Today, PayPal launched Xoom, its international money transfer service in Canada.

NeoXam, a leading provider of data management and transaction software solutions dedicated to the financial industry, today announces it has received a “Finance Innovation Accreditation” by the French Public Authorities for its Artificial Intelligence (AI) offering. 

Finance Innovation is the unique cluster for innovation in the French financial sector. Its goal is to accelerate the creation and development of innovative projects devoted to challenges in the service of growth and employment.

One of the most important trends we’ll see in 2019 is the global adoption of Open Banking, especially in the United Kingdom, the European Union and Asia-Pacific (primarily in Singapore, Hong Kong and Australia). Open Banking allows third-party payment service providers (TPPs) to obtain consumer data from banks about financial history, and to initiate payments directly through bank accounts.

As 2018 draws to a close, Infosecurity Europe 2019, Europe’s number one information security event, which next year takes place at Olympia, London from 4-6 June 2019, has challenged its CISO community within financial services and other key industry sectors to predict the trends that will shape the industry in the year ahead.

Tikhoze Banda, Country Manager UK, MANGOPAY at FinTech Connect 2018

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it has partnered with Xceptor, the leader in data-centric intelligent automation software, to enable clients to leverage Xceptor’s data transformation capabilities within DTCC’s Global Trade Repository (GTR) for Securities Financing Transactions Regulation (SFTR).

Omnio Group, a banking and payment services provider formed by the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, has welcomed payment industry leader Keith Richbell as Chairman of the group’s Australian business. 

Richbell has more than 35 years’ industry experience, working across retail banking, foreign exchange, real-time and card payments, as well as FinTech. He has worked for major international brands, including Citibank and Santander, Travelex and Vocalink, in addition to eftpos Australia and PCT.  

 iwoca, the UK’s fastest growing small business lender, today announces it has connected to Barclays and HSBC banks under Open Banking. This expands the number of Open Banking connections offered by iwoca to three, including Lloyds Bank, and will enable more than 60 percent of the lender’s customers to take advantage of the Open Banking service.

On December 10th 2018 the Sberbank Group announced the appointment of David Rafalovsky as Executive Vice President.