Worldwide travel is booming. The latest figures reveal the entire industry generated a staggering $8.27trillion in 2017.

 Identity verification specialist Onfido today announces that it has partnered with leading global remittance platform, Remitly. Onfido’s AI technology helps Remitly swiftly onboard new users to its platform, without running the risk of fraud or financial crime.

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that CNH Industrial Financial Services, a global financial services player in the Capital Goods financing business, has selected AxiomSL’s strategic platform to implement AnaCredit and local statistical (Schema-A) reporting in Belgium.

From tomorrow, identity verification checks carried out in one EU country will be valid across all member states. This is under the Electronic Identification, Authentication and trust Services (eIDAS) regulation, to which all EU states must comply by today.

Banks in other geographies don’t have as many problems as UK banks. Based on our research, UK-serving banks such as HSBC and TSB don’t do as good a job controlling the structural quality of their legacy systems. So the UK banking sector has some catching up to do in getting that kind of software intelligence.

Finicity, a leading provider of real-time financial data aggregation and insights, has agreed to use an application programming interface (API)-based method for sharing Fidelity Investments customer information, after the customer authorizes such sharing, with financial apps and services that Finicity supports.

Lombard Risk, the global provider of integrated regulatory reporting and collateral management solutions, will re-brand as VERMEG, six months after it was acquired by the European banking and insurance software solutions leader, VERMEG.  This completes a crucial step in VERMEG’s ambition to form a leading force in financial services software solutions.

Lombard Risk will transition to the VERMEG brand in all countries where it operates from October 1st 2018 and will introduce new product enhancements and increased research and development as part of the acquisition.

On 26^th & 27^th of November in Zagreb, Croatia, delegates from around the world of FinTech will talk about the newest trends in Payments, Insurance, Lending & Blockchain.

Temenos (SIX: TEMN), the banking software company, and the collaborative fintech platform B-Hive Europe, announced their associate partnership at Digital Finance Europe on September 26. The collaboration has been launched at the National Bank of Belgium in Brussels.

B-Hive’s growth continues, as it partners up with another tremendous tech company. B-Hive has reached a wide audience within the fintech community and joining forces with Temenos strengthens their ecosystem extensively. 

The vast majority (84%) of organisations believe an inability to quickly roll-out new services and applications to their workforce is impacting their ability to stay ahead of the competition, according to new research from Capita and Citrix. The survey of 200 CIOs and senior IT decision makers reveals that cost (48%), security and compliance concerns (47%), and legacy technology (44%) are the biggest barrier towards creating the agile workspaces that today’s organisations strive for.