Switzerland, October 2019 – The financial services industry is in a state of upheaval: banks are in the midst of digital transformation and the cooperation between banks and fintech companies is creating new networked ecosystems. As a result, banks today have the opportunity to generate added value for their customers with innovative digital services and to strengthen customer loyalty. 

Joel Yarbrough, VP Asia Pacific, Rapyd at PayExpo 2019

Financial IT interview with Steve Berry, Country Manager of Computop UK at PayExpo 2019. Steve talks about how Computop stands apart from other solution providers, products and upcoming milestones of the company.

Intesa Sanapolo has invested EUR7 million in MatiPay, which has developed a mobile payment system for purchasing services and products online with cash, using the physical network of vending machine banknote readers and coin acceptors.

OpenWay, a global provider of top-ranked software for digital payments, has unveiled WAY4 Acquiring Start, an off-the-shelf acquiring solution. It helps banks, processors, PSPs, and retailers launch merchant acquiring – from idea to production – within a few months.

Revolut has hired JPMorgan to oversee a $500 million equity raise and $1 billion convertible loan, in a move that would bring the total funding raised by the loss-making firm to almost $2 billion.

Ethoca, the leading provider of collaboration-based technology solutions that help card issuers and online merchants increase card acceptance and stop ecommerce fraud and disputes, has won ‘Most Innovative Online Solution’ at the UK Fraud Awards 2019.

Hosted by Retail Risk, the awards celebrate the best anti-fraud and security technologies on the market today. The winners were announced during the UK Fraud Awards Gala Dinner on Thursday October 3^rd, 2019 at the home of Leicester City Football Club, UK.

Financial IT speaks with Azamat Sultanov, Co-Founder & Co-CEO of Fortu Wealth and Firdavs Shakhidi, Co-Founder & Co-CEO of Fortu Wealth at PayExpo 2019.
Fortu is the next generation digital payment and wealth management solution that is innovative, low cost and efficient.
It is app-based solution that is targeting the widening gap between this traditional industry and demands from the future generation.

Emmanuelle FILSJEAN, Head of development and operations, M2M Group at PayExpo 2019

Hungary's OTP Group is inviting late-stage startups to apply for a Group-wide pilot programme aimed at finding fresh applications for long-term commercial deployment at the bank.