Coupa Software (NASDAQ: COUP), a leader in Business Spend Management (BSM), has acquired travel price optimization leader Yapta.

The acquisition enables Coupa to deliver more value across BSM by empowering companies to achieve greater savings in a significant spend category, Travel & Expense (T&E). Based in Seattle and led by travel industry veterans, Yapta monitors airfare and hotel prices in real time and sends instant savings alerts when prices drop.

Neeco Global ICT Services today announces that it has signed an agreement with Versa Networks to become its global technology partner in the exciting and fast-developing market for new Software Defined Wide Area Network (SD-WAN) services.

Under the terms of the deal, Neeco will provide next business-day replacement services for Versa Networks’ best-in-class SD-WAN hardware, which is designed from the ground up with cloud principles to provide customers with agility, cost-effectiveness, scalability and simplicity.

Bitcoin exchange, CoinCorner, has partnered with leading legal firm, Quinn Legal, to enable clients to make Bitcoin payments directly via the legal firm’s website, becoming the first Isle of Man based law firm to do so.

Signicat, a leader in verified digital identity solutions, is bringing in new expertise and capabilities to help accelerate its international expansion. Johan Tjärnberg, special advisor at Ingenico Group and previous CEO of Bambora, has been appointed as new Chairman and Asger Hattel, previous CEO and Head of Nets Merchant Services, is being appointed as new CEO. Gunnar Nordseth, current CEO and co-founder of Signicat, will remain as a shareholder and transition into a senior business development role.

ING today officially opened its new corporate office in Amsterdam. This office is named Cedar and is a central part of Cumulus Park, the recently launched innovation district in the southeast area of Amsterdam. Cedar is one of the five ING office buildings that form Cumulus Park. Next to workspace for ING staff about 20% of the buildings is reserved for collaborative innovation with external parties.

Wirecard, the global innovation leader for digital financial technology, and Sprint (NYSE: S), a leading US communications services company, today announced a new relationship that will integrate Wirecard’s unified commerce solutions into Sprint’s Curiosity™ Internet of Things (IoT) platform to deliver the “Internet of Payments”. The announcement was made at CES 2020. The two companies, brought together by SoftBank Investment Advisers, are collaborating to embed payment capabilities in IoT deployments, bringing added value to enterprise clients on a global scale.

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that Bajaj Allianz General Insurance, a leading private sector general (P&C and health) insurance company in India, has successfully moved its core policy administration system for its travel lines of businesses onto TCS BaNCS^TM Cloud for Insurance.

Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced three senior hires in its specialty finance group. Emily Barron, former head of finance at Branch International, and Brian Foley, former managing director at Macquarie Group, will be responsible for co-leading warehouse credit solutions across the US.

Securrency, In

1. Fraudsters Innovate Too

In 2019, Authorised Push Payment Fraud (APP Fraud) rose by 40%, costing the UK £616 million.

Thanks to PSD2 and Open Banking, we will continue to see more new players in fintech. This is brilliant, but it means fraudsters will inevitably innovate their techniques, too. As a result, in 2020 we will see banks enhance their security and implement measures to protect customers, such as payment delays, SCA, 2FA and Confirmation of Payee.