Temenos (SIX: TEMN), the banking software company, today announced that Yemen-based, Al Kuraimi Islamic Bank (KIB), has selected Temenos Infinity and Temenos Transact to replace its legacy IT systems and deploy a single, cloud-native, cloud-agnostic digital banking platform to underpin its banking operations. KIB is one of the Yemen’s top 5 banks, with 1.2 million customers and it aims to reach 5 million customers by 2023.

ZUBR, the arbitrage hub for digital asset derivatives, has selected Avelacom to provide low latency and resilient connectivity services across major cryptocurrency markets in Europe and APAC.

Through Avelacom’s network, the ZUBR platform will be able to offer its clients direct connectivity to crypto exchanges, as well as the ability to easily scale its ecosystem and connect clients through AWS, Alibaba, Google and Microsoft Azure clouds to crypto exchanges in Dublin, Hong Kong, Tokyo and other places.

daVinci Payments announced the launch of Brand Accelerator, a first-of-its-kind Software-as-a-Service (SaaS) platform designed to make payments a seamless branded experience for recipients—from beginning to beyond the point of payment. The launch of Brand Accelerator demonstrates daVinci’s commitment to offering branded payments that generate greater value through enhanced engagement.

An interesting observation has occurred to me during industry conferences I’ve attended and recent articles I’ve read that I felt important to address: ABT is rarely distinguished from EMV®.

While an EMV transit system is a form of account-based ticketing (ABT), this assimilation is problematic. And crucially, it’s prohibiting PTOs and PTAs from being able to make the best decisions for their local markets.

For Good Causes -the UK-based fin-tech company - today officially launches its innovative new scheme which is set to transform the way consumers and retailers donate to charity.

Last year was rife with hype and speculation about open banking’s disruptive credentials, and it is easy to see why.

Open banking is essentially the practice of sharing financial information electronically, securely, and only under conditions that customers approve of.

Chatter about open banking persists because it is can be a significant innovation catalyst, enabling better user experiences, streamlining lending, automating accounting, and pioneering new payment options.

Avaloq has been named a Leader in the Wealth Management Operations Services PEAK Matrix^® Assessment 2020 by Everest Group. The assessment, an objective, industry-recognized evaluation of technology companies in the wealth management space, is used by financial services institutions to make critical decisions about global services providers.

Appian (NASDAQ: APPN) will host Appian World 2020 Virtual Edition on May 12 and 13, 2020. This year’s virtual event gives every attendee the best seat in the house for the world’s premier conference on low-code automation. Register for free at https://ap.pn/3crB7qw.

PAX Technology, the world’s leading manufacturer of point of sale terminal solutions, communicated a more flexible commercial model last week, for the state-of-the-art IM20 and IM30 unattended payment modules, to its EMEA region customers in a bid to help boost self-service transactions and promoting convenient contact-free payment experiences following the global coronavirus pandemic.