xpate, the startup set on revolutionising payments with one unified account for all payment methods and innovative drag and drop interface, announces its appointment of Wirecard’s former Head of Sales Digital UK and Ireland, Wayne Mckenzie. The appointment follows xpate’s plans to accelerate its growth in preparation for its wider launch to market.

Sibos 2020, a major annual conference for the financial industry, is being held between October 5 and October 8, 2020. This year it’s virtual, and its business program has welcomed Sberbank top executives, Alexander Vedyakhin, First Deputy Chairman of the Executive Board, and Anatoly Popov, Deputy Chairman of the Executive Board, as speakers.

Chapter two of Latin America Summit, the annual event organized by the fintech company EBANX, will take place on October 15. Uber and the Central Bank of Brazil will join experts from EBANX to talk about the new financial landscape in Latin America and how people in the region are consuming products and services. In its fourth edition, the summit is fully-online, held in a live show format.

This morning, the Bank of England sent out a letter to the banking industry asking for feedback on whether they would have any operational or technical issues with a zero or negative interest rate. Negative interest rates are generally introduced to help stimulate the economy, by encouraging banks/companies to make loans and use of the money, rather than hoarding it.

Earlier this summer, we joined global companies and nonprofits as a member of the Open Payments Coalition to launch PayID, the universal payment identifier. Today PayID has the potential to reach 125 million consumers through nearly 50 members of the Open Payments Coalition which includes new partners AirTM, Atomic and CoinPayments. 

Sponsorship and attendee registrations are open for ENBANTEC Retail Banking Conference EMEA (www.enbantec.com) that will be held on 18-19 November 2020 as a live virtual conference in the digital format. ENBANTEC is a global and niche conference with its focus on Retail Banking, Banking Technologies, Digital Banking, Banking Innovation, Next Generation Banking, Core Banking, Payment Systems, Digital Transformation, Secure Banking and Banking IT Solutions.

From self-driving cars to quantum computing, Artificial Intelligence (AI), or the advanced process for a machine to make decisions based on logic, has already made a significant global impact.

Today, AI is growing in reputation as an emerging technology and transforming the way businesses operate in a range of industries. The technology is strengthening operations and improving the customer service experience.  AI is also making an impact on FinTech by increasing the accuracy of the payment and lending process.

Cypherium, the enterprise-focused blockchain platform facilitating interoperability between blockchain and central bank digital currency (CBDCs), has today unveiled 

Exabel, the alternative data, AI and data science platform for active asset managers, today announced it has hired Jan Bratteberg as Chief Commercial Officer (CCO) and Nathaniel Cohn as VP of North America and Head of Data Partnerships. The news follows the closure of a third funding round last month and the commercial launch of the firm earlier this year.