May, 2018

• 20 May

  CoinJanitor Launches Project To Clean Up Dead Coins

  

  CoinJanitor will pay users to hand over their worthless cryptocurrency, integrating them back into the markets. A unique project that will clean up the markets from dead coins is about to launch. CoinJanitor will become the first project in the world to take care of coins that failed with a …

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• 20 May

  Marsh Launches Financial and Professional Protection for US Fintech Firms

  

  Marsh, an insurance broking and innovative risk management solutions, in collaboration with Validus Specialty, an underwriter of professional liability solutions, announced the availability of FINTECH Protect, a new efficient, cost-effective financial and professional insurance solution designed to manage US-based fintech companies’ growing risks. From the time a fintech company is …

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• 19 May

  AI to help merchants manage costs of fraud

  

  Artificial Intelligence helps merchants manage cost of fraud: SIX Payment Services complements its range of E-Commerce services with the most effective solution in the industry, Fraud Free by SIX – powered by Fraugster. Merchants across the globe consider the increase of fraud – both in terms of number and sophistication …

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• 19 May

  Quovo Launches New Solutions to Enable Smarter, More Reliable ACH Payments

  

  The new solutions mark the data platform’s official entrance into the payments industry. Quovo, a data platform providing connectivity to consumer financial accounts, announced at the NACHA Faster Payments conference the launch of two solutions that enable ACH payment originators to more efficiently debit and credit accounts and deliver an …

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• 18 May

  DIA Amsterdam: Insurance embrace ecosystems

  

  No less than 1,200 (!) decision makers representing 50 countries from all 6 continents turned the fourth edition of Digital Insurance Agenda (DIA) into a massive success. DIA, the largest ‘must see’ insurtech event worldwide, took place at 16 and 17 May in Amsterdam and featured more than 50 insurtechs …

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• 18 May

  SwiftScale unveils eight scaleups shaping the future of business

  

  SwiftScale has launched its Spring ’18 programme in collaboration with Macquarie Group, the global investment banking and diversified financial services group. Over 100 decision makers and influencers from FTSE 100 and Fortune Global 500 companies assembled at Schroders’ London headquarters to hear eight fast-growth startups present innovative solutions to various …

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• 18 May

  New Payment System Operator takes on responsibility for the Bacs and Faster Payments systems

  

  Operational responsibility for the Bacs and Faster Payments systems, which process a combined £6.3 trillion worth of payments annually, has transferred to the New Payment System Operator (NPSO). The move ensures the continuity of operations of the UK’s main payment systems, which are relied on every day for thousands of …

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• 18 May

  Supermoney – A new era of digital payments?

  

  On the Thursday before Easter, in the sophisticated surroundings of ‘M’ Threadneedle Street, deep in the heart of the City, we were privileged guests to an investor event hosted by Supermoney, an ambitious UK digital payments start-up.   Supermoney is the brainchild of Joel Smalley, 47, an experienced polymath and …

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• 18 May

  Half of small businesses operating in the red, according to analysis of 250K SME database

  

  New analysis from data selected from 250,000 SMEs has found that on average fewer than half of UK small businesses (49.9%) were operating in positive cash flow in 2017. The indicator showed that over the past year, 30-day invoices were on average paid after 40 days nationwide, but the UK’s biggest …

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• 17 May

  Fears of two-year shelf life has businesses struggling to innovate

  

  Half of digital companies* (49%) are worried that their biggest revenue-creating products and services will no longer be attractive to the market within two years, according to research by Currencycloud, the international payment platform. In order to stay relevant, two thirds (60%) believe they must innovate constantly, reveals Fostering innovation: from ideas …

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• 17 May

  ABBYY launches Text Analytics for Contracts

  

  The new scalable managed service uses AI to dramatically accelerate business decision-making through human-like understanding of contracts. ABBYY®, a global provider of content intelligence services, announced the launch of ABBYY Text Analytics for Contracts, a managed service that automatically discovers insights from contracts and leases to speed up risk mitigation, obligation …

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• 17 May

  Apiax and Pushfor go live on the Temenos MarketPlace

  

  Temenos (SIX: TEMN), the banking software company, announces the launch of Apiax and Pushfor onto Temenos MarketPlace, its platform for facilitating the exchange of value between fintech providers and financial institutions. Both firms emerged as winners from the Temenos Innovation Jam series and will be competing in the Innovation Jam final …

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• 16 May

  Procurement is joining the dots with technology to achieve greater strategic benefits, survey reveals

  

  New research has shown that UK procurement teams are aiming to achieve a broader set of goals and improved benefits through the adoption of new, more integrated technology. The survey of 200 senior professionals by Wax Digital predicted a 71% rise in the number of UK organisations that will adopt integrated Source-to-Pay …

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• 16 May

  Consortium of Jewellery Industry Leaders Announce TrustChain, First Global Blockchain Initiative to Bring Full Transparency to Consumers

  

  Asahi Refining, Helzberg Diamonds, LeachGarner, Richline Group and UL Collaborate with IBM on New Blockchain Network. IBM (NYSE: IBM) and a consortium of gold and diamond industry leaders today announced the first cross-industry initiative to use blockchain to trace the provenance of finished pieces of jewellery across the supply chain for …

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• 16 May

  How to avoid the TSB crisis and prevent Banking IT Chaos

  

  Guy Warren, CEO at ITRS. Technological glitches, especially when it comes to banking applications, can lead to major reputational damage. Lloyds TSB learnt this the hard way when frustrated customers took to Twitter to criticise the company, as they were unable to access their bank accounts between April 21st-22nd. What …

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