FIME has been authorized by PayCert to evaluate payment solution implementations against the latest nexo standards Acquirer Protocol v6.0. This completes FIME’s end-to-end portfolio of nexo standards services.

Acknowledging the growing potential for future disruptions to critical business services that could create market instability, The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today called for establishing business resilience as an industry-wide priority in a new white paper, Resilience First.

FICO^® Falcon^® X, announced today at the Finovate conference in New York, delivers groundbreaking AI and machine learning technology aimed at preventing new forms of fraud and financial crime that are enabled by the rapid adoption of real-time payments. Running on Amazon Web Services (AWS), FICO Falcon X streamlines both fraud detection and anti-money laundering processes — something banks and financial institutions worldwide are seeking.

Accuity, the leading global provider of financial crime screening, payments and know your customer (KYC) solutions, has revealed new research into the current sanctions landscape that demonstrates a significant increase in complexity for organisations involved in global trade. At the same time, the stakes have never been higher; almost $1.3 billion worth of fines have already been issued by OFAC for breaches to U.S. Sanctions in 2019 – more than in any previous year.

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, today announced the launch of the Broadridge Data Control Solution suite designed to help financial organisations address the operational challenges of managing the data life cycle. The suite combines Broadridge’s award-winning reconciliation and matching solution with enhanced data analytics, together with industry-leading multi-bank connectivity and flexible financial messaging.

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider, today launched a new AI module that uses machine learning for continuous digital payments processing - a typical project to maintain and improve the matching rules would take up to two days, it can now be achieved with a simple tick.

The date is important, because it is the deadline, incorporated in the revised Payments Services Directive (PSD2) of the European Union (EU) for the introduction of Strong Customer Authentication (SCA).