecosystem to enable financial inclusion in the region. With the launch of StraitsX, its pilot stablecoin initiative powered by Zilliqa, Xfers aims to create a frictionless and transparent payments ecosystem for Southeast Asia.

Drawbridge Partners, a premier cybersecurity software and services firm specializing in the needs of hedge fund and private equity managers, today announced the launch of DrawbridgeConnect-R™, a Vulnerability Management as a Service (VMaaS) platform.  DrawbridgeConnect-R continuously analyzes a firm’s vulnerabilities - rather than providing a mere point in time vulnerability assessment – and helps firms identify, prioritize and remediate organizational cybersecurity weaknesses that leave data at risk.

Finance transformation with analytics

Finance transformation is all about improving the overall value that finance provides, but with finance teams under increasing pressure to do more with less, this is something that is becoming increasingly difficult.

It’s estimated that 81% of finance teams are currently undergoing finance transformation, yet research by Gartner reveals that seven out of 10 finance transformations fail.

Semafone^®, the leading provider of data security and multi-channel compliance solutions for call and contact centres, today announced Intelligence+, a real-time data analytics offering, integrated into its award-winning and patented telephone payments solution – Cardprotect Voice+.

Managed Cloud and Security Enterprise Performance Partner, CSI Group, has today acquired Tectrade, a leading provider of data protection and risk management solutions. The acquisition will further strengthen CSI’s cloud services offering, enabling it to offer its clients advanced data protection capabilities, and allow the Group to expand into the USA.

Path Solutions, the global Islamic banking software company, today announced a new partnership with Nityo Infotech, the fastest growing next-generation global IT services company.

Wematch, the global multi-asset-class, web-based matching and negotiation platform, has appointed Jack Jeffery as Chairman of its Board.

With more than 35 years’ experience in financial markets, Jack was previously CEO at electronic fixed income platform MTS and also at EBS, the spot FX electronic broking platform. Jack served 11 years at Citigroup, where he was Global Head of FX options.

Analytic software firm FICO announced today that the latest release of the FICO^® Cyber Risk Score is now available on AWS Marketplace. The latest release of the FICO Cyber Risk Score exceeds the published performance results of competitors by a factor of more than 5X, further solidifying FICO’s position as the most accurate security rating on the market. AWS Marketplace is a digital catalog with thousands of software listings from independent software vendors that make it easy to test, buy, and deploy software that runs on Amazon Web Services (AWS).

CaixaBank, Spain’s leading retail bank, has opened “all in one” Barcelona, its new flagship hub in the city. This new conceptual space was created by the company to revolutionise customer experience in the physical service channel.