As we move towards a cashless society, we need to be mindful that all transactions and updates are reliant on the public internet working properly. Consider what happens in a period of downtime, especially if retailers stop taking cash as a form of payment? In short, both parties suffer. For the merchant it’s a loss of revenue and for the consumer, it’s the inconvenience of not being able to purchase vital services. For example, imagine you are filling up with petrol and connectivity to make a payment fails but there’s no other alternative method to pay – what happens then?

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that Paul Thomalla, ACI’s senior vice president for Global Corporate Relations, has been elected as a member of the executive board of nexo, the international association that develops and promotes open standards for card payments.

MasterCard today announced the 2016 summer class of its Start Path Global program – the company’s global effort to support innovative early-stage startups developing the next generation of commerce and fintech solutions.

iGTB, the organisation behind the world’s first comprehensive global transaction banking solution, has appointed Herber De Ruijter as its new Head of Digital, responsible for Product Strategy and Development of Intellect’s Digital offerings for Corporate Banking.

Herber joins iGTB from solutions provider Backbase, where he was responsible for product development as well as leading the company’s American business and operations.

RealPage, Inc. a leading provider of on-demand software and software-enabled services for the multifamily, commercial, single-family and vacation rental housing industries, announced that it launched a new Enterprise Accounting solution, designed to provide companies one single accounting platform with which to manage all functions related to real estate investing. The new platform is applicable to all real estate classes.

The Enterprise Accounting platform incorporates three distinct solutions:

Gemalto, the world leader in digital security, announces that its operating system integrated in the Sealys electronic passports, achieved the fastest reading capabilities in the independent Interoperability Tests conducted at the recent Security Document World Conference in London. Sealys ePassport Embedded Software is the latest generation of Gemalto's ICAO-compliant operating system.

InAuth, the device authentication and intelligence experts and Sphonic, a leading provider of risk management, anti-money laundering and fraud prevention solutions and services, today announced a partnership that will enable Sphonic to offer and deploy InAuth’s device intelligence security platform to its global customer base.