Abstract – This article is only meant for discussion and healthy arguments, its not a conclusion by any means this is just an assumption and current picture focused on African & few other markets. Today payment industry can be compared with either payment war, payment jungle or even just payment storm. On the other hand how Mobile Financial Services have brought FinClusion (financial inclusion) to millions of people that have no access to traditional methods of banking.

Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that a major European bank has selected UniversalSuite, its front-to-back solution for retail, commercial and corporate banking.

Ramy Soliman has been appointed CEO of new London-based Prime of Prime Brokerage, Stater Global Markets. Ramy is a well-known industry figure, with over a decade of experience in senior sales roles at Citi, IG and Integral.

Backed by Stater Holdings in New Zealand, Stater Global Markets offers clients institutional access to the FX market. The FCA-regulated brokerage launches with direct access to top tier bank and non-bank liquidity, market leading technology solutions and world-class infrastructure.

Of all parties, UK banks have the most to lose and also potentially to gain as a result of Theresa May's Article 50 trigger announcement. 

On the one hand, they have over a year's worth of PSD2 compliance to get ready for. On the other, although Theresa May has stated that initially all EU laws will be converted to UK versions and then slowly adapted or removed, they may decide to lobby against being made to completely overhaul their infrastructure to meet rules which, come March 2019, will no longer technically apply to them.

Multifonds, the leader in single-platform, multi-jurisdictional investment fund software, has today announced the ‘go live’ of its partnership with The Great-West Life Assurance Company, a leading Canadian insurer, with over C$400 billion in assets under administration.

 GFT, the leading provider of business, design and technology consulting to the financial services community, has appointed David Collins as Head of Financial Services across the GFT Atlantic Region, a senior hire that marks a key milestone in GFT’s strategy to service clients in the UK and North America.

TransferTo, the leading B2B mobile payment network, and Eurogiro, a global payments network, have connected to provide access to Eurogiro members to transfer money to mobile money and bank accounts through the TransferTo payments network.

 The B2 Group, provider of cloud based payments, FX and funds STP software and consultancy solutions to administrators, transaction banks and corporates across the globe today announced the appointment of Bill Wrest to the position of Director, Strategy and Business Development.

OTAS Technologies (OTAS), a specialist provider of market analytics and trader intelligence, today announced it has partnered with ExtractAlpha the independent fintech research firm to provide unique, actionable trading factor analytics. The content will be available to buy-side and sell-side clients including quants and asset managers.

On November 10, for the second time this year, Moscow will host the Blockchain & Bitcoin Conference Russia – a conference dedicated to cryptocurrencies and blockchain-based services. The main subject of interest will be blockchain in banking sector, management and different business areas.

Bitcoin, Ethereum blockchains, and individual blockchain implementations interest not only the major banks, but medium enterprises as well. Implementation of blockchain products reduces operational expenses and makes business processes open.