EMV® contactless payment terminal requirements have been updated by global technical body EMVCo to help enable a more reliable and consistent payment experience through the addition of IQ demodulation requirements. The development reflects consumer use of an increasing range of card technologies, self-powered payment devices such as smartphones, and wearables to perform transactions.

ZebPay, India’s oldest and most widely-used Bitcoin and crypto asset exchange, today announced the appointment of Avinash Shekhar as its Co-Chief Executive Officer. The Co-CEO title will be shared with Rahul Pagidipati. While Avinash will be responsible for day-to-day operations and growth in India, Rahul will be responsible for international growth and investments.

Today, AquaQ Analytics and Alveo announce a partnership in advanced data management and analytics for the financial services industry. One specific deliverable of the relationship has been the integration between Alveo’s Prime data mastering and data quality management solution and AquaQ’s kdb+ data capture solution, TorQ. Building on AquaQ’s experience with TorQ and kdb+, Alveo and AquaQ have created bi-directional integration which allows customers to easily take mastered pricing and reference data from Prime into kdb+.

GIC, Singapore’s sovereign wealth fund, has selected NeoXam, a leading provider of data management and transaction software solutions, for its Master Data Management (MDM) and Investment Exposure Engine implementation project across all public and private asset classes.

Chargebacks911, the dispute technology platform provider, and its financial institutions-focused sister brand, Fi911, has announced the launch of its second annual Chargeback Field Report.

Driven by shifting consumer behavior towards ecommerce and digital transactions resulting from the COVID-19 pandemic, the report unveils an eruption in friendly fraud and a worrying trend of merchants across every sector struggling to cope with chargebacks spikes.

AppGallery, one of the top three app marketplaces globally, has announced the launch of near-field communication (NFC) payments in Europe following a fruitful partnership with Stocard, the leading European mobile wallet.

Following the success of its partnership with AppGallery, Stocard worked with Huawei to integrate Huawei Mobile Services (HMS) Core capabilities to its app, enabling NFC payments across Huawei smartphones. Huawei mobile users in Germany, Italy, France, the Netherlands and UK can now make seamless smartphone payments without needing to carry physical cards.

 SurePay, the leading Confirmation of Payee (CoP) provider, continues on its growth trajectory following the introduction of new solutions for banks, such as the Switch Check and SurePay PayID.

There are now over 25 banks and more than 150 organizations using SurePay’s Confirmation of Payee solution. In 2020, its CoP solution for organisations grew by 1719%.

UK-based green FinTech Tred has selected global B2B payments company - Nium - to be its card-issuance partner for its new sustainable product – the Tred green debit card. This will be the UK's first green debit card that lets users track, reduce and offset their carbon footprint as they spend, and plants trees with profits.

Financial technology leader FIS^® (NYSE: FIS) and The Venture Center have announced the ten companies selected to participate in the 2021 FIS Fintech Accelerator program.

The 2021 Mayday Bank Holiday saw Great Britain’s windfarms set a new clean energy record as the blowy bank holiday weather helped onshore and offshore wind turbines make up almost half of the electricity grid across England, Scotland and Wales.