Starting today, Chinese tourists in South Africa will have more opportunities to pay via smartphone as Alipay, the world's largest online and mobile payment platform, operated by Ant Financial Services Group ("Ant Financial", "Ant"), partners with Zapper, the fast-growing mobile payment, customer insights and digital marketing platform developed in South Africa.

Today’s findings from the Citizen’s Advice Bureau – that credit card companies are targeting customers struggling with debt, with one in five seeing their credit limit automatically increased – is wholly unacceptable. Debt, when unmanaged, can be a deeply stressful issue, weighing on people’s minds and impacting all aspects of their lives – from work, to family life and relationships.

Clearly there is more to be done by financial institutions to ensure their customers are equipped with the tools to successfully manage their money.

Emirates NBD’s Pepper has now learnt to speak Arabic! The artificial intelligence (AI) powered humanoid robot, brought to the UAE by Emirates NBD last year, has been widely popular due to his novel proposition and charming personality, and will now also cater to the bank’s Arabic-speaking customers. 

Mobile devices are the backbone of digital transformation, enabling new innovations such as smart cities and connected cars.

But they are also the backbone of disruption in the digital banking world. They can transform a bank from a distant place you go to occasionally, when you need something in particular, to a trusted partner who is always there, within reach, ready to help.

In the European banking industry, mobile devices are about to bring a major shift. And many actors in the financial sector are underestimating the drastic changes that are under way.

Torstone Technology, the leading provider of post-trade securities and derivatives processing, today announces that Peel Hunt, the leading independent corporate broking, advisory and trading house has selected Torstone’s Inferno^RC module in order to comply with the transaction reporting obligations of the Markets in Financial Instruments Directive (MiFID II) and its accompanying Regulation (MiFIR). 

The news follows Torstone Technology’s announcement in March this year that it began live testing the new Inferno^RCmodule with its clients. 

The Singulariteam Technology Group, together with CoinTree Capital, and BlockchainIL are launching Alignment, a blockchain Hub that will consult, develop and fund blockchain early-stage projects and existing companies, from inception through ICO, and beyond.

Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), today announced a partnership with Plynk, Europe’s first money messaging app, to accurately verify users who are loading money onto their Plynk accounts for instant person-to-person payments.

Object Matrix and Spectra Logic have announced an integrated and holistic storage solution across multiple storage tiers, whilst ensuring the security and integrity of the content within storage.

The joint solution combines Object Matrix’s Digital Content Governance Platform, MatrixStore with the Spectra® BlackPearl® Converged Storage System.

Geezeo, a leader in Fintech and data-driven solutions for financial institutions, has developed and introduced Responsive Tiles to help innovative banks, credit unions and technology partners build customized digital banking experiences. 

Alternative Payments, the leading provider of local payment methods that specializes in bringing the latest technologically-advanced payment platforms to merchants worldwide, has added mCoinz to its payments offering.