NTT DATA is excited to announce that entries are now open for its 7^th Open Innovation Contest. The competition invites startups from across the globe, in the fintech community and beyond, to submit ideas that overcome specific societal challenges.

Dash, the top payments-focused digital currency, has received approval from the Dash community to employ the services of Bugcrowd, the leader in crowdsourced security testing. 

Integrated payables and receivables is not a new concept, but a clear-cut definition of what it entails does not exist. At minimum, it must enable corporates and banks to be able to support straight-through processing, multiple payment formats, self-service payment processing for clients, and configurable compliance screening, accounting, and calculation tools.

Gro Solutions, a leading provider of digital growth solutions for banks and credit unions, announced it will relocate its headquarters from Johns Creek, Ga. to Midtown Atlanta’s Bank of America Plaza, the tallest building in the Southeastern United States, during the fourth quarter of 2017. 

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, announced today an agreement to acquire the communities and sports divisions of ACTIVE Network from Vista Equity Partners. 

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced that Commercial Bank of Ethiopia (CBE), the largest bank in the country, is expanding its ATM network with the addition of 200 new NCR SelfServ ATMs together with NCR APTRA Vision, a multi-vendor ATM management system that offers an accurate view of the banks entire self-service network in real time.

RAKBANK, one of the leading banks in the United Arab Emirates (UAE), in partnership with Diebold Nixdorf, the leader in driving connected commerce, has launched Samsung Pay on their ATMs. 

First Data (NYSE: FDC), a global leader in commerce-enabling technology, and FLEETCOR Technologies Inc. (NYSE: FLT), a leading global provider of commercial payment solutions, today announced that they have terminated the joint venture agreement they entered in March 2017. 

The European Banking Authority (EBA) launched today a public consultation on its draft Guidelines on reporting requirements on statistical data on fraud under the revised Payment Services Directive (PSD2). 

Commerzbank has processed the first BPO transactions in Austria, covering the import of bus components from Germany and Italy.