Trends

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, 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...

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...

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...

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...

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...

US Kentucky-based community lender Forcht Bank has partnered with Fiserv to upgrade its credit card portfolio. Under the arrangement, the lender leveraged Fiserv’s Card Risk Office, uChoose Rewards and MyCardCreation card solutions. Overall, the solutions reduce fraud risks, increase customer...