TransferMate, one of the world’s leading cross-border B2B payments providers, has secured its first regulatory approval in Asia with a new payments licence in Singapore. This marks a major milestone on the company’s global growth journey, providing its global client base with new inroads into the region’s high-growth markets.

Appian (NASDAQ: APPN) today announced that Groupama Asset Management (GAM), a subsidiary of the Groupama Group, is deploying an application to manage the entire life cycle of its product offerings on Appian’s low-code platform.

Open banking was launched to spur innovation in the financial services industry and create a better deal for consumers. But new research published today by open banking platform Tink reveals that European financial institutions still have significant concerns about its impact. Two fifths (39%) see open banking regulation as the biggest current threat to their business model and 56% fear that consumer loyalty towards banks will be significantly reduced as a result of open banking.   

TokenMarket, the blockchain-based global investment platform, today announces its partnership with Loopring, the protocol for decentralised token exchanges. The collaboration will accelerate security and transparency in the US$222 billion digital asset trading market.

Global Payments (NYSE:GPN), a leading worldwide provider of payment technology and software solutions, and TSYS (NYSE:TSS), a leading global payments provider offering innovative solutions across the issuing, merchant and consumer segments, announced today that they have entered into a definitive agreement to combine in an all-stock merger of equals.

Consumers are managing their financial services in more digital and diverse ways than ever before. But as card-not-present (CNP) transactions across e-commerce, m-commerce and remote commerce rise across the globe so does fraud.

MYPINPAD, the global leader in secure personal authentication solutions, is strengthening its presence in the Asia-Pacific secure payment space by providing its regional partner Clik, a fast-growing South East Asian payments aggregator, with its innovative Authenticator solution. 

It has been around one and a half years since the real open banking journey started, with the UK taking the lead. Open banking is boldness and flexibility. For ages, the financial data of customers were close to the chest for banks and customers did not have much choice. Times have changed drastically recently. Customers are starting to get more freedom of managing their financial contacts by getting rid of tight coupling with their financial institutions.

Leading technology firm Altron Bytes Managed Solutions (Altron Bytes MS) and payments specialist Renovite Technologies have announced a new strategic partnership which will revolutionise the ATM channel. The agreement will see the two businesses help financial institutions bring innovative new services to market, echoing the level of modernisation seen elsewhere across global financial services.