Raiha Buchanan, founder of Women in FinTech (WiFT), and Sarah Kok, the founding member of this initiative, have launched the first episode of their podcast. In this episode, titled “How Did You Get Into FinTech,” they share their ambitions for the podcast and the WiFT initiative as a whole. Raiha and Sarah also, share their own stories in this first episode of the podcast, intended to be a regular series.

World-leading biometrics company, Fingerprint Cards (Fingerprints™) has announced that it has now shipped 1 billion fingerprint sensors worldwide. The Swedish-based company has played a central role in bringing smartphone fingerprint sensors to the mass-market. Having led major advancements to the technology, Fingerprints was responsible for driving the first integration of fingerprint touch sensors into an Android handset in 2014, with its sensors now integrated into more than 330 smartphone models globally.

Wolters Kluwer’s Lien Solutions has launched Portfolio Sync, a first-of-its-kind lien management solution designed for lenders who use multiple methods of submitting Uniform Commercial Code (UCC) filings.

Following the Ordinary Shareholders’ Meeting held on 29^th April, SIA’s Board of Directors – meeting yesterday under the chairmanship of Giuliano Asperti – has appointed Massimo Sarmi as Deputy Chairman and has confirmed Nicola Cordone as Chief Executive Officer of the company.

Alternative lending is on the rise with the new players challenging the old-school banks in terms of speed and safety of credit products they provide. The only reason why they are able to match and outperform the traditional lenders is technology. Thanks to FinTech advancements, the lending space entry barriers are now incredibly low and smaller lenders have access to the level of automation previously accessible only to multi-billion corporations.

C-level executives – who have access to a company’s most sensitive information, are now the major focus for social engineering attacks, alerts the Verizon 2019 Data Breach Investigations Report. Senior executives are 12x more likely to be the target of social incidents, and 9x more likely to be the target of social breaches than in previous years – and financial motivation remains the key driver.

All the hype about digital transformation in financial services risks eclipsing something really important: that this ‘new dawn’ of open banking extends only as far as the connectivity layer that enables payments to be authorised. It doesn’t touch the back-end systems that actually move the money.

For many, this doesn’t matter. For a whole host of payment use cases like e-commerce transactions, domestic account transfers and credit card payments, the fact that the customer’s bank simply adjusts their balance when a payment is authorised is more than enough.

TransferGo, one of the world’s fastest growing money transfer companies, today announced that its global customer base has surpassed one million and continues to grow by more than 2,000 new users each day. This landmark follows a $3.4 million investment from Seventure Partners, one of the European leaders in venture capital.

Commenting on new online payment rules coming into force in September 2019, Keith McGill, Head of ID and Fraud at Equifax, explains how retailers can maximise the opportunity to make payments more safe and convenient:

With fraud increasing, and younger generations who love to shop online particularly vulnerable, it’s vital businesses put stronger payment processes in place. The challenge is to strike the right balance between customer convenience and security.