Since 2018, Arcane Crypto has built a portfolio of diverse early-stage businesses active in the emerging cryptocurrency sector. As a result, it now represents an appealing option on digital assets adoption among banks and financial investors, which has recently gained significant traction. Its recent listing on the Nasdaq First North exchange following a reverse takeover provides it with an additional funding route to pursue its 'buy and build' strategy.

During Huawei Intelligent Finance Summit 2021, Huawei and Temenos, the banking software company, announced a partnership to offer Temenos’ cloud-native core banking solution on the Huawei Public Cloud. Temenos is the first core banking software certified with Huawei infrastructure and Huawei Public Cloud.

Covid-19 led to a rapid and largely unplanned increase in homeworking and electronic trading resulting in a surge of cyberattacks on financial institutions. Almost all financial institutions have experienced a cyberattack in one form or another.   In March of 2020, misconfigured AWS (Amazon Web Services) S3 buckets belonging to two financial organizations made headlines after highly sensitive financial and business documents were exposed.   

Lightspin, a pioneer in contextual cloud security that simplifies and prioritizes cloud security for cloud and Kubernetes environments, announced today the discovery of a new method of cross-account attack, leveraging AWS S3 buckets. If leveraged, this attack can cause a real and measurable impact to a business’ bottom line, by opening up certain AWS buckets to unauthorized writes from any AWS account.

OctaFX Copytrading is a popular service that allows clients to profit by copying trades from professional traders, also known as Master Traders. The company recently introduced Risk Score—a game-changing feature that enables copiers to choose Master Traders based on the risk of their trading strategy.

Virtual cards will unlock untapped potential in the commercial cards sector thanks to the extra security, control and efficiency they provide

Rising proportion of European commercial card spending is virtual

Blackhawk Network, a global payments company, today announced its Hawk Select solution is now available on SAP® Store.

AUD, NZD Slump, EMS Drop, USD/JPY Soars Above 110.

Tinkoff has launched a beta version of its free voice assistant Oleg which will now be available to all residents of Russia who use mobile phones. Tinkoff’s voice assistant will protect them from spammers and fraudsters.

Oleg is a smart personal assistant which is now available not only to customers of various services within the Tinkoff ecosystem but also to subscribers of any Russian mobile operator which is what makes it unique globally. 

Research from Medius, a leading provider of spend management solutions, reveals that damage to supplier relationships caused by late payments costs businesses 24% in lost orders.

The market research surveyed the views of 200 finance and 200 procurement decision makers in the UK to explore the risks to supplier relationships as the purchasing process transitions from procurement to finance.