The need for safer and more touchless ways to pay has escalated and consumers are embracing contactless cards as the preferred means of payment, with 77% using them regularly in-store. However, in parallel with the increased use of contactless are rising security and usability concerns.

The pandemic has rapidly changed the way we pay and our attitudes towards how we want to pay in the future.

A survey by Market Intelligence specialists, Acuiti, commissioned by Avelacom, the global connectivity and IT infrastructure provider for the financial services industry, has found that in their efforts to stabilise trading revenues, proprietary trading firms are overwhelmingly interested in trading new emerging markets.

The recent news of criminals gaining access to New Zealand’s reserve bank has again sent a warning to all in the financial sector of the impact of cyber-crime.

The hack was not a direct attack on the bank, but seems to have come through a third-party supplier, Accellion. Accellion, which was used by the bank to share documents with external stakeholders, was hacked on Christmas Day, US time.

Perenna, the London based fintech, has completed its latest funding round raising $10 million as part of its plans to obtain a banking licence and bring its technology-centric lending proposition of fixed for life mortgages to the UK housing market in summer 2021.

Aion Bank, a new full-service digital bank, and Vodeno, a cloud-based banking-as-a-service platform, have partnered with cloud-native payments technology specialists Form3 to implement their next-generation payments platform and deliver real-time payment processing, clearing and settlement for Aion’s European members.

InterSystems, one of the world’s most trusted data management platform providers, is teaming up with leading tech analyst firm TechMarketView to find Fintech partners in the UK and Ireland.

InterSystems wants to expand its partner community in the UK and Ireland to offer reliable, innovative and scalable data technology solutions to the financial services industry.

Nutanix (NASDAQ: 

NBS Bank, a leading commercial bank in Malawi, launches its state of the art e-commerce platform, powered by Network International (www.Network.ae), the leading enabler of digital commerce across Africa and the Middle East.

Finastra today announced that its investment management solution Fusion Invest is now available to customers through the cloud – helping asset managers digitally transform their operations and benefit from increased agility and improved operational efficiency.

Ziglu, the personal money app and fully FCA authorised Electronic Money Institution, has announced the appointment of Daniel Sale as Marketing Director.