Tieto is reinforcing its commitment to advancing ethical and responsible artificial intelligence (AI). Today, Tieto announced that it is introducing AI ethics guidelines and certification for its employees, as well as opening new positions for AI ethics and transparency engineers and AI trainers. These steps are part of a sustained drive to promote ethical AI product and service development across the company.

Last week, banking, retail and gaming professionals attended the UK’s largest payments event, PayExpo 2018, at its new central venue close to London’s start-up community.

It’s quite hard to believe that we’re already entering Q4. For the biometrics industry, it’s been a unique and exciting year – one marked largely by its increasing convergence with the world of payments.

For payments and biometric lovers alike, it can be hard to keep pace with the rate of innovation. From cards to crypto, market trials to product launches, here’s our round-up of 2018 so far.  

Biometric payment cards: gathering momentum

iSignthis Ltd (“the Company”) is pleased to announce that its wholly owned subsidiary, Probanx Information Systems Ltd (“Probanx”) has completed integration with Wanfuteng Bank (www.wanfutengbank.com).

Wanfuteng Bank, headquartered in Hong Kong and operating in Vanuatu, is now integrated with the Probanx CorePlus platform. 

The CorePlus integration including the following features;

• eBanking with Strong Customer Authentication,

• Mobile Banking,

• Loans and Mortgages,

• Standing Orders, • Deposits,

Paysafe Group (Paysafe), a leading global payments provider, has been enjoying a formidable run on the awards front as its female leaders around the world earn high profile recognition for their inspiring leadership and focus on diversity and inclusion (D&I) in the workplace.   The company also picked up a coveted ‘Pink Chip Employer’ award in Europe this week in recognition of the positive working environment it has created for its female employees.

The Headquarters of the Anglo-Gulf Trade Bank in Abu Dhabi, United Arab Emirates, was officially opened by His Royal Highness The Duke of York, KG on October 16, 2018. Anglo-Gulf Trade Bank will facilitate trade between the Middle East, United Kingdom and Asia. 

A recent report of leading research house Aite on the digitization of the wealth management sector, Wealth Portfolio Suites Turn to Digital Advisory: Early Risers, has highlighted Avaloq in the fast-growing digital advisory market for its educational value in client communication. The impact note from Aite looks at the new generation of wealth management solutions and the impact that demand for digital advisory is having on the core infrastructure systems.

At Sibos 2014 in Boston blockchain was the talk of the show and the movement towards adoption of new technologies was up and running. As Sibos 2018 opens in Sydney, APIs and open banking based on their adoption will be high on the agenda, indicating that the movement is gathering momentum.

Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched today from Capgemini and BNP Paribas.