Few sectors present a more attractive target to cybercriminals than the data-rich and highly-digitised financial services industry. In fact, recent data indicates a disturbing upward trend in ransomware attacks on financial services institutions, with the incidence rate climbing from 55% in 2022 to 64% in 2023. Take banks as an example.

Privat 3 Money (P3) is enhancing its established partnership with ClearBank, a cloud-based clearing bank, to revolutionize financial solutions for both corporates and individuals worldwide.

PPRO, the leading local payments platform, has today announced its partnership with Buy Now, Pay Later (BNPL) provider Afterpay. This  will enable US, Europe, China and Hong Kong-based e-commerce merchants and payment service providers (PSPs) to sell directly to US consumers using Afterpay.

Tuum, a leading next-generation core banking provider, and DDCAP Group™ (DDCAP) have partnered to offer a pre-integrated fintech solution to enhance the end-to-end trade execution and processing of Sharia-compliant transactions.

Building the UK’s greener digital bank, Tandem has increased its 1 year fixed saver rate to 5.12%, making it one of the leading rates available today.

A saver who deposits £1,000 with Tandem could see a balance after the 1-year term of £1051.20.

Cytora, the leading digital risk processing platform, has launched the Risk Flow Academy, a selr-service digital learning platform designed specifically for commercial insurance professionals. This innovative initiative is the first comprehensive training resource focused on digital risk processing for the industry.

Clearspeed, the leading provider of voice analytics technology for risk assessment at scale in the government, insurance, banking, sports integrity, and security sectors, today announced the appointment of Kim Garland to Clearspeed’s advisory board. Garland brings over 35 years of experience in leading insurance corporations to success by implementing innovative business growth strategies and driving change amidst complex challenges.

Zilch, the world’s first ad-subsidized payments network (ASPN), today announced its latest milestone: surpassing 4 million registered customers within just 44 months of launch.

Velotix, a pioneering provider of a revolutionary AI-driven Data Security Platform (DSP), proudly announces a significant investment from Barclays Bank and Capri Ventures. This investment solidifies Velotix's position as the premier choice for leading financial institutions seeking advanced data security solutions.