The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on security measures for operational and security risks under the revised Payment Services Directive (PSD2). 

Today, PPRO Group announced that the company is one of the 60 companies and associations operating on EU or global level in the financial and payments industry that have signed a manifesto to lobby the EU in regards to making changes to the current draft of the RTS of the PSD2.

Gemalto (Euronext NL0000400653 GTO)'s embedded Secure Element (eSE) – a smart chip with a secure OS and applications – will soon be integrated into the recently launched Samsung Galaxy S8 in selected markets. It has been embedded in other Samsung smartphones including the Galaxy A series globally and the Galaxy C series in China.

Wealth management fintech firm JHC Systems (JHC) has partnered with leading pensions and retirement administration technology provider, Delta Financial Systems (Delta FS) to offer a fully integrated SIPP solution to its JHC Figaro (Figaro) clients.

CA Technologies (NASDAQ:CA) today announced CA Risk Analytics Network, the payment industry’s only card-issuer network that stops card-not-present fraud instantly for network members using real-time behavior analytics, machine learning and global transaction data to reduce online fraud losses by an average of 25 percent* – a potential of $2.2 billion in savings.**

Larry Summers, former director of the National Economic Council for President Barack Obama, writes a regular column in The Financial Times.  His latest piece is his take on FinTech, which has the main headline that FinTech is taking away frictions in finance.  Yep.  The frictions are illustrated by things like interchange fees, the length of time it takes to clear cross-border cheques, the charges per transaction for basic banking services, the high overheads of insurances and interest on

Today HID Global, a world’s leading provider of trusted identity solutions, unveiled a new application, HID Approve. The new solution transforms mobile device into authenticator that authorizes online access and transaction requests, including banking transactions or corporate VPN access. HID Approve upgrades the level of trust for consumers and employees to make safe transactions.

Eze Software Group, a global leading provider of investment technology, has bolstered its Eze Portfolio Accounting module with a Reconciliation Summary dashboard. 

Financial professionals using Thomson Reuters flagship desktop can now integrate their internal and partner applications through the launch of its Side by Side Integration API. Together with App Studio, Eikon’s third-party developer suite, users can extract even greater value from Eikon through a more seamless workflow on a single desktop.