Temenos (SIX:TEMN), the banking software company, today expanded its leading financial crime mitigation product to include an AI-based Suspicious Activity Prevention solution protecting banks and their customers from fraud.  Demand for financial compliance and the increasing levels of financial crime are putting huge pressure on banks. Their legacy processes have grown so complex with a high level of manual work for screening alerts and other fraud mitigation activities. Each manual step is inefficient and prone to errors. High level of false positive rates exacerbate this problem.

In February, the Bitcoin Ethereum and Blockchain Super Conference brought together hundreds of cryptocurrency and blockchain enthusiasts, investors, and leaders. Now, the organizer and host, Richard Jacobs, is hosting a second conference at Dallas this September.

Mr. Jacobs says the Bitcoin, Ethereum & Blockchain Super Conference II will disclose new information –  revealed by select industry leaders – that elevates cryptocurrency and blockchain investment opportunities to the next level.

Tickets for the conference are available now.

Wolters Kluwer has appointed Rainer Fuchsluger as Managing Director of its Finance, Risk & Reporting business in the APAC region, based in Singapore. He replaces James Stewart who is leaving Wolters Kluwer after five years with the firm, returning to his native Australia for family reasons.

With 15 years of experience in financial services, Fuchsluger joins Wolters Kluwer from SS&C Technologies where he was Regional Managing Director of the Institutional and Investment Management business in Asia.

The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, and Quatrro Processing, a leading international payment processor, today announced the launch of QPS, a next generation, artificial intelligence powered payments processing solution.

We are delighted to announce that RSRCHXchange won the award for ‘Best Investment Research Platform’ at the annual Financial News Trading and Technology Awards held in London on 15 May, 2018.

Open Banking is here. The Second Payment Services Directive (PSD2) now requires banks to give any third party access to use payments data and launch transactions from a customer’s bank account, subject to permission. It’s a radical idea; and while there will undoubtedly be impacts, the exact nature and timeframes of the disruption are still becoming clear.

Getting the measure

Although the range of possibilities and changes around Open Banking may sometimes seem confusing, essentially, they fall into five key categories.

smartTrade Technologies, a multi-asset electronic trading solutions pioneer, announces today the addition of Cryptocurrencies to its award-winning FX Trading Platform, LiquidityFX (LFX).

The Cryptocurrency market is growing fast, and a large percentage of the current trading volumes is concentrated on the top ten cryptocurrencies, which accounts for about 70% of daily turnover. It is also highly decentralized and finding the best price is, at best, opaque and challenging when trading. 

Topsec Cloud Solutions, a leading provider of cloud-based managed email security solutions, has appointed VCW Security as sole UK distribution partner.  Specialising in the distribution and marketing of IT security solutions and services to end-user companies via the reseller channel, VCW is now looking to expand the market for Topsec’s range of cloud based solutions including anti-spam, anti-virus, email continuity, email content filtering, image analysis, email archiving, secure file sharing, phishing awareness training-as-a-service and domain management. 

Organisations struggling to improve cyber security defences, should take note of the recommendations proposed by a select committee report into last year’s WannaCry ransomware epidemic. This is according to Peter Groucutt, managing director of Databarracks.    

Nomura Research Institute (NRI), a leading provider of consulting services and system solutions, were recognized during the 2018 FTF News Technology Innovation Awards, being awarded “Best Artificial Intelligence (A.I.) Initiative.”