Ikano Bank has procured fraud prevention technology services from UK based RegTech firm, TruNarrative. The decision is part of Ikano’s digital transformation programme and will see the TruNarrative platform integrated with Ikano’s new technology architecture to facilitate their Europe wide fraud prevention strategy.

As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online. According to Mastercard’s latest Recovery Insights report, this amounted to an additional $900 billion being spent in retail online around the world in 2020. Put another way: in 2020, e-commerce made up roughly £1.50 out of every £5 spent on retail, up from about £1 out of every £5 spent in 2019.¹

State Street Global Markets has released the results of the State Street Investor Confidence Index® (ICI) for March 2021.

The Global Investor Confidence Index increased to 93.9, up 2.0 points from February’s revised reading of 91.9. The increase in Investor Confidence was driven by the European ICI, which rose 12.6 points to 90.7, and the North American ICI, which rose 1.1 points to 94.4. Meanwhile, the Asian ICI dropped 4.9 points to 93.2.

FintechOS, the global technology provider for banks, insurance and financial services companies, today revealed new research that shows 63% of UK consumers believe the customer experience (CX) in banking has “stood still” for five years. After better financial terms, consumers will switch banks in pursuit of a better customer experience, especially Gen Z (18-24 years old) and Millennial (25-39 years old) generations. The data comes from a survey of 1,000 UK consumers in November 2020. 

Spice Money, India’s leading rural fintech, announced the appointment of Sanjeev Kumar as its Chief Executive Officer, effective March 31, 2021. He will be reporting to Dilip Modi, Founder, Spice Money.

Sanjeev Kumar, in his earlier role of Chief Growth Officer, has contributed to the rapid growth of Spice Money through his ability to strategize and execute relentlessly. Even in a year of pandemic and lockdown, it was Sanjeev’s vision that helped the company not only to stay afloat but to grow in leaps and bounds.

Syncordis, the global Temenos implementation partner and product experts, and Temenos (SIX: TEMN), the banking software company, announced that Santander International, part of the Banco Santander group, has selected Temenos SaaS, implemented by Syncordis, to power-up its core banking platform transformation.

Worldline, the European market leader in payment and transactional services, accelerates the digital transformation of commerce with its new AXIUM platform, comprising innovative Android POS and an unrivalled suite of payment and business services.

Worldline, through its Ingenico brand, today announces the launch of its POS AXIUM platform, the latest development in Ingenico’s evolution as an ecosystem enabler and the most trusted technology partner in the new world of payments acceptance.

Global technology provider Arrow Electronics has signed a pan-European distribution agreement with global cybersecurity company OPSWAT to offer its MetaDefender and MetaAccess cybersecurity suite of critical infrastructure protection products.

Foundation Finance has joined Versatile’s platform to provide current and future customers with powerful tools to build a comprehensive, customized financing program.