Wirecard, the global innovation leader for digital financial technology, has signed an MoU with UnionPay, the world’s largest card scheme, to form a global strategic partnership. The agreement will support UnionPay’s ongoing international expansion and Wirecard’s growth in China and with Chinese businesses.

Keesing Technologies, the global identity verification provider, is pleased to announce that its industry-leading Documentchecker database now contains reference data on more than 6,000 ID documents.

The BFSI sector seems to be raring to go on the AI and automation front, harnessing the maximum advantage of market opportunities. Indian banks such as State Bank of India (SBI) and Bank of Baroda are already betting big on AI. Speaking of the Indian NBFC sector that has been facing a rough stretch due to the recent liquidity crises, India’s shadow banks are seeing a sign of silver lining by revamping their lending processes through state-of-the-art technologies such as AI, Analytics, ML and Automation.

BidFX is proud to announce and welcome Wai Kin Chan as the Company’s new Head of Asia Pacific. Wai Kin will be responsible for sales team leadership, driving sales growth in the region as well as general management responsibilities across Asia Pacific.

Nutanix, a leader in enterprise cloud computing, has appointed Dom Poloniecki as General Manager for its Western Europe & Sub-Saharan Africa region. With territories including the United Kingdom, the Republic of Ireland and South Africa, as well as emerging markets in central and southern Africa, Mr. Poloniecki will be responsible for all sales and customer delivery activities within the region.

Financial IT speaks to Trevor LaFleche Director, Product Management, Strategic Initiatives at Fiserv

Financial IT: Trevor, could you please tell us more about Fiserv and about your background?

Trevor LaFleche: First of all, let me start with Fiserv.

Klarna, the fashion sector’s payments disruptor, announces its exclusive collaboration with renowned British fashion house, ‘House of Holland’ - shaking up the runway with a tongue-in-cheek T-shirt, at London Fashion week. 

In the 20th century, we saw how automated machines transformed supply chains in the manufacturing and industrial sectors, with the key objectives of increasing productivity and streamlining logistics. Today, we are seeing a new wave of transformation with the emergence of cutting-edge technologies that have the power to further revolutionise supply chain efficiency.

Encompass Corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, recently carried out an analysis of Anti-Money Laundering (AML) related penalties handed down between 1 May and 31 August 2019.

Key observations from the analysis are as follows:

Allevo, a Romanian financial software company, is being recognized as winner for innovation, at 2019 European Business Awards, one of the world’s largest business competitions of this kind.