TransferMate, one of the world’s leading cross-border B2B payments providers, today at Money2020 Europe in Amsterdam launched the TransferMate API, allowing software partners and business customers access to its globally regulated payments technology through direct integration.

With the ability to securely embed same-day, cross-border payments in 162 countries and 134 currencies directly into treasury, accounts payable or ERP systems, the TransferMate API can handle thousands of payments at once, reducing administrative workload and saving businesses time and money.

Signicat, the leader in verified digital identity solutions, today revealed that 38% of all financial services applications in Europe are abandoned despite massive investment in digital transformation by institutions. Although the 38% figure is an improvement on 2018’s high of 52%, it means that abandonment rates have returned to nearly the same level as 2016 (40%).

Today Bankingblocks; a wholesale banking provider for fintech and payment companies and Five Degrees; a digital core banking provider, announce its partnership at Money 2020 – one of Europe’s largest financial services and payments events.

Bankingblocks is using Five Degrees’ Matrix solution as their digital core banking platform to launch, innovate and offer disruptive banking services to its global clients and partners including challenger banks, FinTechs and payment companies.

Ground-breaking financial utility, Banking Circle, is on a mission to improve access to global financial services for businesses of all sizes. Underlining this commitment, the firm has commissioned new research to provide a fresh perspective on existing failings and opportunities. The findings of the research, undertaken by MagnaCarta Communications, will be published in a new white paper launched today at Money20/20 Europe.

Temenos (SIX: TEMN), the banking software company, announced today that Eurobank Group has selected Temenos Infinity, the breakthrough digital front office product and Temenos T24 Transact, the next generation in core banking system, to enhance its business agility and secure significantly lower deployment costs. The group has opted for a full IT renovation program of its subsidiaries to drive its digital transformation starting with Eurobank Cyprus.

Today, global payments provider Klarna announced the launch of tickets for an immersive fun-filled week of activities in the retail store of dreams. Set in the heart of Covent Garden, with over 20 of Klarna’s retail partners and customer favourites, the week promises something for everyone.

Leading payments solution Paybase has been selected to be part of Startup Grind’s 2019 Accelerate programme. They join a host of Europe’s top startups from a spectrum of industries to discuss the future of startups, venture capital, FinTechs and much more. Paybase will also be featured in the 2019 Startup Grind Europe Conference, exhibiting in the Growth category for the Startup Exhibition on June 6th in London.

Today BBVA and NetApp, the data authority for hybrid cloud, announced an alliance that makes NetApp a priority technological partner for BBVA. The alliance is part of a series of strategic agreements the banking group is implementing to become a more flexible and scalable digital bank.

ValidSoft, a voice biometric and multi-factor authentication SaaS company, today announces the appointment of Andre Davis as Vice President, of Technical Pre-Sales for the US market.

ULTUMUS, the leading global provider of data creation, management and distribution services for index and ETF products, today announced the hire of industry veteran Femi Orangun to its team of index and ETF specialists.

Femi has joined the ULTUMUS team as a Solutions Architect, to assist in the development of their data platform and production of advanced tooling in conjunction with the recent alliance between ULTUMUS and Velox Financial Technology.