VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced a strategic alliance with Intuit Inc. (Nasdaq: INTU) to enable its digital banking clients to simplify and streamline the way their account holders manage their finances.

Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX : ISX | FRA : TA8), the leading payment and identity technology company (the “Company”), is pleased to announce that it has completed acquisition of 100% of the issued capital of Cyprus based, Probanx Information Systems Ltd (‘Probanx”).

Fidor Solutions, an innovative provider of digital banking services, today signed an agreement with AFIN to create ASEAN’s first API Exchange (APIX) platform as Fintech Marketplace and Sandbox - together in a consortium formed with Virtusa and Percipient.

Asia-Pacific (APAC) is leading the world in the adoption of digital banking due to consumers’ constantly evolving demands, combined with the unbanked potential and benign regulation. Non-traditional challengers such as Ant Financial and Tencent are shaking up the market. Temenos argues that in the battle between banks and fintech giants, banks that embrace digital transformation will emerge as champions.

NYMBUS, the world’s most advanced revenue and technology solutions company, today announced TransPecos Banks has selected NYMBUS SmartLaunch to outsource the operation of its new digital bank brand, BankMD. Already serving its established banking customers throughout three regional locations in West Texas, SmartLaunch supports TransPecos Banks’ latest business transformation strategy to stand up a separate digital brand for expanding its digital reach and engaging loyal new consumers and revenue opportunities.

For almost three quarters (73%) of financials services leaders, customers are the main driving force behind their company’s digital transformation, however fear of failure is holding back the implementation of digital projects, with almost three quarters of financials services leaders put off by the costs of failed projects. This comes as no surprise, as seven-in-10 admit to cancelled projects in the last two years, according to Fujitsu’s Digital Transformation PACT Report.

“Infrastructure and Operations (I&O) leaders tasked with IT operations transformation must prepare for the challenges of contextualizing data acquired by IT Infrastructure monitoring tools from highly modular IT architectures by utilizing AIOps to deal with the volume, variety and velocity of data.”

The Bank Recovery and Resolution Directive (BRRD) has been in effect for some time but this will now be accompanied by reporting obligations to both EBA and PRA.

EBA ‘Z’ templates – applicable to all current BRRD firms – and PRA MRL templates – applicable by notification from the Regulator – are both effective as at 2018 year-end and are supported in Lombard Risk’s Regulatory Reporting platform. The return templates will, of course, be supplied with all Regulator mandated validations and concomitant EBA and PRA XBRL production.

A consortium of international Fintech companies together with Fife Council, Fife College and Fintech Scotland, have joined forces to launch Scotland’s first ‘Fintech Skills Academy’.

The consortium, which includes Renovite Technologies and Ingenico Group, officially launched the Fintech Skills Academy at the premises of Paywizard in Kirkcaldy on September 13^th. 

The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are not only disrupting but also building it from the scratch which is bringing Financial inclusions and attracting other investments across the continent.