Payment innovator Alcinéo has chosen Trustonic Application Protection (TAP) to protect its mobile point of sale (mPOS) apps. This will enable banks around the world to offer Alcinéo’s mPOS solutions to their business clients, providing them with the ability to accept payments on mobile devices safe in the knowledge that their customers’ data and payment credentials are protected to the highest level.  

Plato Partnership is pleased to announce the appointment of Mike Bellaro as its new CEO following a comprehensive search process. Mike will commence his new duties with immediate effect.

iwoca, one of Europe’s largest alternative small business lenders,
today announces it reached profitability in the first half of 2018 amid a doubling of revenue
over three successive years.

iwoca launched in 2012 and has since lent £500m to 20,000 businesses. To meet soaring
demand from its small and micro business customer base, iwoca lent a company-record £2.2
million to 137 businesses in a single day at the end of June 2018, funding small businesses
with more than £1,500 per minute.

Solactive is pleased to announce that the Solactive USD China Corporate High Yield Bond Index will be used as an underlying for the latest KraneShares CCBS China Corporate High Yield Bond USD Index ETF (KCCB).

 A main driver for this ETF has been the increasing demand of high yield by USD investors. Due to the growing size of bond issuance in China, and the continuous growth opportunities provided by this market, the fund is an interesting vehicle to gain exposure to high yielding assets with a low correlation to US and global markets.

Transaction processing for corporate banking operations are on a completely different scale to the retail-banking world in terms of both value and volume.  The resultant revenues form one of the main profit drivers for banks and according to the 2017 Cap Gemini World Payments Report, it is estimated that there will be a staggering 108bn corporate non-cash transactions globally in 2018 with around 27bn of these in Europe.

The partnership combines the power of the Tradeshift business commerce platform with the stability and security of the Dai Credit System to establish a supply chain liquidity marketplace for businesses, developers and investors.

Businesses can leverage trade receivables, purchases and other transactions and digital assets on the Tradeshift platform to create real-time and short-term financing models backed by anything from institutional finance to peer lending.

Arya, an intelligent, open architecture digital services platform for both retail and commercial account holders, announced that over 20 financial institutions worldwide have selected its platform to deliver a feature-rich digital banking experience to their account holders. The highly flexible platform is uniquely positioned to serve banker’s banks and corporate credit unions as well. 

These are just some of the findings of the fifth-annual Data Security Confidence Index, which surveyed 1,050 IT decision makers and 10,500 consumers worldwide. The research found that business' ability to analyze the data they collect varies worldwide with India (55%) and Australia (47%) best at using the data they collect.