SIA, in partnership with Colt Technology Services, has won a tender commissioned by the European Central Bank for the provisioning of connectivity services allowing European central and commercial banks, central depositories, automated clearing houses and other payment service providers to connect directly to Eurosystem market infrastructures through a single access interface (Eurosystem Single Market Infrastructure Gateway - ESMIG).

Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make complex business payments simple, smart and secure, today announced its partnership with Starling Bank, the leading digital banking platform, and the launch of Bottomline’s Real Time Payments Express Service. This new 24x7 service will allow banks and corporates to send, receive and track payments in real-time to any UK bank account.

iSignthis Ltd (“the Company”), is pleased to announce that it has now approved more than 150 reportable accounts1. The focus this last month has been on more complex and larger entities, in sectors adjacent to our CFD/FX core markets. Onboarding of approved merchants continues at a pace driven by the merchant integrating to our API’s, consistent with our guidance and expectations.

Pool D, which has been awarded ahead of Pool C, has been designed to promote fintechs relevant to small and medium sized businesses.  Those who missed out of the funding will be disappointed, but it is extremely encouraging to hear BCR Ltd chairman Godfrey Cromwell stating, 'There is a vibrant and varied fintech community across the UK and Europe and BCR received a diverse range of strong, ambitious and innovative applications. It was very difficult to get down to just five awardees – we could easily have awarded to many more.'

Lumi Wallet takes another step towards becoming the premier wallet for the EOS blockchain, celebrating the recent adoption of a new cryptocurrency with a massive giveaway for its users, bestowing them with 1,000 EOS accounts worth $5,000 in partnership with Changelly and Minergate.

Open Banking began on 13 January 2018 with the launch of PSD2. Industry pundits spoke about customers walking through a promised land of meaningful financial insights and competitive products. The new rules make it easier for consumers to compare services and switch to get better deals and more personalised products.

With the younger generation’s willingness to switch to an online-only bank, surely challengers would try to snap up customers. In turn, it was an opportunity for traditional banks to play to the advantages they already hold over their digital rivals.

With the latest biometric payment card pilot announced with Europe’s top three bank Crédit Agricole in France, Fingerprints™ has confirmed that 20 contactless card pilots around the world now incorporate its fingerprint touch sensors.

Ahead of this year’s Connected Claims Europe Summit (September 18th & 19th, Amsterdam), Insurance Nexus spoke to global thought leaders working in Claims (from AXA Insurance, American Modern Insurance Group, Zurich and more), to understand how they are preparing to meet exceptionally high customer expectation

Last week saw Europe’s largest Fintech event return to Amsterdam: Money 20/20 Europe. The conference brought together all stakeholders from across the industry. It took a deep dive into the major developments shaping the world of payments as we know it. Enhancing the consumer experience remained a constant theme throughout. But it’s worth taking a closer look at some of the other big topics shaping discussions on the floor.

Open banking – a global pursuit?