It is standard practice around the world for an individual to positively identify his/herself in a bank branch in order to affect all transactions. Means of identification can include what you know (PIN or password), what you have (ID document) and what you are (biometrics). It is no longer even a competition of which of the methods is considered as the most accurate for positively identifying a person – biometrics wins hands down, literally.

Bitcoin remains the most popular cryptocurrency playing a role as an investment vehicle and also a payment medium. However, scammers are exploring the payment aspect to defraud victims resulting in losses of millions of dollars.

Research commissioned by people analytics company Visier reveals that more than half of financial services employees in the UK expect to actively look for jobs outside their current company in the next 12 months - with almost a quarter (24 percent) already looking for new jobs, suggesting a potential peak season of resignations in the sector. Of employees actively considering changing jobs, as many as six in ten (62 percent) say they are considering moving into a new sector or career altogether. 

Virtual IBAN and eCommerce bank account provider, Monneo, today announces the launch of its Monneo Corporate Visa debit card, in partnership with Railsbank, the leading global Banking-as-a-Service (BaaS) platform.

Tellco AG, a specialist in pension provision and wealth management services, has selectedbs Hybrid Wealth Manager solution to assist their move to offer comprehensive wealth management solutions.

Fusion Risk Management, Inc. (“Fusion”), a leading provider of operational resilience, business continuity, and risk management software and services, today announced the launch of Fusion Analytics, a new platform capability that provides organizations with enhanced data insights to bolster their resilience posture.

Scality announced today that it has been named Hewlett Packard Enterprise’s (HPE) Storage Momentum Partner of the Year for 2021 during the Partner of the Year Awards at the annual HPE Discover customer event. The 2021 HPE Partner of the Year Award recognises partners from across the ecosystem for their incredible commitment to customer excellence, continued strong performance, innovative solutions and ability to drive transformative business outcomes for shared customers.

SnapSwap, the innovative provider of digital transformation solutions for financial services & businesses has selected Banking Circle to deliver faster and lower cost payments for its customers. Utilising Banking Circle’s Payments on Behalf of (POBO) and Collections on Behalf of (COBO) solution, SnapSwap will see improvements to settlement times, reconciliation and transaction processing.

We’ve seen many fields change rapidly as a result of the integration of modern technological advancements over the last couple of decades. And it looks like more is coming on the horizon as well, judging by current trends. One of the markets that have been affected particularly noticeably is the used cars one. Buying – and selling – a used vehicle today is a much different process as opposed to a decade or two ago, and there are many reasons to believe that things will change even more in the coming years.