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NEWS Atom confirms
Will.i.am team up
only challenger, Atom Bank, had struck a deal with
Will.i.am whereby the rapper, producer and judge on TV talent show The Voice UK would act as a consultant and board adviser. It took a while for this to be officially announced but in late April the FinTech unveiled him as its first Strategic Board Advisor. He “will provide the Durham- based bank with an external perspective on culture, philanthropy and technology,” it says.
E
Anthony Thomson, Atom Founder and Chairman, comments: “Like us,
will.i.am believes that technology can better and simplify our lives, which is at the heart of all that we are passionate about at Atom. As we develop the range of products and services on offer to customers,
will.i.am’s unique view on the world and knowledge of future trends will be a great asset for us.”
will.i.am says: “Our lives are faster than ever before, but the banking industry hasn’t kept up. The scale of Atom’s ambition to help people understand and manage their money better, and its clever use of technology to give
people an entire bank on their phones is awesome. I’m looking forward to working with Atom to achieve success in everything we will do together.”
Scott Thompson
Mastercard tests out biometric card in S Africa
card featuring a biometric fingerprint sensor which can be used at EMV terminals worldwide. South Africa is the first market to test out the technology, with two trails recently concluded with Pick n Pay, a supermarket retailer, and Absa Bank, a subsidiary of Barclays Africa. Additional trials are being planned in Europe and Asia Pacific in the coming months.
M
“Consumers are increasingly experiencing the convenience and security of biometrics,” says Ajay Bhalla, President, Enterprise Risk and Security, Mastercard. “Whether unlocking a smartphone or shopping online, the fingerprint
astercard has come up with a credit
is helping to deliver additional convenience and security. It’s not
something that can be taken or
replicated and will help our cardholders get on with their lives knowing their payments are protected.”
Scott Thompson arlier this year, we reported that UK digital-
www.ibsintelligence.com © IBS Intelligence 2017
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