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Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced its first Bolivian customer, Banco Fassil, has migrated its entire ATM network to TranzAxis. 

Banco Fassil wanted to implement cash recycling ATMs and self-service kiosks, but its ambitions were limited by the system it was using. The bank chose TranzAxis to enable them to modernise their systems and provide a greater array of services to its cardholders.

Veronica Andrino, Cryptobabe from the Philippines - interview Consensus Singapore 2018

SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, today announced the completion of SIA’s acquisition of First Data’s card processing businesses in parts of Central and Southeastern Europe for €387 million.

DataArt, the global technology consultancy that designs, develops, and supports unique software solutions, today announced its partnership with BANKEX, a leading fintech company, to deliver and launch BANKEX Custody Service – a blockchain-powered crypto storage service that offers complete protection against natural damage, virtual attacks, and human error. After a month-long, invitation-only period, BANKEX Custody is now available to all users.

We have unprecedented access to a range of different things in the modern world. Crossing the ocean to a new continent now takes hours instead of months. We get to do more, work harder, and play harder. The only thing that the modern world has not given us is more time. Which might be one of the reasons that online shopping is booming. It’s a great time to take part in ecommerce. The traditional business molds are being broken on a consistent basis. Take subscription boxes, for example. It’s a business model that shouldn’t really work.

On October 10, Minsk will host Blockchain & Bitcoin Conference Belarus dedicated to cryptocurrencies, blockchain, and ICOs. It is the second time that an international organizer Smile-Expo holds the event in the capital of Belarus. The previous event was attended by more than 400 guests and involved experts from five countries.       

Boards are not only looking at Chief Information Officer’s (CIOs) to address operational efficiencies and IT performance, but are also focused on how they can become more customer centric, according to a survey of 1,200 UK CIOs.

We commend the FCA for its actions today related to the 2016 Tesco Bank cyber-attack. While the vulnerability exploited in this breach is still a common occurrence, it is clear financial penalties for non-compliance and deficiencies will be increasing in the future. The fraud netted cyber attackers £2.26 million in this instance.