In a bid to support the Singapore government in driving cashless payments, UNPAY, a global fintech company that enables cross-border financial services via its open platform, has ramped up efforts in promoting QR code payment among the retail merchants locally. For a start, UNPay will provide its merchants with popular Chinese QR code payments, and is looking to expand its reach to include the region's QR code payment providers by the second half of next year.

The Board of Directors of SIA, meeting today under the chairmanship of Giuliano Asperti, has appointed Nicola Cordone to the position of Chief Executive Officer of the Company, after having co-opted him as Director.

Cordone (52) has a degree cum laude in Electronic Engineering from Genoa University and a master’s degree in Business Administration from Bocconi University Business School.

TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced the general availability of TIBCO® Data Science on Amazon Web Services (AWS) Marketplace, the only cloud marketplace to feature this solution.

Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package, today announces the appointment of two non-executive directors to its board. 

Nigel Vooght and John Howard will join the BCR leadership team working alongside the main board consisting of Godfrey Cromwell (Executive Chair), Brendan Peilow (Executive Director) and Aidene Walsh (Executive Director).

B-Hive’s Trusted Fintech Program kicks off today with an introduction day in Brussels. Ten start-ups have decided to join the program in order to understand the ins and outs of cyber security while aiming to receive the valuable Trusted Fintech Label. The completion of the program will not only result in earning the label, but it will also showcase their commitment to better the company’s cybersecurity procedures.

Despite sensitive data being increasingly moved to the cloud, research carried out by business continuity and disaster recovery provider, Databarracks, reveals over 60 per cent of organisations have not evaluated the continuity risks for their cloud services over the past year.

The introduction of new payment types has created a greater need for a strong, flexible card infrastructure than ever before. That’s easy for issuers to lose sight of; mobile services are new, exciting and backed by demonstrable customer demand. Fundamentally, however, mobile services rely heavily on card payments. 

Rocket Software Inc. forecasts significant growth in numbers of developers using open source on a mainframe, the move towards modernisation presenting a game-changer for legacy systems, and the increase of Blockchain popularity in the supply chain – along with three additional predictions for 2019. 

Open Source 

Commerzbank is the first financial institution to set up an Enterprise Lab at Fraunhofer Institute for Material Flow and Logistics IML in Dortmund, in an extension of the partnership that has been in place since July 2017.