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ABBs YuMi robot automates ATM testing for more reliable banking

Dual-armed collaborative robot YuMi performs hundreds of hours of testing to support faster development of software for Automated Teller Machines (ATM), improving reliability and quality. YuMi, the groundbreaking ABB industrial robot that has the precision to handle the most complex...

SWIFT Readies ISO 20022 For X-Border Payments

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. A press release issued Wednesday (July 31) said ISO 20022 has the potential to promote...

Wirecard starts partnership with AUTO1 Group, Europe’s leading digital automotive platform

Wirecard, the global innovation leader for digital financial technology, enters into a strategic partnership with AUTO1 Group, Europe’s leading digital automotive platform. The agreement was fostered through SoftBank’s existing partnership with Wirecard and AUTO1 Group and will cover several...

Brazil’s BTG Pactual streamlines digital onboarding with Jumio

Jumio, the leading AI-powered trusted identity as a service provider, has partnered with BTG Pactual to help the Brazilian investment bank properly vet the digital identity of its new clients and automate its onboarding process. Until recently, BTG Pactual only...

Visa launches new network to speed up cross-border B2B payments

Payment technology major Visa has commercially launched its non-card-based payment network, Visa B2B Connect, which allows seamless bank-to-bank cross-border business transactions. Visa B2B Connect network will enable financial institutions to quickly and safely process high-value corporate cross-border payments across the...

Vision 2030 enables Saudi Arabia’s public sector to drive digital Transformation

Riyadh to host Government DX Summit on 5-6 November 2019. Digital transformation (DX) will remain a prime objective for the public sector with the entrants of new technologies steering away legacy systems providing value potentials, ease, convenience and improved methods...

UAE and Saudi Arabia set out how they plan to use shared digital currency

The Central Bank of the United Arab Emirates and the Saudi Arabian Monetary Authority (SAMA) have clarified some aspects of their joint plan to launch a common digital currency. It's planned that the project, known as Aber, will be used...

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