Technology firm accepted onto government cloud services framework

 VST Enterprises, which developed the technology allowing genuine users to authenticate themselves across online transactions and interactions, has been accepted onto the latest version of the government’s cloud services framework, G-Cloud 10.

 DXC Technology (NYSE: DXC) today announced that it has signed an agreement with Zurich Insurance Company Ltd (Zurich), a leading global, multi-line insurance provider, by which the parties wish to extend until December 2022 the Master Services Agreement that will support Zurich’s end-user transformation initiatives. The agreement focuses on creating a more secure, modern digital workplace experience for Zurich employees worldwide.

Paysend, the business targeting a global payments revolution, has closed a $20 million funding round, led by investment firm MARCorp Financial.

The funding, which also came from other existing investors, will be used to launch new services for Paysend’s rapidly expanding customer base and to invest in its global expansion plans.

Ronald Millar, CEO of Paysend, said: “We are delighted to welcome MARCorp onboard and to increase our international investor base alongside the global technology platform we have built. 

International trading and investment platform SaxoBank enhances customer onboarding and fraud prevention with AU10TIX 2nd generation ID authentication and onboarding platform BOS. AU10TIX BOS is the first and currently only fully operational Cloud service, offering 100% end-to-end automation (No manual review, no customer data entry required), forensic-level ID authentication, multi-modal Selfie-to-ID face matching, Proof-Of-Address handling and data verification and screening.

CashFlows today announced it will help to break down barriers to payment innovation by offering BIN sponsorship services through the ground-breaking Open Payments Cloud (OPC).

New and smaller programmes have always posed a fundamental challenge within the industry whereby low card volumes present commercial challenges and creates a barrier to entry.

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announced that Oesterreichische Nationalbank (OeNB), Austria’s central bank, has successfully completed the implementation of SimCorp Dimension, which is now live across the full spectrum of front, middle and back office.

Cloud banking provider Ohpen has strengthened its position as the market leader in the Netherlands, signing LeasePlan Bank as its latest customer. 

Research compiled by London Fintech Week 2018 has revealed that if present trends continue, the year 2020 could see an ICO ecosystem of $30bn-$40bn value of tokens issued with around 2,000 token projects. To put this into context, traditional fintech investment in 2017 globally totalled circa $30billion.

This is against a backdrop of an ever-growing number of ICOs being launched in 2018, following a surge in popularity in the new form of fundraising. ICOs have seen over 50% growth in value between January-May 2018 at $9.6billion compared to the whole of last year at $6.1billion.

USAA’s recent agreements with financial management company Intuit and data aggregator Finicity are pa