Xpress Money – one of the world’s most dependable money transfer brands – is set to showcase Xpress Money ‘Flex’, ‘One’ and ‘Biz’, its customisable remittance solutions, at Money2020 – the world’s largest marketplace for ideas, connections and deals in Payments and Financial Services. Xpress Money’s business solutions are designed to give organisations customisable options based on their business needs.

SWIFT will reinforce its connectivity to Verdipapirsentralen ASA (VPS), Norway’s central securities depository (CSD), which could make a shift in transaction volume to SwiftNet from other networks.

Banks connected to VPS currently use different networks to connect to VPS, SwiftNet being one of them. The banks have the freedom to choose among the network connectivity offered by VPS. By signing the Swift CSD Community Agreement, VPS’s members benefit from SWIFT’s CSD Community Offering, which significantly reduces current level of SwiftNet costs for connectivity to VPS.

Concurrent (NASDAQ:CCUR), a global leader in storage, protection, transformation, and delivery of visual media assets, announced today that Zephyr Transcode, which Concurrent launched last year as an integral part of its content delivery network (CDN) solutions, is now deployed with customers in Asia, Europe and North America.

Panduit EMEA, the data centre physical infrastructure and connectivity company, has opened its new UK Customer Briefing and Demonstration Centre in London. The new facility, based in the heart of the City, provides 200m² of data centre, enterprise and industrial automation demonstration, conference and office space. This facility doubles the space available in the previous London site and expands the company’s customer experience capabilities in the EMEA market.

Verizon recently released its annual Payment Security Report. And for retailers, the report highlighted significant areas for improvement in encrypting data, securing transmitted data, and authentication.

This should serve as an industry-wide wake-up call, for the impacts of data breaches cannot be underestimated.

Daon, an innovator of authentication and identity assurance solutions worldwide, announced today that it has been selected by Visa, the global payments technology company, to provide biometric services for the Visa ID Intelligence platform. 

Financial reporting is putting a major strain on the office of the CFO. This function is keeping 97% of CFOs awake at night, primarily for two reasons – fear of not meeting deadlines in a timely manner and a lack of confidence that their internal controls for financial processes are working properly. Complexity of business structures and a lack of transparency around the creation of critical reports are further exacerbating the pressure. Additionally, the worry that they won’t be able to answer immediately when faced with questions on accounts by the Board is also profound.