The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, has launched online money transfers in Malaysia via the 

nexo standards, the association dedicated to delivering fast, interoperable and borderless card payment acceptance, today announced that First Data (NYSE: FDC), a global leader in commerce-enabling technology, is one of a group of early adopters deciding to implement the latest nexo messaging protocols and specifications into its payment platform.

2018 has seen the once futuristic biometric smartcard go from talk to trial. From the U.S.A. to France, Lebanon to Japan, momentum is gathering, as the benefits of fingerprint sensors look set to revolutionize contactless payments worldwide. 

But in a sea of trial updates and product launches, it can be difficult to get to grips with what exactly a biometric smartcard is, how it works and, crucially, when we all might get one from our banks.

Spot the difference

SysGroup PLC (‘SysGroup’), the award-winning managed IT services and cloud hosting provider, has today announced another period of significant growth with revenue up 47.3 per cent to £5.8m for the six months ending 30th September 2018.

Recurring managed IT services represented 77.8 per cent of the Group’s total revenue during the period, underpinning the ongoing success of its growth strategy and investment in people.

What is the solution?

Nordea is today, together with the United Nations and 27 other banks from around the world, launching the Principles for Responsible Banking at a UN round table summit in Paris. The principles aim to align the financial sector with the UN Sustainable Development Goals and the Paris Climate Agreement. 

Tech Bureau Europe has unveiled an online shop for the exclusive series of crypto-design watches by Chronoswiss. The shop boasts a user-friendly design that tells the story of each of the five available crypto-design timepieces. The purchasing process is secure and straightforward.

As the finance industry’s focus on stamping out illegal or inappropriate trader behaviour has increased, so has their communications surveillance. In order to avoid the expense and potential reputational damage that come with incidents of market manipulation and fraud, compliance teams now have to scour through trader chats for any signs of nefarious behaviour. This will often go hand in hand with surveillance systems which flag any suspicious language to the compliance department for investigation.