It’s easy to look at the price action of Bitcoin and other cryptocurrencies over the course of 2018 and think that the whole thing has just blown up and the “fad” is over.

However, looking at the price alone is deceptive. A lot of the massive runup over the last half of 2017 was created by naïve retail investors jumping on what the media had painted as “the next big thing”. Many were badly burned as the same money poured out at the start of the year. Understandably, these investors need some time to heal before they start buying cryptocurrencies again.

Libra Internet Bank assessed Allevo’s FinTP-Connect solution, given the requirements of the revised Payment Services Directive – PSD2.

Travelex, the leading global foreign exchange and money transfer specialist, today released its study into attitudes towards cash and other payment technologies: Do we really want a cashless society?

It’s fair to say that the term Bitcoin is now prevalent across all walks of life, from the boardroom to the pub. But for something that’s awareness has skyrocketed in recent years, questions still remain as to its longevity and ultimate value. Is it, and cryptocurrencies in general, just a phase or does it have the legs to establish itself in society?

ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with the Lithuanian eMoney institution, SatchelPay. The partnership will see ONPEX provide SatchelPay with tailor-made banking and payment services it needs to boost SWIFT payment capabilities.   

What will the top cyberthreats be in 2019? Experian® today released its sixth annual Data Breach Industry Forecast, which includes predictions of the top five cyberthreats facing businesses next year. The report addresses new breach frontiers such as biometrics and gaming, along with susceptible breach targets such as the cloud and wireless networks.

The smartphone sits at the heart of modern China. With the success of AliPay and WeChatPay – both boasting hundreds of millions of users in China alone compared to Apple Pay’s total 127 million users – paying with mobile is commonplace. In fact, card is quite the novelty.

Axyon AI, Italian start-up that brings deep learning to finance, today announced it has completed a Series A round of funding with UniCredit and ING Ventures, the venture capital arm of ING Bank. Individual investors also participated. The investment will be used to accelerate growth and further develop the product offering. It will also be used to support additional investment in research and development.

LexisNexis® Risk Solutions, the global information solutions provider, has, for the second consecutive year, retained the Best Regtech Solution in Financial Crime & Sanctions Compliance award at the Compliance Register Platinum Awards 2018. 

BT today announced the appointment of Kevin Brown as managing director of BT Security, where he will be responsible for the company’s physical and cyber security activity around the world. Kevin succeeds Mark Hughes, who is stepping down at the end of this year to take up a new position outside of BT.