Last Wednesday, SIX and Omniex signed a partnership agreement. The partnership will provide a gateway to digital exchanges (including crypto currency exchanges) and OTC market makers worldwide for SIX and its clients. This will create the basis for new business opportunities along the value chain of existing and future asset classes. The collaboration will allow clients of SIX to get a standardized and secure access to trade crypto currencies. As part of the partnership, SIX will become a shareholder in Omniex. The parties have agreed not to disclose the amount of the investment.

Mastercard (NYSE: MA) today announced that Ajay Banga, President and Chief Executive Officer, will transition to the role of Executive Chairman of the Board of Directors of Mastercard Incorporated on January 1, 2021. Mastercard’s Board unanimously elected Michael Miebach, Chief Product Officer, to become Chief Executive Officer and a member of the Board of Directors on January 1, 2021 and, as part of the transition, he will become President of the company, effective March 1, 2020.

The Board of Directors of Expert System announced today that Walt Mayo has been appointed Group Chief Executive Officer. Walt joins Expert System with more than 20 years of sales, marketing and channel development leadership working with high-growth technology and scale-up businesses across the globe. He will be instrumental in expanding Expert System’s expansion in the US as well as responsible for driving a new phase of growth globally.

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announced it has been awarded “Best KYC and Client Onboarding Solution” by the Asian Private Banker Technology Awards. This accolade is testament to Fenergo’s powerful technology suite and ability to ensure compliance with regulations relating to KYC and customer onboarding for financial institutions in APAC.

ClickSWITCH today announced that it would deliver ClickSWITCH’s technology to clients of Finastra’s core banking solutions, Fusion Phoenix and Fusion UltraData. The two companies already share some overlap of clients, including both banks and credit unions.

More than two-thirds of insurance carriers will invest in predictive analytics and artificial intelligence over the next two years. Sixty percent of carriers will invest in automation, and more than half will invest in machine learning.

The technological revolution in insurance isn’t just a thing of the future. It’s already here.

As technological innovation drives new opportunities for fraudsters, digital security counter-measures could inadvertently be encouraging a resurgence of old-school tactics. These criminals know that today’s customers are wise to some of the more common online scams, but may not be aware of legacy techniques. Savvy criminals might operate Ponzi schemes, bounce cheques or even create fake work opportunities, while using tech-based tricks to help their efforts appear more convincing.

From fake cheques to CEO fraud