Profile Software, an international financial solutions provider, announced today its participation in the 11th Middle East Retail Banking Forum and Expo taking place on the 18th & 19th of April at the Ritz Carlton DIFC, Dubai, supporting the activities of its local company in the UAE that acts as the central point for its regional expansion in surrounding areas.

Profile Software is exhibiting at stand C22, showcasing its latest developments in the range of platforms that it develops namely:

Pich, a startup won business project at Fintech Venture Day Madrid, a contest organized by Santander InnoVentures, Accenture and IE Business School. The competition is aimed at startups which provide technology-based solutions for the finance sector and the event was held at the Rafael del Pino Foundation.

The week starting April 11 through April 15 was lucky in terms of client wins for many financial technology providers, especially in the sphere of trading and banking systems. The most significant deals include Fidessa’s agreement with Huatai Financial, Numerix contract with The Reserve Bank of New Zealand and SimCorp’s wining of Nomura Bank as a new client. The trading technology market witnessed a number of interesting fintech product releases and enhancements, obviously in connection to TradeTech Europe event in Paris. Financial IT summarized fintech activity this week.  

Accuity, the leading global provider of risk and compliance, payments and know-your-customer solutions, has been selected by The Law Society as its preferred supplier of anti-money laundering (AML) e-verification until 2018.

Team of speakers at Blockchain & Bitcoin Conference Prague welcomes Bharath Rao - the founder and director of trading platform Coinpit Inc.

Topic of his presentation is titled “Application of cryptotechnology and Bitcoin”.

When Bharath Rao established Coinpit Inc., he was using ten years of experience of trading on Wall Street, and the knowledge obtained at the executive positions.

He will tell about the benefits of blockchain technologies providing:

While the majority of global organisations say that it is ‘vital’ their organisation is insured against information security breaches, less than half (41%) are fully covered for both security breaches and data loss and just over a third have dedicated cybersecurity insurance.

 ONPEX, The Online Payment Exchange, has announced its partnership with Global Payment Connection, an international, independent consultancy and full service organisation specializing in card-not-present payments.

Active in payments for over 15 years, Global Payment Connection provides a full range of merchant services including credit card and alternative payment methods, risk and fraud management and payment consultancy to companies of all sizes, ranging from the fashion to digital goods and travel industries.

Bank of Internet USA, the nationwide subsidiary of BofI Holding, Inc. is making online banking even easier with the launch of its redesigned website - BankofInternet.com.

Africa’s growing technology community, coupled with the rise of its financial services sector, are expected to create a surge in demand for specialist ‘fintech’ contractors, according to professional services consultancy, Procorre.

Procorre, which manages the life cycle of finance and technology projects around the world, is already seeing a significant increase in requests for app developers, data analysts and ‘mobile wallet’ framework developers to help the fintech market grow.

The essence of banking in the 21st century is digital.