i2c Inc., a leading provider of payment and open banking technology, today announced it is expanding its presence in the Middle East and Africa (MEA) due to high demand in the region for its solutions.

Clinc today announced a partnership with Visa to bring Clinc’s conversational AI banking experience to financial institutions and banking customers around the globe.

PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has today announced its direct participation in Pay.UK’s Faster Payments Scheme, the service that enables UK domestic mobile, internet, telephone and standing order payments to move quickly and securely.

ULTUMUS, the specialist ETF and benchmark managed data service company has announced today that they have opened a US office in support of its rapidly growing business in the US and Canada. The office is  headed up by  Fe Zamora, formerly of IHS Markit,  who will be responsible for building out the team and managing US operations.

“We Just Witnessed The Fastest Stock Market Correction on Record” was Friday’s attention grabbing headline, after the S&P 500 dropped more than 10% in just six days. Comparisons to 1987’s Black Monday, the Great Depression and the Great Financial Crisis were (and continue to be) everywhere. It is tempting to dismiss stock market gyrations as isolated incidents that excite the financial community while the rest of the world moves on. However, in this case the Coronavirus truly is a “black swan” event befalling the real economy.

Backbase, the digital banking software leader, today launches its next generation Onboarding & Origination solution across Retail-, SME/Business- and Corporate Banking and Wealth Management. The modern, turn-key solution allows financial institutions to optimize their customers buying experience, fully digitize onboarding and product origination operations and maximize their business agility.

I recently read a BBC article, the headline of which shocked me: “Blockchain: The revolution that hasn't quite happened.” Yet, just a few days later, I read that the Bank of England has teamed up with other major central banks to assess the case for launching their own digital currencies as the debate rages on over the future of money. As always, the truth lies somewhere in the middle.

A remarkable 450 blockchain companies call London home. Inflow of talent from the EU (prior to Brexit), low barriers to company incorporation and active involvement of the FCA combined with the broader fintech ecosystem around London is considered to be the key reasons behind this. 

Banking Competition Remedies Limited (BCR) is today announcing details of enhanced dowries for the lower four bands of the Incentivised Switching Scheme (ISS), and an increase in dowries for loans. This comes having reviewed performance of the Scheme as a whole and discussed this with RBS and ISS participants to which the majority of customers have switched since the Scheme started.

PayPal has confirmed integration with ECOMMPAY to pilot the PayPal Commerce Platform.