Investment in financial technology (fintech) ventures rose sharply in most major markets in 2019, led by gains in the U.S. and U.K. and emerging economies such as India and Brazil, according to Accenture (NYSE: ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm.

Despite those gains, the total value of fintech deals globally dipped 3.7%, to US$53.3 billion from US$55.3 billion in 2018, when totals were boosted by a record US$14 billion from Ant Financial and three other multi-billion-dollar transactions from Chinese companies.

Caribbean Identity Compliance & Consultancy (CICC), a specialist provider of custom built Anti-Money-Laundering (AML) and Combatting-Terrorist- Financing (CFT) solutions, and Keesing Technologies, the leading global identity verification provider, today announced a partnership to help businesses in the C

MYPINPAD announces today that Colin Greene has been appointed Licentia Group and MYPINPAD CEO, to spearhead the global deployment of its PCI-certified PIN on Mobile solution and rapidly emerging contactless on smart device technology.

ACA Compliance Group (“ACA”) announced today the availability of its new payment and fraud risk assessment (“PFRA”) offering, which is designed to help firms identify and remediate vulnerabilities within payment flows in order to reduce the risk of costly fraud issues. The service is overseen by the ACA Aponix® division’s senior principal consultant Kamlesh Harry.

Ralph Hamers, CEO of ING, will step down from his position and leave ING as of 30 June 2020. After 29 years at ING he will join UBS on 1 September 2020 and will become Group Chief Executive Officer per 1 November 2020. Over the past six years Ralph Hamers has transformed ING into a leading digital bank, on the way to become the go-to financial platform for our customers. He created value for all stakeholders and played a leading role in driving sustainability efforts in the financial industry.

Finastra has brought its core banking platform, Fusion Phoenix, to the cloud, with Commerce National Bank & Trust of Winter Park, Florida, and Commencement Bank of Tacoma, Washington being the first US banks to access the core solution via public cloud.

Baker Hill, the leading financial technology provider in delivering solutions for common loan origination, risk and relationship management, CECL, and smart data analytics, today announces a renewed partnership with Washington Trust Bank. Washington Trust Bank will be migrating to Baker Hill NextGen®, Baker Hill’s unified solution that streamlines loan origination and portfolio risk management for commercial, small business and consumer lending. 

The acceptance of MIR National Payment System (MIR) cards has been announced in Tajikistan, opening up access to Russians who live in, or travel to, the country. 

Amonat Bank, the operator of the Tajik national payment system, Korti Milli, has announced the launch as part of a nationwide Tajik strategy to encourage the use of card payments in place of cash. MIR cardholders will now be able to make transactions via Amonat Bank terminals throughout Tajikistan.

Centage Corporation (www.centage.com), leading provider of cloud financial software that transforms how businesses budget, forecast, analyze and report, introduced the Maestro Help Hub, a rich online portal for Centage customers to access a robust knowledge base, submit and track support tickets, and interact with product experts and other customers. The Maestro Help Hub is free to all Centage customers as part of their cloud subscription and is becoming a popular resource amongst its customer base.