Shinhan Bank has worked with Trustonic and ATsolutions to integrate and secure its one-time password (OTP) service into the domestic S-Bank mobile banking application and a global S-Bank solution for Vietnam, with more deployments to follow. This new solution delivers a simpler, faster and safer user experience.

OSPT Alliance’s non-proprietary, open standard for secure transaction solutions, CIPURSE, has been specified for a new card based driving licence scheme in Brazil.

2Checkout (formerly Avangate), a leader in eCommerce, payments and subscription billing solutions, today announced its 2017 Avangate Digital Commerce Platform Winter Release, featuring improved acquisition, conversion and retention tools, part of over 750 platform updates.

Highlights of the release include:

Coupa Software, a leader in cloud-based spend management, announced today that it has acquired Simeno Holdings AG, a leader in cross-catalog search and advanced catalog management.

Berlin based challenger bank Penta, is announcing the official launch of their business bank account offering in Germany.

CEO and co-founder Lav Odorovic says the company started out of the founding team’s frustration with business banking, the high fees, as well as the bureaucracy and lack of transparency that today’s legacy banks offer. 

Hollis, a leading provider of enterprise and education technology solutions, has achieved a Silver Small and Midmarket Cloud Solutions competency, demonstrating its ability to meet the evolving needs of Microsoft customers in today’s dynamic business environment. 

To earn a Microsoft silver competency, partners must successfully demonstrate expertise, culminating in Microsoft certifications. In addition, in order to ensure the highest quality of services, Microsoft requires customer references for successful implementations and customer satisfaction.

According to the Financial Conduct Authority (FCA), financial services firms and banks in the UK are not reporting successful cyber-attacks. Megan Butler, Director of the FCA, warned that banks are still not admitting the full scale of cyber-attacks carried out every day.

Mohammed Kateeb, the Group Chairman & CEO of Path Solutions, has been named among the World’s Top 50 Most Influential Leaders in Islamic Economy in ISLAMICA 500 for the third year in a row. 

ISLAMICA 500, Edition 2018 was released on December 6^th in an exclusive private reception organized in cooperation with EDB (Economic Development Board of Bahrain) at the Capital Club Bahrain.