Equiniti Business Payment Services (formerly EQGlobal), the international payments division of Equiniti Group, is delighted to announce that it has partnered with SWIFT, the global provider of secure financial messaging services.

The partnership is announced at a time of significant investment for Equiniti Business Payment Services, a leading global business payment platform provider, as it enhances its customer experience though fast, flexible and reliable payments technology which operates with unrivalled accuracy.

Banks are technology companies with a banking license ! This claim and similar claims can be read more and more in articles on trends in the financial services sector and is often used as an argument that banks will soon be replaced by Fintechs and Silicon Valley tech giants. It is certainly true that IT is crucial for a bank and its importance can hardly be underestimated, but risk management is equally important as a bank’s core business.

Objectway, a leading provider in the Digital Wealth, Investment & Asset Management sector, announced they have ranked #79 on the 2019 IDC FinTech Rankings.

This is the fifth consecutive year Objectway have appeared on this prestigious list.

The Fortune 500-style ranking categorises and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions.

ICICI Bank UK PLC has announced the launch of a digital account opening facility that allows customers to open a personal current account instantly using the Bank’s mobile application. The first-of-its-kind service by an Indian bank in the United Kingdom (UK), it enables Non-Resident Indians (holding an Indian or British passport) and expatriate Indians (holding an Indian passport) and moving to the UK for work, to open a current account.

SWIFT is expanding options for customers moving to the cloud, announcing today both an initiative to smooth their migration to large public cloud providers such as Microsoft and Google Cloud, as well as the next generation of SWIFT’s own private cloud platform.

SWIFT already has a proof of concept in place with Microsoft, building on work that started last year with the technology company’s treasury operations establishing a prototype SWIFT connection on Microsoft Azure and the successful testing of payment transactions.

Cyber security provider F-Secure has launched a new consultancy unit bringing the company’s research-led cyber security services to organizations all over the world. F-Secure Consulting’s global team of cyber security consultants use technical research to secure current and emerging technologies, defend organizations from attacks, and drive the cyber security industry forward.

Accuity, the leading provider of financial crime compliance, payments and Know Your Customer (KYC) solutions, announced new enhancements to its account screening and alert management platform, Firco Screening Insight – for accounts, including new data offerings, improved list management capabilities, and integration with third-party case management solutions.

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, today announced that its Global Asset Servicing Solution is now available on Amazon Web Services, Inc. (AWS) and that a global tier-1 investment bank is in live operation with the solution and another global tier-1 bank is onboarding.

The current wave of AI (Artificial Intelligence) adoption in the private and public sector is predicted to make the job market like a game of musical chairs, as automation creates opportunities while taking other job ‘chairs’ away for good.

This is true in particular in the fast-moving financial services sector - a vital part of the world economy that is battling a tsunami of market pressures that include contending with increased competition from digital outsiders and an endless tightening of the compliance screw.