SWIFT today releases a new paper on the evolution of the European payments landscape. While change is underway in wholesale and retail payments across the world, in Europe, the Eurosystem has set a clear path for financial market infrastructure renewal. This, along with regulations such as the Second Payment Services Directive (PSD2), is driving a period of radical payments transformation across Europe.

Form3, the cloud technology provider of Payments-as-a-Service for banks and regulated fintechs, today announced that fintech focused LHV Bank has selected Form3 to provide a fully managed service connecting the bank directly to the UK Faster Payments infrastructure. LHV will join the scheme as a Directly Connected Participant (Member) in 2019.

A recent survey of more than 360 enterprises revealed that 86% are dealing with the complexity of multiple types of data and/or data-related processes subject to privacy and security compliance requirements. Just 61% say that their organisations are compliant.^[1]

Profile Software, an international financial solutions provider, announced today that it has been shortlisted at the WealthBriefing GCC Region Awards 2018 under the categories “Front Office Solution”, “Portfolio Management”, “Onboarding” and “Innovative Fintech Solution”. These distinctions highlight Profile’s commitment to delivering truly innovative and client-centric Wealth Management platforms that help firms accelerate their operations, comply with regulations and deliver outstanding personalised customer experience.

Ingenico, the global leader in seamless payment, has today announced a partnership with European payments company, Trustly, that will enable customers in Europe to make secure online transactions directly from their bank account.

Tieto is reinforcing its commitment to advancing ethical and responsible artificial intelligence (AI). Today, Tieto announced that it is introducing AI ethics guidelines and certification for its employees, as well as opening new positions for AI ethics and transparency engineers and AI trainers. These steps are part of a sustained drive to promote ethical AI product and service development across the company.

Last week, banking, retail and gaming professionals attended the UK’s largest payments event, PayExpo 2018, at its new central venue close to London’s start-up community.

It’s quite hard to believe that we’re already entering Q4. For the biometrics industry, it’s been a unique and exciting year – one marked largely by its increasing convergence with the world of payments.

For payments and biometric lovers alike, it can be hard to keep pace with the rate of innovation. From cards to crypto, market trials to product launches, here’s our round-up of 2018 so far.  

Biometric payment cards: gathering momentum

iSignthis Ltd (“the Company”) is pleased to announce that its wholly owned subsidiary, Probanx Information Systems Ltd (“Probanx”) has completed integration with Wanfuteng Bank (www.wanfutengbank.com).

Wanfuteng Bank, headquartered in Hong Kong and operating in Vanuatu, is now integrated with the Probanx CorePlus platform. 

The CorePlus integration including the following features;

• eBanking with Strong Customer Authentication,

• Mobile Banking,

• Loans and Mortgages,

• Standing Orders, • Deposits,