With the roll-out of biometric fingerprint authentication smart cards, consumers will soon be able to make payments feeling more confident about the heightened security their new cards will offer. However, it’s not just consumers that stand to benefit from this advanced technology. Biometric payment cards will impact the entire ecosystem - from payment networks, smart card and secure Integrated Circuit (IC) vendors, through to biometric sensor manufacturers, retailers and merchants.

Financial IT speaks with Darcy Sullivan, Vice President - Corporate Communications at FICO

Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that Eventus Systems, a multi-award winning global trade surveillance and market risk platform provider, has selected Itiviti’s Managed FIX Service to consolidate drop copies from market centers.

DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced its first partnership in Thailand.  The firm has teamed with Thailand’s leading online securities trading provider, SBI Thai Online Securities Co., Ltd. (SBITO), to bring local investors direct access to the U.S. stock market and their first opportunity to participate in fractional share trading.

d1g1t Inc., the first provider of an enterprise wealth management platform powered by institutional-grade analytics and risk management tools, today announced the appointment of Dr. Andrew Aziz as Executive Vice President, Business Development and Kian Rafia to the role of Managing Director, Head of U.S. Distribution.

Boards Expect Near-Term Disruption From Emerging Technologies

“Revenue Tech” refers to the plethora of technology application providers of analytics, insights, and decision-making support software aimed at fueling top-line and margin growth. At its core, Revenue Tech focuses on three areas that drive revenues (hence the name): pricing, sales effectiveness, and marketing. All three areas are underpinned by applications in data analytics and data resources.

USAM Group, a global team of enterprise sales and marketing professionals that matches financial institutions with best-of-breed solutions from advanced information and technology vendors, is pleased to announce the addition of two complementary offerings to its rapidly growing roster of fintech solutions:  HeliumTM by Levyx is system-level data processing software that delivers unparalleled capacity, automatic persistence, and incredible speed, all while using any standard hardware.

Airbnb has officially announced that they are set to process EU payments through Luxembourg as of 2020, as a result of Britain’s departure from the European Union.

The American private home rental platform, Airbnb, has announced that EU payments between hosts and guests will be processed through the Grand Duchy as of 2020.

The company opened a subsidiary in Luxembourg at the end of last year and has now been granted a payment institution license in the country. 

WeOwn today announces that it is building WeExchange - a new global, decentralised stock exchange - to enhance its investment ecosystem for high-growth companies and everyday investors. The exchange will give SMEs access to new capital raising opportunities and provide investors with flexible access to equity in dynamic brands.  

Europe’s leading open banking platform Tink has ramped up its European expansion, boosting its physical and digital reach by launching its platform in Italy and Portugal, as well as opening new offices in Madrid and Milan. 

Since its launch in 2012, Tink has gone from strength to strength — growing its employee numbers from 20 in December 2016 to 270 globally in December 2019. The open banking platform gives access to financial data from 2,500 banks in Europe that are reaching 250 million bank customers.