The Fixed Income Leaders Summit continues to make headlines as the no.1 meeting place for buy side heads of fixed income trading.

This June, the summit coming to Philadelphia, bringing together over 400 senior trading and portfolio management buy side head leaders from both the east and west coast to create the largest gathering of fixed income professionals in North America.

Varo Money LLC (Varo), a leading challenger banking company, and Feedzai, the leader in fighting financial crime with artificial intelligence, today announced a new partnership. Varo’s continued growth will be bolstered by Feedzai’s fraud-prevention platform, which provides purpose-built machine learning for risk prevention with a focus on customer experience and flexibility to scale along with the rapidly growing bank.

Biometric fingerprint technology is no longer a novelty. In fact, today’s banks and card issuers are looking to integrate fingerprint biometric technology into every day payment cards to provide customers with convenient and secure payments. According to research carried out by IDEX Biometrics, 66% of consumers anticipate biometric fingerprint payment cards will be introduced this year. To bring biometric fingerprint technology to the mass market, and meet consumer expectations, the banking industry must remain at the forefront of innovation and embrace this new technology. 

OpenPayd announced today that they are on a mission to ‘Unlock Banking’. The London-based tech firm will simplify payments and banking for businesses through its modular technology and global license network. The OpenPayd group which comprises the Settle Go and Ozan technologies specialises in serving both B2B and B2B2C organisations.

ClearBank has today repored that it has been selected by Archax, a forthcoming institutional digital securities exchange based in London, for its pioneering ‘Banking as a Service’ offering.

Temenos (SIX: TEMN), the banking software company, today launched Temenos Data Lake and is first to market with a robust, productized data lake that integrates big data analytics into its banking software. Temenos Data Lake delivers out-of-the box data integration, preparation and optimization to power AI-driven banking applications.

Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient, is now available for Monese customers, the globally-connected banking service for mobile people.

Onchain Custodian (ONC), the digital asset custodian backed by Sequoia, Fosun and DHVC, launches its SAFE™ Platform and value-added services.

It is over a year since MiFID II came into effect, yet confusion still reigns in the financial services industry. Many participants are struggling to achieve full compliance with the EU-wide regulation that aims to create transparency and improve protection for investors. In a recent speech, Andrew Bailey, Chief Executive of the FCA acknowledged that there are still challenges around the scope of the regulation and in particular, the pricing of research.

Asian institutional investors now have an opportunity to participate in the digital asset industry with the launch of the Fusang Vault, which offers custody and digital asset services.