Sage (LON: SGE), the market leader in cloud business management solutions, today released its fourth annual Practice of Now research report. The survey of 3,298 accountants in practice from across the globe, reveals that accountants are rapidly evolving their roles to become ‘change makers’, as digitalisation and growing client demands drive disruption and innovation across the industry. 

Fujitsu today announces that it is collaborating with BBVA, Spain’s second largest bank, on a proof of concept (PoC) of its quantum-inspired optimisation solution Digital Annealer. The bank wants to determine whether the Digital Annealer could outperform traditional computing techniques in optimising asset portfolios, helping minimise risk while maximising returns, based on a decade’s worth of historical data.
 

The Emerging Payments Association (EPA), which celebrates collaboration and innovation across the emerging payments industry, has today launched a review paper, ‘Avoiding a payments lockdown’, to present to the Financial Conduct Authority (FCA) and the Treasury following the shutdown of Wirecard Card Solutions Limited.

Investor perceptions towards investment advice have changed as a result of COVID-19 induced volatility, according to key findings from DIAMAN Partners Ltd. (DIAMAN), the leading investment management fintech, published today.

As the UK cautiously returns to aspects of normal life, people’s views on investment advice have altered and are unlikely to return to pre-lockdown attitudes.

Salt Edge, a leader in developing open banking solutions, helped Jordan Ahli Bank Cyprus become amongst the first group of banks in Cyprus to comply with PSD2 requirements.

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider, today announced certification for PCI-DSS (Payment Card Industry Data Security Standard) version 3.2.1, level 1 (the highest level). This provides additional reassurance to serve card and digital payments customers and process personal identifiable information across the world.

Open Banking pioneer Nuapay, a Sentenial company, today announces it has extended its Open Banking capabilities to French banks. Nuapay is now connected with 55 banks operating in France, enabling efficient and secure payments from 190 million French bank accounts. Nuapay’s French merchants will now be able to accept instant payments via Open Banking from customers, delivering merchants and consumers the benefit of a fast and secure payment method. 

Sterling Bank Plc, Nigeria's leading commercial bank, in collaboration with Clickatell (www.Clickatell.com), a global leader in mobile communications and chat commerce, today announced a unique and very personalised banking experience for existing customers and prospective account holders through the popular messaging app - WhatsApp.

Finantix, the global provider of digital enabling software for the banking, wealth management and insurance sectors, is delighted to announce the appointment of Ian Savage as Chief Financial Officer.

TransferWise today announces secondary sales amounting to a total of $319 million at a new valuation of $5 billion. This amounts to an uplift of 43% since May 2019. The round allowed shareholders and employees to sell some of their holdings to other new and existing investors. 

TransferWise continues to be profitable, cash generating, with a strong balance sheet, and is not raising any primary capital.