MiFinity, a global payments provider, today announced the launch of a new consumer focused cross-border money transfer service to UnionPay card holders in mainland China.

This service allows consumers to send money from the UK and Europe back into mainland China via the UnionPay network. With over 7 billion cards issued accumulatively, UnionPay is the market leader in China.

Here are some of the key benefits for consumers:

In its history, humanity produced 7.8 billion tonnes of plastic until 2015, roughly one tonne per person alive today. After its usage, plastic partly gets “revived” as a PET bottle or even in a T-Shirt. While this process remains the best-case scenario, large amounts of plastic are flushed into the ocean where it may become eaten by aquatic animals, eventually ending up in humans’ stomachs. According to a study from WWF, each person consumes five grams of microplastic each week, which is the exact quantity used to produce one credit card.

Avaloq, the global fintech leader, has appointed Imad Abou Haidar as the firm’s new Head of Asia. Imad joins from London-headquartered software firm Finastra, where he was Managing Director for the Asia-Pacific region based in Singapore. The appointment coincides with Avaloq releasing details of its 2019 Singapore Community Conference to be held on 5 September at The Westin Hotel.

Victoria Park Plaza, London. 4^th December 2019

Drawing on the disruptive force of technology, GovMoney is a brand-new conference exploring how the finance sector can provide quality public services and value for money with tools fit for the 21st century.

The UK’s leading payments conference, PayExpo, is back once again, bringing the world’s leading fintech, banking, retail and gaming experts together for the seventh year running.

Taking place on 8-9 October at the Business Design Centre, London, this year will see more than 2,000 strategists, disruptors, innovators and implementers gather to connect and discuss the future of business, regulations and the technologies shaping each spotlighted sector.

Following the banking crisis in 2008, the Parliamentary Commission for Banking Standards (PCBS) recommended the creation of a new framework focused on increasing senior management accountability. Based on this recommendation, Parliament passed legislation in December 2013 that prompted the primary regulators of the financial services sector, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), to implement a Senior Management and Certification Regime (SM&CR).

Centage Corporation (www.centage.com), leading provider of cloud financial software for transforming how businesses budget, forecast, analyze and report, announced that it has received an Industry Excellence Award from Dresner Advisory Services. Recognized as an Overall Leader in Enterprise Performance Management for 2019, the award comes as the result of being ranked as a leader in two market models within the flagship 2019 EPM Wisdom of Crowds Market Study.

The financial services industry has been energised by the power of digital technologies as it looks for new ways to deliver products and services. Exciting fintech innovations are helping the sector to reinvent itself, transforming its processes and changing the way it relates to customers.