The Information Commissioner’s Office (ICO) is urging the finance sector to build in data protection from the start when considering data analytics projects.

A toolkit designed to help compliance with data protection law when using data analytics was recently launched by the ICO.

The toolkit guides users through considerations in relation to compliance with data protection law including information rights of the public.  This then connects with building public trust and confidence when using data analytics. 

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today released a new white paper that explores the risks created by U.S. Treasury market fragmentation.

NICE CXone (Nasdaq: NICE) today announced one of the largest financial institutions in Latin America has chosen CXone, the industry’s most proven, complete and smart customer experience platform, for a comprehensive move of 10,000 agents to the cloud. It is phasing out an outdated on-premises system in favor of a more flexible, scalable option with CXone that is expected to drive down costs while improving customer and agent experiences.

Alex Scheinman, Managing Director, ACA Aponix.

"The General Data Protection Regulation (GDPR) reached its third-year anniversary on 25 May 2021, and has had a significant influence in shaping data privacy regulation around the globe. This includes in the US and countries outside of the EU, with most of the recent enacted privacy regulation as well as draft regulations having been influenced by the EU’s data protection framework – the regulation is undoubtedly set to continue evolving globally.

At some point during the early mists of cloud computing (pun intended), we thought all virtualised or containerised applications were intended to be delivered from public cloud compute and storage resources. But very quickly and collectively, users and the technology industry itself got to grips with the need to offer some cloud resources outside of multi-tenant public cloud facilities in the form of private cloud. 

Zeta, a banking tech startup, announced today that it has secured $250 million in investment from SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 billion. This is one of the largest single investments in a banking tech startup globally.

Fintech firm, Paylink Solutions, has hired Andrew Alder as Director of Developments and Partnerships as they increase their client base across the collections, debt advice and lending markets - and support the UK’s financial services sector to meet increased consumer and regulatory demand.

OneSpan™, the global leader in securing remote banking transactions, today announced that Belfius Bank has integrated OneSpan Mobile Security Suite (MSS) into its mobile app to help protect its customers from the growing impact of cybercrime. OneSpan’s technology provides biometric authentication, risk analysis and other app security best practices behind the scenes to improve the experience of the bank’s 1.5 million mobile users.  

Stephen Kelso, Head of Markets, ITI Capital comments:

“Bitcoin is a volatile asset, as demonstrated by the extended deleveraging from liquidations on retail trading platforms over the last week.  The substantial draw-down has triggered fresh scrutiny from some traditional banks and institutional asset managers across Europe.