Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing, today announced that Qatar Islamic Bank UK plc (QIB) has selected VolPay Channel: Open Banking and Token to implement PSD2 compliance for the bank.  

Building upon Volante’s partnership with Token who provide PSD2 compliant APIs, VolPay Channel: Open Banking will deliver a complete out-of-the-box solution for handling complex orchestration related to PSD2 regulation, along with flexibility to handle the evolving Open Banking landscape.

VolPay Channel will not only manage the two-way communication between the API layer and the bank’s systems, but also tie the authentication and execution of the payment into a meaningful user journey across multiple use cases. The solution has been designed with interoperability in mind, providing banks with an option to work with multiple TSPs in one or more geographies. As with all VolPay Suite products, the solution includes high degrees of automation enabling a rapid implementation with minimal disruption to QIB.

Nadish Lad, Global head of Payment Products, Volante Technologies, commented, “Banking practice and regulation is changing faster than ever and it is important to lay down a firm foundation for Open Banking and payments orchestration rather than embarking on piecemeal development. The complexity is not only in the integration, it is also around adapting multiple use cases for a seamless improved customer experience.” 

Philip Benson, Senior Operations Manager, QIB (UK), commented, “By using Volante’s ready-made PSD2 solution, we are able to become PSD2 compliant within only a few months, without having to divert costly IT resource to the project. This enables us to focus on our core business and we continue to serve our UK clients in the best way possible.”

Fenergo, the leading provider of Client Lifecycle Management (CLM) solutions to Banks and Asset Managers, today announced the creation of a new team dedicated to further developing and fostering its partner ecosystem. The new global alliances team will be led by Julian Clarke and reports directly to Greg Watson, Fenergo’s Global Head of Sales. Clarke is an industry veteran with more than 20 years of experience in financial technology, including his tenure leading teams in consulting, sales and marketing at Capgemini and Groupe Steria.

Fenergo is building on its’ pre-existing strategic partnerships with leading solutions, data and services providers. The focus of this new team will be to leverage those relationships and build new alliances through an applied structure. The expansion of the partnership and alliances team is aligned with Fenergo’s corporate goals and objectives which include improved client experience, reduced operational risk and optimized process and transparency. As the leading provider of CLM solutions and services, Fenergo is uniquely positioned to better connect market systems, practitioners and players to deliver end-to-end Client Lifecycle Management. 

Commenting on the new team and Julian’s hire, Greg Watson, Global Head of Sales, stated, “Fenergo’s new partnership and  alliances team is a logical next step in our expansion program. A team exclusively dedicated to our partners will help as we continue to scale and also provide additional third-party features to our client community. In turn, we see mutual benefit for our partners in aligning with the industry leader in CLM.” 

Julian Clarke, Global Head of Partner & Alliances added, “The industry is adopting new technologies to address increasingly challenging onboarding and regulatory compliance issues, and Fenergo is pioneering the way to an open and interconnected regulatory landscape. Fenergo has several exceptional partnerships in place already and I look forward to expanding our reach even further for the benefit of mutual clients and market players.”

The ticket prices are rising soon, hurry up to buy the ticket at the lowest price at https://blockchain-life.com/en/

A little more than a month remains until the key event of crypto industry - global forum Blockchain Life 2018, November 7-8 in Saint Petersburg. The list of speakers is filled with the the leaders of crypto industry: world leading mining equipment producer Bitmain, creators of Telegram channel “10 dollars of Buffet” (Alik Arslanov and Artem Popov) and other influential industry experts.

More than 80 international speakers and 11 panel discussions in the programme of the biggest forum of the industry in topics:

- Cryptocurrencies trading. How to make profit in a falling market ?
- Crypto foundations. Secrets of the successful investments.

-World leaders in the sphere of cryptocurrency exchanges. Secrets and insides.

- Blockchain - technology features in 2018. Blockchain introduction into business.

- Actual trends of the cryptocurrencies market.  

- ICO and crypto projects advertisment. New and efficient traffic channels.

- Secrets of successful ICO in 2018.

- State and Blockchain.
- Technological solutions for crypto industry.

- Legal aspects of crypto world.
- Efficient mining. Problems and solutions.

The programme of the forum is formed on 80% and it is available on the website https://blockchain-life.com/en/

The Organizers promise to announce the secret speakers soon (last year one of the secret speaker was Herman Klimenko, advisor of the Russian president). Not only the announcement of first state persons is awaited, but also founders and CEOs of world companies in industry and celebrities announcement.

ICO projects have a great opportunity to be presented to largest Asian and European foundations in the frameworks of ICO Pitch. The number of places for performance is swiftly finishing.

General sponsor of the forum is international crypto platform GoldJob. International and the special Diamond sponsor - trading platform BigX.

