Visa announced today that consumers of a Visa-led bank partnership in Kenya will be able to send money to each other domestically without paying transaction fees using mVisa[1]. 

 The Investment Industry Regulatory Organization of Canada (IIROC) and 

The cost of recovering from of a security breach for UK organisations has been estimated in a new report launched today by NTT Security, the specialised security company of NTT Group.

US cross-border money transfer services provider, Ping Express, integrates AU10TIX ID authentication and biometric face-matching automation to speed-up and protect worldwide money transfer services. With AU10TIX ID document+biometrics screening in place, Ping Express customers can benefit from a simple, speedy onboarding experience while making fraud prevention and KYC more robust and efficient.

The global payment cards market has grown to 14 billion cards, with UnionPay consolidating its position as the largest scheme, according to new research from RBR

A billion new cards issued in just one year

The past 12 months has seen InsurTech reach a pivotal juncture. There has been exponential growth, with investment and an increasing number of new businesses and collaborative partnerships creating a thriving ecosystem of start-ups, insurers, investors and innovators that are poised to make real impact. 

Key findings from Startupbootcamp InsurTech’s 2017 trend report in association with PwC include:

With cryptocurrency around the world in 18-24 months.

Throughout their short, but promising history cryptocurrencies have proven to be an ideal medium to accept small payments such as tips and donations, gaining huge popularity among the nonprofits that have learned to benefit from BTC, LTC, DODGE, etc. at quite an early adoption stage of the crypto.

Token-as-a-Service (TaaS), the first-ever tokenized closed-end fund dedicated to blockchain assets, announced today a strategic investment advisory partnership with COSS, a merchant payment gateway platform, an exchange and a wallet allowing consumers to manage all their finances in one place.

National Settlement Depository (NSD), Russia’s central securities depository, has taken part in judging the results of the Innotribe Startup Challenge which took place as part of the International Financial Congress (IFC) in St. Petersburg (Russia).

Launched by SWIFT in 2011, the Innotribe Startup Challenge has become one of the leading global startup competitions, helping participants reach the professional community of financial markets.