Nick Pedersen, Managing Director of Equiniti International Payments has been confirmed as a guest speaker at the 2017 Card & Payments Summit, taking place at The Radisson Blu Portman, London, on the 27th and 28th of March.

Pedersen, who was appointed Managing Director of the global payments provider in October last year following six years at Citigroup, will speak about the launch of the revised Directive on Payment Services (PSD2), detailing what this will mean for the banking and Fintech sectors, as well as exploring what impact PSD2 will have on the global payments market.

TerraPay, a mobile-first international payment network, today announced that it has been working with the GSMA to ensure TerraPay compatibility with the recently rolled out standardized mobile money APIs.

ThinkMarkets is a leading provider of forex and CFD trading, who has enhanced its payment offering with the launch of PayPal. The new payment solution enables ThinkMarkets’ global user-base to deposit and withdraw funds through PayPal’s international network.

With the addition of PayPal as a funding method, ThinkMarkets’ users will be able to deposit funds into their trading accounts on the MetaTrader 4 and ThinkTrader platform in a quick, efficient and secure way.

I remember organising my first banking conferences in the 1990s and there was a regular mantra amongst the memes of the folks speaking on stage.

There is more change coming and you’re going to be dead meat unless you change.

It was a common theme to hear the word disintermediated being used in these speeches.  Microsoft, Wal*Mart and Virgin are all coming for your lunch, you’re going to be disintermediated.

Well, no one ate the bankers lunch and so the over-used term lost its relevance and interest.

What does the product do?

s-peek is a web and mobile application that includes information on economic and financial solvency of almost every company in Europe,  which accounts to more than 25 million companies in 40 countries. Simple and easy-to-understand three-colour-scale is used for the ratings, whereby green is for healthy companies, yellow for balanced companies and red is for vulnerable companies. Additionally, any company can access and download any European company`s data with s-peek`s Freemium model (FLASH or Extended2M report). 

Baymarkets Technology AB (Baymarkets), a leading Nordic provider of FinTech and RegTech solutions to the global financial services industry, announced today the appointment of Per Andersson as Head of Sales and Business Development. His arrival brings 20 years of experience of building and managing businesses in the FinTech sector and he joins Baymarkets’ management team with immediate effect.  

Per was previously Head of Sales at Pantor Engineering, recently acquired by Goldman Sachs, and at Orc Software, now Itiviti.

Innotribe has released a new report examining the way innovation teams from the financial services sector are harnessing innovation within their organisations. Based on interviews with 11 innovation leaders, the Innotribe report, “Dynamism in Diversity: The essentials for successful Innovation Teams in the Financial Industry,” details current innovation frameworks and best practices for developing innovation programmes across the wholesale financial industry.

Commenting on a new report by Cifas which shows Millennials are a growing target for identity theft cases. Almost 25,000 victims of fraud were aged under 30, with the number of under-21s defrauded rising by a third, Steve Arnison, Commercial Director of LexisNexis® Risk Solutions, said the following.

With a flurry of High Street bank branch closures and the arrival of mobile-only challenger banks, the use of the internet to conduct banking activities is on the rise in the UK, but unfortunately so are the correlating fraud levels.

The Office of the Comptroller of the Currency (OCC) today provided additional detail on evaluating national bank charter applications from financial technology (fintech) companies that engage in the business of banking.

To help financial services clients quickly develop and scale advanced data and analytics capabilities, Accenture (ACN) has opened the Innovation Center for Finance & Risk in New York.