Data centre providers are positioned to capitalise on the growth in tech-savvy challenger banks as their market share continues to gather pace. By offering flexibility on IT usage and contract lengths, data centres are able to work with these emerging financial institutions to ensure customers are never out of touch with their finances. This is according to colocation data centre provider, Aegis Data.

Fraud prevention software company Risk Ident has today announced the appointment of its CEO, Roberto Valerio, to the European Advisory Board of the Merchant Risk Council (MRC).

Roberto Valerio founded Risk Ident and leads the day-to-day management of the company, responsible for driving the development of the business to serve companies in need of a modern, intelligent approach to fraud prevention, supported by machine-learning technology.

The financial services have always had a complex relationship with cloud computing. Faced with increased competition from fintech players, many retail banks for example, are looking to expand their consumer offering faster and more cost-efficiently, leading to quicker return on investment and competitive advantage. Cloud environments offer these organisations the potential to develop innovative services more quickly, however, for them to be able to take full advantage, many things still need to change.

Atlantic Capital Bank, NA announced today that Julie Schriver has joined its team as a Treasury Sales Officer. Schriver joins Atlantic Capital with more than 20 years of experience, most recently with SunTrust, where she served in a similar capacity and was recognized for her remarkable client-centric strategies which produced sustainable portfolio growth for clients across the Tri-Cities and Knoxville area.

Reval, the leading global provider of a cloud-based platform for Treasury and Risk Management (TRM), is now certified as a Great Place to Work® by the independent analysts that review high-trust, high-performance workplace cultures, globally.

After Clearing and Settlement as a blockchain use case, the next big area of interest is Trade Finance.  This is primarily because it’s an area full of inefficiencies and open to fraud.  Bills of Lading and Letters of Credit are old world methods of managing the shipping of goods and services, and the potential to replace these paper processes with digitalised operations via blockchain has become carpe diem in the last few months.  (Ed: are you being ironic by saying that you can seize the day in months?)

Today many financial and insurance companies realized the importance of consistent and personalized customer experience as a crucial factor for their business success. The customer communications management (CCM) solution GMC Inspire invented by GMC Software helps enterprises to manage and execute customer communications across multiple channels including desktop, web, tablet and mobile. Basically the solution turns all possible touch points of the customer journey into sellable advantages through dynamic communications.

Distributed ledger technology, more commonly known as blockchain, has great potential to drive simplicity and efficiency through new financial infrastructure and processes, but it should not be seen as the only technological tool forming the foundation of next generation financial services. This is the main finding of a World Economic Forum report entitled, “Opportunities & obstacles: Blockchain and the future of financial infrastructure” released last week. The report was developed in conjunction with Deloitte.

HyTrust Inc.  announced enhanced capabilities for its workload security platform to support organizations with virtualized, public, private or multi-cloud environments for popular cloud technologies including Amazon Web Services, IBM, EMC, Intel, Microsoft and VMware.