The introduction of new payment types has created a greater need for a strong, flexible card infrastructure than ever before. That’s easy for issuers to lose sight of; mobile services are new, exciting and backed by demonstrable customer demand. Fundamentally, however, mobile services rely heavily on card payments. 

Rocket Software Inc. forecasts significant growth in numbers of developers using open source on a mainframe, the move towards modernisation presenting a game-changer for legacy systems, and the increase of Blockchain popularity in the supply chain – along with three additional predictions for 2019. 

Open Source 

Commerzbank is the first financial institution to set up an Enterprise Lab at Fraunhofer Institute for Material Flow and Logistics IML in Dortmund, in an extension of the partnership that has been in place since July 2017.
 

Mobey Forum, the global industry association empowering banks and other financial institutions to shape the future of digital financial services, has today published its latest report outlining the most important and influential developments across the virtual currencies industry.

Shield Financial Compliance (Shield FC), a cross-regulation compliance platform providing a 360 view on eComms and trades utilizing AI, NLP and visualization capabilities to make compliance more efficient and ROI driven, today announces its membership of 

Semafone®, the leading provider of data security and compliance solutions for over-the-phone payments, has called on contact centres to pay heed to changes to the Payment Card Industry Security Standards Council (PCI SSC) guidance for protecting telephone-based payment card data.

Latin America has established itself as a leading region in terms of innovation in the financial services sector that has seen more than 1,100 FinTech ventures and around a 50% annual growth rate in the main markets, according to research conducted by Startupbootcamp in Latin America.

New York-based ETF provider Global X releases the new Global X E-commerce ETF (EBIZ), which tracks the Solactive E-commerce Index (SOLEBIZ) that is based on a proprietary algorithm to select its index components.

E-commerce is experiencing a genuine boom. In 2017, 2.73 billion online shoppers accounted for sales of over USD 2.3 tn. While the user base is expected to grow to 3.1 billion people globally in 2021, the E-retail revenues are projected to rise to USD 4.88 tn in 2021. 

Mambu, the leading SaaS banking engine today announced it is powering Lendico Switzerland AG, helping the Swiss marketplace lender bring its digital alternative to traditional small and medium-sized enterprise (SME) financing to the Swiss market.

Lendico Switzerland AG, a company of PostFinance, provides new investment opportunities to private and institutional investors. Since its launch in 2016, the lender has quickly established itself as one of the market leaders in Swiss SME financing.