Financial IT speaks to Todd Clyde, Chief Operating Officer, Token.

Token Chief Operating Officer (COO) Todd Clyde is responsible for many different aspects of the company, including sales, client services, support, and finance.

PayU, the payments and fintech business of Naspers, today announces the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A to north of $700 million over the last three years. The move demonstrates PayU’s commitment to becoming the leading payments solution provider in high-growth markets and one of the largest fintech investors in the world.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global POS Terminal Market. The report analyzes the Global POS Terminal Market By Product Type (Fixed and Wireless/Mobile), By Component Type (Hardware and Software) and By Applications (Retail, Healthcare, Restaurant, Hospitality and Others).

Switzerland-based payments technology firm BPC has opened an office in Pakistan to serve the growing financial services market in the Middle East. The office location is Karachi, the country’s largest metropole and financial centre. The BPC team, with global and local staff, covers the need for innovative payments solutions while taking advantage of the rich and growing pool of finance and technology talent available in the country.

The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives, has today announced the results from its first consultation of 2019, and the opening of its second consultation aimed to shape the DSB service provision for 2020.

Global eTrade Services (GeTS), a global trade platform company, will launch blockchain-based electronic Certificates of Origin (eCOs) in partnership with Singapore Chinese Chamber of Commerce & Industry (SCCCI).  The service will be made available on GeTS' neutral and trusted Open Trade Blockchain (OTB) platform from 5^th July 2019.

Danske Bank A/S, DNB Bank ASA, Nordea Bank Abp, Skandinaviska Enskilda Banken AB (publ), Svenska Handelsbanken AB (publ) and Swedbank AB (publ) are moving forward and have established a joint venture company to develop a platform for handling KYC (Know Your Customer) data. The European Commission has given its approval in accordance with the EU merger control rules.

The FCA considers these products are ill-suited to retail consumers who cannot reliably assess the value and risks of derivatives or ETNs that reference certain cryptoassets (crypto-derivatives). This is due to:

InstaReM, Southeast Asia’s leading digital cross-border money transfer and payments company, has announced the launch of its API-based digital platform that will enable start-ups, fintech companies and enterprises to launch their own branded cards.

From fighting hackers with the latest cybersecurity techniques to programming robots, from learning a construction trade to gaining advanced manufacturing skills – the West Midlands Combined Authority (WMCA) is running a number of roadshows this month to inspire people to train for an exciting new career.

The roadshows are for unemployed people and those wanting to get a better job and aim to explain what training courses are on offer in the West Midlands as the WMCA takes control of the region’s £126m adult education budget (AEB).