ING announced the spin-out of Katana, the advanced analytics platform that supports portfolio managers in making faster and sharper investment decisions. To enable further growth and to pave the way for an independent future for Katana, ING Ventures will invest a further £1.5m alongside other investors, as part of a £3 million funding round. Katana Labs ltd has incorporated in the UK and has its offices in London.

Sune Gabelgård, Head of Digital Fraud, Intelligence & Research at Nets, unpacks the likely evolution of payment card fraud and explains how financial institutions can best prepare themselves

Tribe Payments, a team of industry experts dedicated to delivering the future of payments, has announced the first implementation of its new Bankbox service. With technical integration completed in under one month, Telleroo has rapidly streamlined its bulk payment service for accountancy firms and bookkeepers, creating a single unified workflow for payroll and supplier transactions on behalf of their SME clients.

 MYPINPAD (“MPP”), the global leader in secure personal authentication for payment solutions, has achieved Payment Card Industry (PCI) Security Standards Council certification for its iOS Software based PIN entry on a Commercial off-the-shelf (SPoC) solution.

Transactions using mobile devices top the list, accounting for 72 percent of all financial transactions. Garanti BBVA understands, however, that some customers prefer to physically visit a branch to do their banking.

MoneyGram (NASDAQ: MGI) announced record-breaking online transaction growth during the holiday shopping season from its MoneyGram-branded online platforms. Between December 1 and December 25, MoneyGram-branded online platforms reported transaction growth of more than 70 percent on a year-over-yea

BasBanke, also known as Coybot, is a banking malware for Android designed to steal banking credentials from Brazilian entities. It started its malicious activity at the time of the Brazilian elections of October 2018 and has recently reappeared.

The Trojan has targeted Brazilian banking entities since its inception and its attacks have been very intermittent, with new samples appearing fairly infrequently.

MioTech announced today that it has closed its Series A+ funding round led by existing investor Horizons Ventures, the private investment arm of Mr. Li Ka-shing.

“The financing will be used to recruit more talents and invest in R&D. It will further strengthen MioTech’s data and technology edge, and help MioTech become the industry acknowledged platform for Green Finance and Sustainable Investment in Asia,” said Jason Tu, Co-founder and CEO of MioTech. “MioTech will continue to invest in Hong Kong while expanding its presence in Singapore and Mainland China.”