Today FICO is celebrating the achievements of its customers and their achievements with AI, machine learning and decision management. The 12 winners of the 2021 FICO® Decisions Awards have demonstrated extraordinary innovation in very different industries and markets.
More information: https://www.fico.com/en/fico-decisions-awards-2021

London-based lender 365 Business Finance has formed a new strategic partnership with payment solutions provider PayXpert, one of the many valuable partners aligned with during the pandemic.

Through such partnerships, 365 Business Finance has been able to double the number of enquiries received for merchant cash advances*, compared to pre-Covid volumes.

Cloud-based browser testing platform LambdaTest today announced it has secured US$16 million in Series B funding led by Sequoia Capital. Telstra Ventures, MENA region investor Wamda Capital and a leading sovereign wealth fund also joined the series B round. 

EMV® contactless payment terminal requirements have been updated by global technical body EMVCo to help enable a more reliable and consistent payment experience through the addition of IQ demodulation requirements. The development reflects consumer use of an increasing range of card technologies, self-powered payment devices such as smartphones, and wearables to perform transactions.

ZebPay, India’s oldest and most widely-used Bitcoin and crypto asset exchange, today announced the appointment of Avinash Shekhar as its Co-Chief Executive Officer. The Co-CEO title will be shared with Rahul Pagidipati. While Avinash will be responsible for day-to-day operations and growth in India, Rahul will be responsible for international growth and investments.

Today, AquaQ Analytics and Alveo announce a partnership in advanced data management and analytics for the financial services industry. One specific deliverable of the relationship has been the integration between Alveo’s Prime data mastering and data quality management solution and AquaQ’s kdb+ data capture solution, TorQ. Building on AquaQ’s experience with TorQ and kdb+, Alveo and AquaQ have created bi-directional integration which allows customers to easily take mastered pricing and reference data from Prime into kdb+.

GIC, Singapore’s sovereign wealth fund, has selected NeoXam, a leading provider of data management and transaction software solutions, for its Master Data Management (MDM) and Investment Exposure Engine implementation project across all public and private asset classes.

Chargebacks911, the dispute technology platform provider, and its financial institutions-focused sister brand, Fi911, has announced the launch of its second annual Chargeback Field Report.

Driven by shifting consumer behavior towards ecommerce and digital transactions resulting from the COVID-19 pandemic, the report unveils an eruption in friendly fraud and a worrying trend of merchants across every sector struggling to cope with chargebacks spikes.

AppGallery, one of the top three app marketplaces globally, has announced the launch of near-field communication (NFC) payments in Europe following a fruitful partnership with Stocard, the leading European mobile wallet.

Following the success of its partnership with AppGallery, Stocard worked with Huawei to integrate Huawei Mobile Services (HMS) Core capabilities to its app, enabling NFC payments across Huawei smartphones. Huawei mobile users in Germany, Italy, France, the Netherlands and UK can now make seamless smartphone payments without needing to carry physical cards.

 SurePay, the leading Confirmation of Payee (CoP) provider, continues on its growth trajectory following the introduction of new solutions for banks, such as the Switch Check and SurePay PayID.

There are now over 25 banks and more than 150 organizations using SurePay’s Confirmation of Payee solution. In 2020, its CoP solution for organisations grew by 1719%.