Over 80 percent of all smartphones sold currently have some form of biometric sensor. The technology is generally accepted and appreciated by users throughout the world, who use their biometric data to unlock devices, make payments and gain access to apps. There is still growth potential in the mobile industry, in part by increasing the attach rate of biometric sensors for smartphones and in part through new product innovations. However, Fingerprints expects the growth in biometrics to primarily occur in new areas.

The IFTA FinTech Achievement Awards 2019 (the "Awards") organized by the Institute of Financial of Technologists of Asia (IFTA) successfully concluded today. The award ceremony this year was held online in response to the persistent influence of the COVID-19 pandemic.

In June 2019, JCB International Co. Ltd., the international operations subsidiary of JCB Co., Ltd., and Banco Santander, through its subsidiary Santander España Merchant Services, partnered to support the growth of face-to-face transactions made by JCB cardmembers across Spain. Earlier this year, in March 2020, JCB and Banco Santander pivoted this collaboration to additionally support online exchange between JCB cardmembers and Banco Santander’s e-commerce merchants.

Profile Software, an international financial solutions provider, announces the release of the new updated version of RiskAvert 3.0, in order to accommodate the increasing needs of the industry in the area of Capital Adequacy and Risk regulatory framework.

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EBANX and Visa announce the extension of a strategic partnership, sealed by the Participation Agreement in the Money Transfer Merchant Program of Visa. Signed with Visa do Brasil, it strengthens the relationship between the two companies and focuses on offering payment services to international websites that sell to Brazil using EBANX solutions, and also to Brazilian consumers who buy from these websites.

Computop, a leading global payment processor, and Raiffeisen Bank International (RBI), which specialises in cashless payments in Central and Eastern Europe, have announced that their cooperation is to be enhanced further to propagate the expansion of omnichannel payments. This will enable merchants connected to the Computop Paygate payment platform to gain access to local acquiring connections in thirteen CEE countries and in Austria.

Surecomp®, the leading provider of global trade finance solutions for banks and corporates, today announced that one of its customers, Nordea Bank Abp, is being recognized as the 2020 Surecomp Global Hackathon winner, for creating a new workflow to initiate bank guarantee requests together with additional financing options.

Mobey Forum, the global industry association empowering banks and financial institutions (FIs) to shape the future of digital financial services, announces the launch of the Payments Expert Group.

●      The fourth P20 Global Payments Conference will take place on September 29 and 30 and will address the critical issue of ‘How to deliver secure payments for all’. 

●      Welcome addresses will be delivered by US Secretary of the Treasury, Steven Mnuchin, UK Chancellor of the Exchequer, Rishi Sunak, and Canadian Minister of Small Business, Export Promotion and International Trade, Mary Ng.