ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, and a Gold level member of the OraclePartnerNetwork (OPN), has received ISV Partner of the Year at Oracle Partner Executive Forum - Levant & Egypt.

Thanks to PSD2 in the EU, and open banking in the UK, Europe has been leading the way with its open banking initiatives. This significant development represents the beginning of a journey to democratise the financial services industry by allowing third parties to access current account transaction information and initiate payments. However, there is so much more to do. In order to serve customers more holistically, access to additional financial products is needed beyond just current accounts and that’s why we are currently witnessing a movement towards open finance and open data.

OKCoin, a leading fiat-focused digital asset exchange with service in 184 countries, announced today that CEO Tim Byun has been appointed as Global Government Relations Officer (GGRO) of OKGroup. The OKCoin Board has appointed the company’s current Chairman, Hong Fang, to the position of CEO, effective March 31, 2020.

On 2 March a new collaboration between KBC and software company iController started.

Crypto-focused exchange software provider AlphaPoint has raised $5.6 million in new funding from unnamed sources.

Italian payments giant SIA has hired JP Morgan as financial advisor for all 'extraordinary transactions' - including a possible IPO.

The Consumer Financial Protection Bureau (Bureau) today announced three steps to advance its strategy on one of its key priorities: preventing consumer harm.

Marqeta announced today that it has been selected to partner with Afterpay, the leader in “Buy Now, Pay Later” payments, to help accelerate its growth in the U.S. market and support new innovative product offerings for its customers.