X5 Retail Group (“X5” or the “Company”), a leading Russian food retailer (LSE and MOEX ticker: “FIVE”), Sber and Visa have launched an innovative pay-with-a glance service at self-checkouts in X5 stores. Now available at 52 Perekrestok supermarkets, the service uses biometric identification based on X5's innovation lab technology and VisionLabs solutions.

 Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced it has closed a minority investment from Long Ridge Equity Partners. Drawbridge will use the funds to accelerate product innovation, expand sales and marketing activities across North America and EMEA, and continue investing in its people, platform, and client services. The investment follows a period of dramatic growth for Drawbridge.

Following my previous blog on the critical success factors of running a remediation programme, many have commented that remediation has now become a permanent feature for Financial Institutions.

LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced that Stephanie Minister has joined the firm as Managing Director of Connectivity Services. In this role, she will lead a newly created arm of the LiquidityBook corporate structure.

Pannovate, an established and award winning digital solution provider for the financial services sector, announced the successful partnership launch with, KKO. A key strategic step for both companies. KKO has selected Pannovate’s fully customisable front end application, Launchpad, to develop a new challenger bank offering in Mexico. KKO is an innovative new programme owner looking to provide an fresh new digital bank for young professionals wanting a banking product the more matches their lifestyles and priorities.

More than 80% of UK businesses say the future of their company is threatened by late payments, a result of outdated accounts receivable (AR) processes, according to a new report from global payment technology expert BlueSnap.

Launching today, MultiPay Global Solutions is shaking up the payments industry. Its all-in-one agnostics payment solution combines a unique API that acts as a single point of integration between any payment method, any acquirer in any country. MultiPay’s gateway works across all payment channels in any sector including retail, hospitality, travel, and transportation.