Seamless protection for corporate data spanning hybrid cloud deployments; simplifies backup and restore process

SDK.finance, a core payment platform wrapped in +300 APIs, has committed two open source projects to GitHub, the world’s largest repository of source code. The first of these projects is an Angular UI source code which allows a user to build, test, and deploy User Interface (UI) for the backend of payment solutions. The second of these projects is a Postman collection which facilitates the use of APIs.

As it continues to expand its business and payments capabilities built over many years, Barclays has today announced the appointment of Rob Cameron as CEO, Global Head of Payment Acceptance. This role will sit at the helm of Barclaycard Payment Solutions and will be based in London, UK.

Barclaycard Payment Solutions is the number one payment processor in the UK and number two in Europe. It enables merchants to take payments, and already processes more than 1 in 3 card payments in the UK with over £245 billion processed in 2017.

MKB Bank, Hungary’s fourth largest commercial bank has today announced it is the first in the country to take a leap towards digital and open banking after transforming its entire technology system. Its transformation has included a full replacement of its core banking system, the retirement and consolidation of roughly 10 additional systems, and the modernization of its entire IT architecture.

Vayana Network, India’s largest 3^rd party Short-Term Trade Finance (STTF) platform, today announced crossing the USD 1 billion mark of trade financing on its network.  Vayana’s simple, cloud-based Network enables businesses and their trade partners get easy, digital and fast access to financing from Financial Institutions (FIs), such as Banks and NBFCs, at better than market rates.

National Settlement Depository (NSD), Russia’s central securities depository, has signed an agreement to connect Kyrgyzstan’s Bank of Asia to SWIFT via NSD’s service bureau.

Token.io Limited announces that its technology has been implemented by Sberbank in Slovenia as of today, 17 July 2018. Token is an open banking platform provider that allows a global ecosystem of banks, bank customers and developers to move money and information securely, instantly and without friction. Token’s Application Programming Interface (API) for banking infrastructure ensures that Sberbank Slovenia complies with PSD2.

FSS, a Payments and Fintech leader, today, announced the launch of FSS eFinclusiv, a second-generation financial inclusion solution that leverages the India Stack to promote financial deepening among underbanked customers.

Fonetic, a global leader in voice processing, compliance and surveillance technology, has selected three industry veterans to create a new product advisory board.  Nick Child, Sandy Broderick and Oliver Blower will provide Fonetic with expert advice on regulatory compliance, surveillance and technology.

The purpose of the advisory board is to ensure each solution that Fonetic develops has industry relevance and leverages each board member´s market exposure and regulatory and trading floor expertise.  

In the wake of the TSB IT debacle, the Bank of England (BoE) and the FCA have given financial services firms three months to explain how they would deal with technology failure. The discussion paper outlines the importance of operational resilience and warns that banks could face fines if service disruptions lasts longer than two days.