Comment from Sudeepto Mukherjee, Senior Vice President, Financial Services at consultancy Publicis Sapient:

Financial industry in Europe has to adjust to many regulations updates nowadays. The 6th EU Anti-Money Laundering Directive (AMLD6) came into force, Brexit happened. What should be aware of and how to keep up with compliance? I will take a look at it in this article.

AMLD6: what has changed

Computop, a leading global payment processor, has today announced that its payment platform, Computop Paygate, is now making Card Scheme Tokens, issued by major card brands, available to its merchants. The use of tokens makes online card payments for European merchants safer and more convenient: by storing tokens, they can anchor card information in the customer account without risk, saving their customers the hassle of entering data.

New applications of QR codes in recent months mean that they have become part of our everyday lives, including as part of ticketing solutions. The motivation is simple: they quickly offer touchless payment and access control options. However, are they a credible long-term solution? Alongside significant security threats for operators and consumers, there’s a risk they provide only moderate improvements in customer experience due to ergonomic challenges and could be hampering end-to-end mobility. Let me explain further…  

Virgin Money continues to build its business banking proposition, adding FinTech partner, Trade Ledger, which specialises in data-driven lending technology. 

Security, compliance and data privacy risks, and their related issues, are now financial services executives’ most pressing concern. This is hardly surprising when the global regulatory environment is continually changing – and so quickly.

What does the product do?

BlueSnap’s All-in-One Payment Platform is a global payment technology with a focus on helping businesses increase sales and reduce costs. Through a single integration, BlueSnap customers have access to a global acquiring network, over 100 transaction currencies, and local payment methods. 

A survey by Market Intelligence specialists, Acuiti, commissioned by Avelacom and Deribit, offers insights on how proprietary trading firms are approaching the cryptocurrency markets, both spot and derivatives. The survey also explores how this differs between those firms created specifically to trade these assets vs firms entering these markets alongside their existing business trading “traditional” assets. 

Key conclusions include:

Proprietary trading firms have been early adopters of crypto derivatives:

Spectra Logic, a leader in data storage and data management solutions, today announced that its entire family of tape libraries and its Spectra BlackPearl^® NAS solution have attained Veeam^® Ready qualification with Veeam Backup &