Few would argue that we are currently in the midst of a highly challenging period for Financial Services (FS) firms. The Covid-19 pandemic continues to disrupt almost everything, from the health and safety of employees, to the need to meet rapidly changing customer requirements.

The fall-out from Brexit means that FS is still to settle down and there are many more ‘mundane’ pressures such as cybersecurity, data regulation, the threat from challenger banks, and the need for automation to cite just a few.

New data from Barclaycard reveals that contactless technology has emerged as one of the big winners of 2020, accounting for 88.6 per cent of all eligible card transactions*.

As the safest, fastest and most responsible way to pay in-store, tap-and-go has become the obvious choice for both consumers and businesses, to help prevent the spread of coronavirus.

Sercle is the new name for Omnio’s interests in the Credit Union sector including Kesho and it delivers market leading digital infrastructure for Credit Unions worldwide.

Toby Carlin, Senior Director of Fraud Consulting at EMEA, FICO examines a wave of Brexit scams and offers advice on how to spot, prevent, and report them. 

Colt Technology Services has announced the appointment of Tessa Raum as Executive Vice President (EVP) for HR. This role sees Tessa join the Executive Leadership Team, reporting directly to Keri Gilder, Colt’s Chief Executive Officer (CEO).

Over the last six years, DailyPay has revolutionized the way Americans are paid.

It has been three years since the introduction of Open Banking legislation, which consists of a series of reforms designed to bring more competition and innovation to the financial services landscape, with the broader ambition of creating new products and services for consumers.

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, announced its partnership with The Sentry, an investigative and policy team that seeks to prevent African war criminals and their business networks from abusing the international financial system.

iBanFirst, a global financial services provider delivering solutions across banking borders, launched its ‘Payment Tracker’ – a real-time payment-tracking service that sets new transparency standards for the payments industry. Rolled out to both payers and payees, this unique feature provides live updates on the status of international payments at any stage of the fund transfer process. The ‘Payment Tracker’ also highlights potential roadblocks or delays along the payment’s journey.