After struggling to gain traction, fintechs are now capturing a growing market share across financial services areas including ATMs, credit cards, securitisation and mobile banking. While we’re seeing these fintechs go from success to success, we believe they are still only operating around ‘Fintech 1.0’ - the fringes of the banking sector. In order to engineer more fundamental change to the industry, these fintechs must be invited inside and given access to core infrastructure and processes - in partnership with the banks themselves.

Emerald Advisers, Inc. Rapidly Implements INDATA’S iPM Cloud Technology Platform for Elessar Investment Management following acquisition

INDATA, a leading industry provider of software and services for buy-side firms, today announced that Emerald Advisers, Inc., an INDATA client since 2013, has fully transitioned Elessar Investment Management onto INDATA’s iPM Cloud platform.

UK startup Atom Bank is to be the first client for a re-engineered mortgage origination platform designed to meet the needs of digital challenger banks by Iress

The acquisition, for approximately €1.1 billion (US$ 1.2 billion), will create a leading payment and e-wallet provider with significant international scale and reach, and a product portfolio that includes Skrill, paysafecard, Payolution, NETELLER®, Net+® NETBANX® and FANS Entertainment.

 Calypso Technology, Inc., the standard for treasury and capital markets software, has appointed Pedro Porfirio as Senior Vice President, Chief Product Officer. In this role, Porfirio will be responsible for overall product strategy, driving product development and innovation across Calypso's solutions.

Confluence, a global leader in investment data management automation for regulatory, financial and investor reporting, continues its expansion in Europe with a new addition to its London office: Katie Kiss takes the position of Director of Performance Analytics.

Online money transfer service WorldRemit today launches instant Mobile Money transfers to Burundi, the first remittance service to do so. Customers in 50 countries can now send money direct to EcoCash mobile wallets – just like an instant message.

WorldRemit’s mobile-to-mobile remittance service already enables people to send funds direct to Mobile Money wallets in countries across Africa, Asia and Oceania. Now the 350,000 Burundians who live abroad can make instant, low-cost money transfers direct to the mobiles of their friends and family in Burundi.

Earthport (AIM: EPO), the leading payment network for cross border transactions, announces an agreement to enable cross-border services for Japan Post Bank, Japan’s largest retail bank in terms of deposits. The first of its kind, this partnership will enable the bank to provide improved customer experience and reach for cross border consumer remittances.