The biggest part of tickets for the forum is sold out, hurry up to buy a ticket at available price right now. During each secret speaker announcement the ticket price will rise.

Buy a tickets for event of the year right now - https://blockchain-life.com/en/

Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced its first Bolivian customer, Banco Fassil, has migrated its entire ATM network to TranzAxis. 

Banco Fassil wanted to implement cash recycling ATMs and self-service kiosks, but its ambitions were limited by the system it was using. The bank chose TranzAxis to enable them to modernise their systems and provide a greater array of services to its cardholders.

TranzAxis, Compass Plus’ open development payments platform, provides all ATM driving and switching services for Banco Fassil. TranzAxis manages the bank’s network of cash recycling ATMs and self-service kiosks, enables the ATM network to offer multiple denominations and manages cash deposits. It also has the scope to run Banco Fassil’s disaster recovery site in future. The project was implemented by Compass Plus’ partner in Latin America, World Financial Systems Solutions (WFSS).

Following its migration to TranzAxis, Banco Fassil is planning to offer contactless transactions, launch prepaid cards and provide processing services to other financial institutions.

“By selecting TranzAxis, Banco Fassil is able to implement a range of features that will benefit our cardholders greatly,” said Adolfo Suares Bolzon, Systems General Manager at Banco Fassil. “Compass Plus and its partner WFSS were able to implement the software within the agreed timeframe, and we look forward to seeing the benefits it will bring.”

"WFSS is proud to have a client in Latin America like Banco Fassil that is always at the forefront of technology in the region,” said Juan Bustios, Senior Consultant at WFSS.

“We are delighted to have Banco Fassil on board as our first customer in Bolivia, and look forward to a productive relationship,” said Carlos Seer, Acting Associate VP & Business Development Director, LATAM at Compass Plus. “This partnership is further proof that we are committed to developing the payments infrastructure in the region, ensuring that its people benefit from truly modern technologies.”

• 01.10.2018 -- 01:32 pm

Veronica Andrino, Cryptobabe from the Philippines - interview Consensus Singapore 2018

SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, today announced the completion of SIA’s acquisition of First Data’s card processing businesses in parts of Central and Southeastern Europe for €387 million.

As a result of this transaction, SIA becomes the leading player in processing and services in the region, offering card processing, card production, call center and back-office services, including 13.3 million payment cards, 1.4 billion transactions, in addition to the management of over 300,000 POS terminals and 6,500 ATMs. These businesses are primarily located in 7 countries: Greece, Croatia, Czech Republic, Hungary, Romania, Serbia and Slovakia. In 2017, these businesses generated a combined revenue of approximately €100 million for First Data.

Following the completion of this transaction, First Data remains highly committed to the European issuer processing business and will continue to serve its significant client base primarily through its leading VisionPLUS platform.

DataArt, the global technology consultancy that designs, develops, and supports unique software solutions, today announced its partnership with BANKEX, a leading fintech company, to deliver and launch BANKEX Custody Service – a blockchain-powered crypto storage service that offers complete protection against natural damage, virtual attacks, and human error. After a month-long, invitation-only period, BANKEX Custody is now available to all users.

DataArt played a key role in developing a secure blockchain-based service, which has become the cornerstone of BANKEX Custody, a cryptocurrency storage mechanism similar to a regular deposit box account. The account holder enters into a storage agreement with BANKEX Custody, and the private keys to cryptocurrency wallets are stored in the depository with no external access, including by BANKEX personnel. The depository receipt is then treated as an asset.

BANKEX Custody accepts Bitcoin Cash, Bitcoin, Litecoin, Ethereum, and BKX (the Ethereum-based BANKEX ERC-20 utility token) and is available for both individual and institutional investors. There is currently no fee for the service and no minimum deposit. Customer service is ready to provide assistance every step of the way.

“Many technology firms claim blockchain expertise, but real production experience with blockchain is hard to find,” said Igor Khmel, CEO of BANKEX. “DataArt’s team brings top-notch technology expertise, and the level of security provided through our partnership surpasses the standards of most wallets and exchanges. And while the service is well suited to institutional investors, having no minimum deposit means that we can also serve smaller firms and individuals holding smaller crypto assets.”

“Blockhain in financial services is one of DataArt’s strongest and most popular offerings,” said Alla Lemlekh, VP of Business Development at DataArt. “Working on a new service in a relatively new slice of the industry is always challenging and rewarding, and we look forward to continuing our partnership with BANKEX.”

BANKEX and DataArt plan to continue developing the service and adding new cryptocurrencies.

