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CLX Communications appoints new CFO

CLX Communications AB, a global leader in cloud communications for customer engagement through mobile technology, today announced the appointment of Roshan Saldanha as its new Chief Financial Officer. Roshan joins CLX from a previous role as CFO of Tele2 Sverige AB, Sweden's second-largest telecom operator, and will assume his role at CLX on March 5, 2019.

Wednesday, December 12, 2018 - 08:00
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Experian to acquire South Africa's Compuscan for $263 million

Actis, a leading growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and analytics services, to Experian for ZAR3.72 billion (USD263 million).

The acquisition is subject to review by the competition regulator in South Africa.

Established in South Africa in 1994, Compuscan started as a credit bureau, focused on the micro-lending industry. It enabled micro lenders to avoid financial loss by identifying clients’ repayment probability before issuing a loan.

Wednesday, December 12, 2018 - 07:58
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/news/ma-deals/experian-acquire-south-africas-compuscan-263-million
NEW DTCC RISK SURVEY REVEALS GROWING CONCERNS OVER BREXIT’S SYSTEMIC IMPLICATIONS

The slower than expected negotiating progress between the United Kingdom and the European Union and the ongoing uncertainty of the outcome has positioned Brexit as a top systemic risk concern for 2019, although cybersecurity and other geopolitical risks around the globe continue to dominate the risk landscape, according to a new survey published by The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry. 

Wednesday, December 12, 2018 - 07:26
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/news/risk-management/new-dtcc-risk-survey-reveals-growing-concerns-over-brexits-systemic
DataArt partners with R3 to build blockchain solutions on Corda distributed ledger platform

DataArt, a global technology consultancy that designs, develops, and supports unique software solutions, today announced that it has partnered with R3, an enterprise blockchain software firm, to develop innovative products and solutions on R3’s Corda platform.

Tuesday, December 11, 2018 - 18:10
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/news/blockchain/dataart-partners-r3-build-blockchain-solutions-corda-distributed-ledger-platform
Financial IT
Actis sells African credit information and analytics business Compuscan to Experian

Actis, a leading growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and analytics services, to Experian for ZAR3.72 billion (USD263 million).

The acquisition is subject to review by the competition regulator in South Africa.

Established in South Africa in 1994, Compuscan started as a credit bureau, focused on the micro-lending industry. It enabled micro lenders to avoid financial loss by identifying clients’ repayment probability before issuing a loan.

Tuesday, December 11, 2018 - 16:42
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/news/ma-deals/actis-sells-african-credit-information-and-analytics-business-compuscan-experian
Financial IT
genesis partners with OpenFin to accelerate digital transformation in capital markets

genesis, the international capital markets software firm and OpenFin are pleased to announce their partnership, to provide clients with scalable and interoperable technology and desktop solutions, built and deployed at great speed. The partnership helps drive front to back office digital transformation projects across capital markets - from the server to the desktop - bringing together genesis’ ability for agile software development and OpenFin’s application interoperability across financial desktops.

Tuesday, December 11, 2018 - 16:15
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/news/buy-side-back-and-middle-office/genesis-partners-openfin-accelerate-digital-transformation
Financial IT
Cryptomathic and ZetesConfidens team up to deliver eIDAS-compliant remote qualified e-signatures as a service

Governments, banks and enterprises across Europe can now access everything they need to establish the highest level of non-repudiation in eIDAS-compliant remote Qualified Electronic Signature (QES) services via ZetesConfidens’ eaZyCert and eaZySign services.

Tuesday, December 11, 2018 - 11:37
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/news/security/cryptomathic-and-zetesconfidens-team-deliver-eidas-compliant-remote-qualified-e
Managing Risk in the Era of Customer Experience

Delivering an excellent customer experience and managing risk are among financial institutions’ top priorities. Notably, these priorities are solidly linked: as life moves faster and new technologies are introduced to help make our financial lives easier, the risks also grow. When money moves quickly there is less time to catch fraud, and proliferating channels mean there are more entry points to monitor.

Tuesday, December 11, 2018 - 11:18
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Online shoppers more vulnerable to spam as the holidays inch closer

New research from cyber security provider F-Secure points to spam as an attack vector to watch out for this holiday season. Spam campaigns disguised as delivery notifications or online shopping invoices have been popular with cyber criminals all year long, and researchers say these tactics can prove even more effective around the holidays. 

Tuesday, December 11, 2018 - 11:12
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/news/security/online-shoppers-more-vulnerable-spam-holidays-inch-closer
Equiniti Riskfactor wins US client Eagle Business Credit

Equiniti Group plc, the FTSE-listed share services and fintech business, is delighted to announce that its risk management business, Equiniti Riskfactor, has been awarded a contract with Eagle Business Credit, the Atlanta-based factoring company which launched in 2013 and provides flexible funding solutions for small businesses.

Tuesday, December 11, 2018 - 11:09
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/news/risk-management/equiniti-riskfactor-wins-us-client-eagle-business-credit

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