Travelex, the leading global foreign exchange and money transfer specialist, today released its study into attitudes towards cash and other payment technologies: Do we really want a cashless society?

It’s fair to say that the term Bitcoin is now prevalent across all walks of life, from the boardroom to the pub. But for something that’s awareness has skyrocketed in recent years, questions still remain as to its longevity and ultimate value. Is it, and cryptocurrencies in general, just a phase or does it have the legs to establish itself in society?

ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with the Lithuanian eMoney institution, SatchelPay. The partnership will see ONPEX provide SatchelPay with tailor-made banking and payment services it needs to boost SWIFT payment capabilities.   

What will the top cyberthreats be in 2019? Experian® today released its sixth annual Data Breach Industry Forecast, which includes predictions of the top five cyberthreats facing businesses next year. The report addresses new breach frontiers such as biometrics and gaming, along with susceptible breach targets such as the cloud and wireless networks.

The smartphone sits at the heart of modern China. With the success of AliPay and WeChatPay – both boasting hundreds of millions of users in China alone compared to Apple Pay’s total 127 million users – paying with mobile is commonplace. In fact, card is quite the novelty.

Axyon AI, Italian start-up that brings deep learning to finance, today announced it has completed a Series A round of funding with UniCredit and ING Ventures, the venture capital arm of ING Bank. Individual investors also participated. The investment will be used to accelerate growth and further develop the product offering. It will also be used to support additional investment in research and development.

LexisNexis® Risk Solutions, the global information solutions provider, has, for the second consecutive year, retained the Best Regtech Solution in Financial Crime & Sanctions Compliance award at the Compliance Register Platinum Awards 2018. 

BT today announced the appointment of Kevin Brown as managing director of BT Security, where he will be responsible for the company’s physical and cyber security activity around the world. Kevin succeeds Mark Hughes, who is stepping down at the end of this year to take up a new position outside of BT.

The alternative investment specialist Aquila Capital has launched a green bond with a volume of EUR 50m and a duration of five years via the Norwegian hydropower operator Småkraft AS to finance the company’s further growth. With over 100 hydropower-plants across Norway and an annual energy production of 1 TWh, Småkraft AS is already the biggest independent operator of small-scale hydropower plants in Europe. The additional financing is being secured in the wider context of the company’s goal to double annual production to 2 TWh by 2022.

A new white paper published by Greenberg Traurig, LLP reveals that asset managers are failing to optimize corporate actions decisions on a massive scale. The paper highlights the costs to beneficial owners of suboptimal decisions in corporate actions as well as the regulatory and legal risks asset managers face for systematically failing to optimize corporate actions decisions.