We have unprecedented access to a range of different things in the modern world. Crossing the ocean to a new continent now takes hours instead of months. We get to do more, work harder, and play harder. The only thing that the modern world has not given us is more time. Which might be one of the reasons that online shopping is booming. It’s a great time to take part in ecommerce. The traditional business molds are being broken on a consistent basis. Take subscription boxes, for example. It’s a business model that shouldn’t really work. The client signs up for the service but has no say about exactly what products are in the box. Naturally, the boxes offered are based on themes. So, there are beauty boxes, coffee boxes, art boxes, etc. But the client has no way to choose what the contents of her box will be. Despite this, the business model is successful. In fact, if we are to believe the infographic below, this business was worth $2.6 billion in 2016 alone. To be fair, the infographic contains a lot more information than just how much the subscription box industry is worth. It is also packed with valuable information about the trends that all ecommerce providers should be aware of. It’s info that you should be keenly interested in if you sell things online. Knowing what the most important trends are can give you a distinctive edge over your competitors. And, before you groan about having to learn yet something else about the online industry, relax. You will be able to incorporate a lot of the trends very easily. Now, certainly, you are not likely to be able to come up with your own army of drones, but there are a lot of other practical hacks you can try instead.

On October 10, Minsk will host Blockchain & Bitcoin Conference Belarus dedicated to cryptocurrencies, blockchain, and ICOs. It is the second time that an international organizer Smile-Expo holds the event in the capital of Belarus. The previous event was attended by more than 400 guests and involved experts from five countries.       

This year, Blockchain & Bitcoin Conference Belarus will give special attention to legal issues. What laws will help in anti-money laundering, how to launch an ICO correctly and enhance reputation using blockchain: these and other things will be revealed by experts from various countries and sectors.      

Artur Kuczmowski: how to combat money laundering on the cryptocurrency market

Artur Kuczmowski is the senior partner at the international group of boutique law firms – Thompson&Stein specializing in law and tax consulting for the blockchain industry. The expert is a lawyer with long-term experience and the author of dozens of specialized articles in industry publications.   

At the conference, Artur will talk about AML and KYC procedures as well as explain why they will be useful during anti-money laundering on the cryptocurrency market and how legal regulations in European countries and Directive of the European Union have changed the attitude to cryptocurrencies. 

Gerbert Shopnik: application of blockchain in state and commercial economic sectors

Gerbert Shopnik is a key customers and partners relations manager at Bitfury. The expert has long-term experience in working for such major international IT companies as Microsoft, VMware, and Lanit. He specializes in cloud technologies and blockchain.   

Gerbert will tell the audience how the distributed ledger technology is applied in Russia, Ukraine, Georgia, and the USA as well as review scenarios for the public sector and commercial organizations in Belarus.  

Dmitry Machikhin: ICO legal aspects  

After working for a leading law firm called Clifford Chance in Paris and Luxemburg, Dmitry Machikhin became a partner at GMT Legal in Moscow. Currently, he professionally advises IT companies and startups around the world. Besides, he has launched several of his own projects. Since 2017, he has been on the Board of Directors of Midex IT.   

At Blockchain & Bitcoin Conference, Dmitry will focus on ICO launching strategies. The expert will tell the audience what details should be taken into account prior to the token sale organization, how to choose an investor, define how much money an ICO should raise, and other ICO legal aspects.     

Serhii Bondarenko: new methods of loyalty management

Serhii Bondarenko is a lecturer at Deloitte Academy and the Chief Digital Officer at Deloitte Garage. The expert has been focusing on the IT and communication sector for 20 years. During this period, he became a leading technology specialist at Deloitte Ukraine as well as worked for Microsoft Ukraine, Raiffeisen Bank Aval, and Innovate.  

The speaker believes that modern loyalty programs encumber customers with a variety of plastic cards, the majority of which are eventually lost. At the event, Serhii will reveal the advantages of a new approach to the loyalty program for businesses and solutions available to Bonex ecosystem participants.  

Vladimir Popov: how to build reputation using blockchain

Vladimir Popov is a crypto expert and the head of Synergis law firm. He has been engaged in the branch of jurisprudence since 2005, specializing in IT legal issues. 

Vladimir will explain why reputation systems are important in 2018 and why reputation is the P2P system of the future, as well as reveal the foundation of a blockchain philosophy. Moreover, the speaker will examine case studies of launching ICOs of IT projects.

It is not yet a full list of speakers who will be involved in Blockchain & Bitcoin Conference Belarus. Other experts and event activities can be found on the website. 

What is Blockchain & Bitcoin Conference?

Blockchain & Bitcoin Conference is a series of the events held by Smile-Expo in 25 countries. Some of them were already organized in Australia, Finland, France, Israel, Philippines, and other parts of the world.   

Join the community of crypto enthusiasts at Blockchain & Bitcoin Conference Belarus that will take place on October 10, 2018, in Minsk-based DoubleTree by Hilton Hotel.