TerraPay, the world’s first mobile payments switch, announced today that it has successfully obtained an approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country. This enables TerraPay’s network partners across the world to send money directly to mobile wallets in Uganda. Earlier, TerraPay had also received regulatory approvals enabling cross-border money transfers to mobile wallets in Kenya and Tanzania.

Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced the addition of near-field communication (NFC) capability to its Mobile Verify® solution. By adding NFC, Mobile Verify can now read the biometric data embedded on RFID chips, delivering definitive authentication assurance simply by touching the document to the smartphone.

The credit crunch shattered consumers’ unflinching trust in traditional banks forever. Undoubtedly, now there is a feeling of distrust towards banks as they feel these financial organisations are putting their interest first instead of the consumer’s.

Commcise, the multi award-winning provider of integrated commission management and research evaluation solutions for investment management firms, is pleased to confirm the successful implementation of CommciseBUY at Nordea Asset Management (Nordea), the asset management division of the largest financial services group in the Nordics.

The National Bank of Ras Al-Khaimah (RAKBANK) today announced a strategic partnership with Invoice Bazaar, a FinTech Supply Chain Finance platform in the United Arab Emirates. 

UPS Capital, a subsidiary of UPS® (NYSE:UPS), announced today the launch of a new online business-to-business payment service powered by Payoneer, a leading cross-border payments company. 

Intelenet Global Services has appointed Steve Morgan as Managing Director of UK and Europe to drive growth across the European market. Backed by the Blackstone Group, Intelenet® is a global BPO helping large public and private organisations, including several Fortune 500 companies, to transform their business operations.     

Centralized cryptocurrency exchanges are under attack. The solution is a platform that is completely ‘trustless’ and secure, built on the very technology that is being traded in these exchanges. 

BBVA has recently joined the Singapore-based Capital and Credit Risk Manager (CCRM) platform as a full member bank. 

Metro Bank, the revolution in British Banking, has today announced the appointment of Martyn Atkinson as Chief Information Officer (CIO).