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.

Human Layer Security company Tessian today announces that it has raised $65 million in Series C venture capital funding to accelerate its mission of quantifying and preventing human risk in global enterprises, and empowering people to do their best work without security getting in the way.

Kaspersky Innovation Hub (iHub) announces the fifth Open Innovation Program for tech startups and mature companies developing consumer projects in the areas of fintech, gaming, and future household.

Napier, provider of next-generation anti-financial crime compliance solutions, has continued its aggressive global expansion strategy with the opening of a second APAC office within 10 months.

Torstone Technology, a leading SaaS provider of post-trade securities and derivatives processing, announced today that ABG Sundal Collier (ABG), the Nordic investment bank, is extending its use of the Torstone platform to include middle office workflow in addition to Nordic settlement services. 

Data published by EMVCo shows that at the end of 2020, 10.8 billion EMV® chip cards were in global circulation – an increase of nearly 1 billion compared to the previous twelve months. In addition, EMVCo reports that 66% of all issued cards are EMV, with over 86% of all card-present transactions conducted globally using EMV chip technology.