GlobalPlatform, the standard for secure digital services and devices, has reported a 25 percent increase in the number of Trusted Execution Environment (TEE)-enabled processors being shipped quarterly, year-on-year. At this rate, it is expected some 10 billion devices will feature TEE-enabled processors by the end of 2018.

The TALL Group of Companies, the UK leader in the provision of secure paper and electronic payment solutions, has been appointed authorised distributor and service partner to sell and support Olivetti banking products in the UK and Ireland from specialist manufacturer Olicom, the new owner of Olivetti banking&postal specialised printers The strategic partnership has been designed to provide the banking and financial sector with improved access to these innovative printing solutions.

Wealth management fintech firm JHC Systems (JHC) has today announced that Davy Private Clients has implemented its digital portfolio monitoring tool, JHC Neon (Neon), for its Portfolio Construction Team. Neon will automatically monitor and analyse every client portfolio daily in order to assess all positions, asset allocations and risk profiles within the team’s investment models. Through the system’s unique digital dashboard, Davy will have access to all the information the team needs to analyse, track and resolve any adjustments required.

Having been in force for just six months, the GDPR has changed the face of data protection as we know it – even at this early stage of its implementation. Businesses and consumers are already seeing the positive consequences of compliance. This extends from improved data privacy and security through to organisations discovering the real value of their data.

Open Banking is one of the most radical changes in the recent history of financial services and has already dramatically impacted the investment decisions of financial services companies, according to a new report (Opportunity Knocks) published today by UK law firm TLT.

As part of their latest project, MTN, the top African telecoms operator is preparing to apply for a mobile banking license in Nigeria. This is the latest push by the Nigerian central bank to increase access to basic financial services.[1] 

Singapore-based community cryptocurrency exchange, Cryptology Exchange today launches a new functionality that allows users to trade cryptocurrency on margin – letting experienced traders execute trades with borrowed money. 

Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, launches a new user-friendly and simpler platform tailored to the growing segment of investors.

Today, Saxo Bank launches SaxoInvestor, a new platform that gives the growing investor segment the opportunity to build long-term portfolios across stocks, bonds, mutual funds, ETFs, and SaxoSelect portfolios.

Anti-Money Laundering (AML) and terrorism prevention are key questions in modern finance. Most such policies are determined on a governmental or even international level. A company’s failure to comply with AML regulations may result in hefty fines and loss of credibility. In order to prevent such incidents the banks form their customer relationship policies based on Know Your Customer (KYC) principles.

KYC is based on client personal data collection and it allows to: