Avaloq and Personetics are entering into a strategic partnership to connect Avaloq’s global banking clients with Personetic’s AI-powered personalized engagement solutions.

Personetics, the leading global provider of data-driven and personalized engagement solutions powered by artificial intelligence (AI) for bank customers, is joining the Avaloq.one Ecosystem, Avaloq’s open banking marketplace bringing together financial institutions and innovative fintechs using the latest REST API and sandbox technology on www.avaloq.one.

Wirecard, the global innovation leader for digital financial technology, and Banca Afirme, a Mexican financial institution with a nationwide presence, are collaborating to equip television station Canal 22 with employee payout products for e-commerce payments, Point-of-Sales (POS) spend, and ATM cash withdrawals.

TSB announced it will ensure that all of its smallest suppliers will be paid within just 10 days of invoicing the bank. The move will apply to all companies that supply goods and services to the bank, even if the contract allows it to pay over a longer period.

Barclaycard, which sees nearly half of the nation’s credit and debit card transactions, will be rolling out the deployment of the new £45 contactless limit across UK retailers from 1 April 2020.

The payments provider, which provides the technology to power over 150,000 terminals across the UK retail sector, is supporting the increased threshold to help prevent the spread of Coronavirus. Adjusting the contactless limit from £30 to £45 will allow more customers to make payments without touching card terminals or handling cash.

“The past decade has been a turbulent time for Bitcoin - we've experienced bull markets, bear markets, 10% swings (in both directions), China banning Bitcoin, China unbanning Bitcoin, China banning Bitcoin (again), China unbanning Bitcoin (again), hard forks, the “death of Bitcoin” more than 380 times... and more. Bitcoin is not immune, but it has become weathered to these events.
 

Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, today announced that it has launched its global solution provider partner programme and invites financial services software providers to join.

Murex, the global leader in trading, risk and processing solutions for capital markets, is pleased to announce that its customer, National Bank of Canada (NBC), migrated its on-premises development and testing installations of MX.3 to Amazon Web Services (AWS). 

In an industry pressured by costs, evolving business expectations, and the need for faster time-to-market, the shift to AWS enables NBC, Canada’s sixth-largest bank, to modernize and repurpose precious resources, aligning them to high-value projects.

Unfortunately, there's really only one item of news these days: COVID-19. We're all sitting at our screens trying to carry on as normal, but at the same time watching helplessly as this disaster unfolds around us.

Coconut is a London based Fintech start-up, providing the ultimate accounting and tax tool for self-employed people.

Coconut was co-founded by Sam O’Connor and Adam Goodall, who understand that working for yourself can become a minefield when it comes to sorting out your finances, whether you’re a sole trader, freelancer or a small limited company. Instead of working on growing your business, you can end up spending far too much time trying to ensure you’re being paid on time, tracking your expenses and calculating your tax return.

The increasing number of mobile phone users and the massive growth of eCommerce have led to the rapid adoption of digital payments all over the world. Cashless payments have become an appealing alternative to many European consumers, as well, causing a significant impact on the payments industry traditionally dominated by cash, credit cards, and debit cards.