Gro Solutions, a leading provider of digital growth solutions for banks and credit unions, announced that $4.2 billion, Apple Valley, Minn.-based Wings Financial Credit Union is the latest financial institution to implement Gro Account Opening, which simplifies the opening of new Wings Financial Credit Union accounts.

Gro Account Opening leverages GPS, imaging, wireless carrier data, email address parsing and other features to limit manual text input during account opening. New mobile-first and mobile-only members can stay in their chosen channel for the complete process.

China UnionPay (CUP) and Visa Inc. today signed a Memorandum of Understanding (MOU) in Shanghai with both parties agreeing to collaborate on payments security, innovation and financial inclusion. The MOU was signed between Shi Wenchao, President of CUP, and Charlie Scharf, Chief Executive Officer of Visa Inc.

Encap Security, provider of uncompromising authentication for financial institutions, has today announced the release of version 3.1 of its Smarter Authentication platform. The update includes support for Android’s fingerprint API, and better protection against Man In The Middle (MITM) attacks.

Why terms extensions without financing innovation will be damaging your competitive position

 Nasdaq (Nasdaq:NDAQ) today announced the completion of its acquisition of Marketwired, a leading global provider of news distribution services and analytics for communications professionals. 

AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that it has opened a new office in Poland, in response to increased demand in Central and Eastern Europe from financial firms which must comply with a range of new regulatory requirements.

A team of 15 has been employed at the new office in Wrocław – the largest city in western Poland, which is renowned for its university of technology. The team will be developing and implementing new regulatory solutions for the Central and Eastern European markets.

 Saga, a leading provider of financial and travel products for the over 50s, has engaged contact centre technology specialist Sabio to support its contact centre infrastructure at sites in Folkestone and Thanet.

FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced the integration of Symphony Communication Services LLC’s platform with FlexTRADER EMS. The integration brings secure and compliant messaging directly into the trading blotter for any FlexTrade clients using Symphony.

Customer data and the opportunities for creating innovative business models out of it has become a recent favorite topic of mine. I spoke on the topic at FinTechStage Luxembourg’s dinner overview hosted by Luxembourg for Finance and the Luxembourg Ministry of Finance, and we had an audience of banking CEOs and fintech influencers keen to find out more about the power of data in solving universal financial services problems.

Banks must refine and modernise their approach to data management to be effective in the era of the Quantified Self

The world is undergoing a data revolution. We are in the midst of the Quantified Self and real time personal data and performance measurement.