With only 30 days until implementation, more than 50% of investment firms globally are unlikely to be ready for the European Union’s new General Data Protection Regulation (GDPR) on 25 May 2018. This is according to a global industry survey of over 250 financial firms carried out by Cordium, a leading provider of governance, risk and compliance services, along with AmberGate, a data protection and security compliance specialist. 

Today’s digital payments tech is delivering far more than process and cost efficiency in the B2B supply chain, says Patrick Bermingham, CEO, Adflex – it’s alsocreating new value by changing how buyers and suppliers find and do business with each other.

These are challenging times for brick-and-mortar merchants. Across the world’s top 250 retailers, the average annual rate of revenue growth has declined by almost 50% in the past 10 years.

World-leading biometrics company, Fingerprint Cards (Fingerprints™) today announces its collaboration with IDEMIA, the global leader in Augmented Identity, on Japan’s first biometric payment card trial, a key milestone in the roll-out of biometric payment cards. Utilizing Fingerprints’ sensor technology, the pilot will run on Japan’s leading payment network, taking the region one step closer to commercial roll-out of biometric payment cards.

PayKey (http://www.paykey.com), a Social Banking solution provider, today announced that Banco Davivienda has been recognised by Celent as a winner of the Model Bank Award for Consumer Channel Innovation for the DaviPlata digital wallet. Celent is a global research and advisory firm for the financial services industry.  

eBay and PayPal today confirmed the signing of a previously-announced agreement to offer PayPal as a way to pay on eBay until July 2023. 

b-next, the specialist provider of capital markets compliance solutions, will showcase its advances in blockchain surveillance, as well as its latest Artificial Intelligence (AI) and behavioural analytics capabilities at Tradetech 2018.

Microsoft and Saxo Bank announced a strategic partnership with the aim of running Saxo Bank’s entire technology stack on the Microsoft Cloud.

Financial services are at a transformational tipping point. It is key for financial organizations to harness data and cloud services as a strategic asset, shifting from hindsight to foresight closely hinged on security, privacy and regulatory compliance. With the partnership, Saxo Bank aims to be at the forefront of cloud-based solutions in the financial industry.

Segment, the customer data platform, today announced the availability of new product features that will help brands achieve compliance with the European Union's General Data Protection Regulation (GDPR), which takes effect May 25, 2018. Using either a simple user interface or an API, Segment customers will be able to manage user deletion and suppression requests, as well as automatically forward them to supported Segment integrations such as Amplitude, Braze (formerly Appboy), Intercom and Iterable.