The pandemic has raised the threat of cyber attacks for businesses. Many reports show an alarming increase in incidents in the last year, with the attack methods of cyber criminals becoming increasingly sophisticated. Despite this, boards are still not taking the initiative when it comes to cyber security.
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Funding Options, the leading platform for business finance, has today launched the UK’s first Green Finance marketplace.
Fintech scale-up Pleo, which offers a simplified expense management tool and smart company cards, has just raised its Series C round totalling $150m (USD). This is the all-time largest Series C raise in Danish history - and one of the biggest Series C rounds in European fintech -
Integrated (or ‘Holistic’) Surveillance has been a hot topic in the industry for several years because of the view that bringing together diverse data sets and analysing them holistically will lead to enhanced risk mitigation and business insights.
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
‘’The WISE listing will be another test for London as a Fintech hub, as the UK grapples with its post-Brexit status in an era when it has struggled to attract fast growing companies looking to launch an IPO.
Insurance company RESO-Garantia, a partner of AXA Group in Russia, is digitalizing auto insurance using AI-driven OCR technologies developed by Smart Engines. The precise automatic scanning via Smart ID Engine is applied for processing insurance policies online. The software product captures data from ID, driver’s license and vehicle registration certificate to help the insurance company provide its customers with fast and secure remote onboarding.
A research report from financial performance management and business intelligence consultancy, MHR Analytics shows that finance teams want to be in control of their own digital and data futures, rather than being led by IT or external consultants.
TS Imagine, the cloud-based multi-asset Order and Execution Management System (OEMS) provider and IHS Markit have announced their partnership whereby the OEMS TradeSmart platform, in combination with IHS Markit’s live evaluated bond pricing data, which is globally recognized as a leading-edge source of live market intelligence, will provide real time insights into the global fixed income bond market. A top five German asset manager has become the first end client of the combined solution.