Temenos (SIX: TEMN), the banking software company, today announced that it had been selected by Virgin Money Australia, a division of Bank of Queensland (BOQ), as its digital banking technology partner to propel its growth strategy. 

To enhance the electronic payment sector throughout Saudi Arabia and reduce the dependence on cash, HPS has been appointed by Saudi Payments, a fully owned subsidiary of Saudi Arabia Monetary Authority (SAMA), to provide a unified QR code platform to enable banks, wallet providers and FINTECHs to interact seamlessly within an interoperable platform. This initiative is based on the joint partnership between the two parties, and it aims to support the continuous development of the electronic payments environment in the Kingdom.

As merchants prepare for new regulatory requirements to employ Strong Customer Authentication (SCA) by December 31, 2020  in the European Economic Area and by March 14, 2021 in UK, FIS™ (NYSE: FIS), a global leader in financial services technology, launches its new 3D Secure (3DS) authentication service, 3DS Flex.

The Philippines is about to welcome its first digital-only bank. TONIK Digital Bank Inc, founded in 2018, received its banking license from Bangko Sentral ng Pilipinas (Philippines’ Central Bank) in January 2020. Preparing for its launch, TONIK has selected BPC as its exclusive payment partner, leveraging BPC’s payments processing centre and its SmartVista solution.

SIX Group has selected award-winning RegTech provider Know Your Customer to strengthen its procurement process and better assess the risk associated with its international suppliers.

Today, new research from global payments provider Klarna reveals that although consumers in the UK are less likely than their global counterparts to openly discuss money, there are signs that younger Brits are becoming increasingly more willing to discuss financial matters with friends and family.

Revolut today announced the appointment to its board of former Co-Chief Executive of Goldman Sachs International, Michael Sherwood as a Non-Executive Director and of Ian Wilson, an experienced retail banker and former CRO, as Non-Executive Director. 

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes to solve the world’s most complex data-driven challenges.

Finastra customers can now consume Active.Ai’s conversational AI retail banking app via the FusionStore. Banks and credit unions will be able to quickly deploy AI avatars to engage their customers and members 24x7 in the banking channel of their choice.

The German developer of specialised software b-next has concluded the past fiscal year with an important business deal. A major Moscow-based bank has decided to monitor their future trading activities using an installed surveillance platform developed by b-next. For the software provider, this achievement marks an important step in entering the Russian market.