Bezant– a decentralized payment and service platform that helps content creators, influencers, and e-commerce merchants reach their target audiences with fast, secure, and reliable payment solutions – today announces that it reached its pre-sale target of US$16.8m just over an hour after the token sale was opened for participation at 10:00am (SGT) on May 3, 2018. By the time it concluded, Bezant’s token pre-sale had received 7.5 times more applications at US$126m+ than the available token allocation.

ThreatMetrix Q1 2018 Cybercrime Report noted that one quarter of all account registrations from South America are rejected as fraudulent.

From basic internet access to next-generation public transport, a successful city needs to include everyone, and that requires collaboration across private, public and civic partners.

An independent payments consultancy, CMSPI, has initiated a complaint with the European Commission over changes Visa is making to its fees, claiming the card scheme’s actions could cost small businesses in Europe more than $2 billion a year.

Today Fidor Group has been recognised for its innovative and differentiating customer experience, as one of the pioneers in the use of open APIs in banking.

After an eventful two months of hosting blockchain meetups across Europe, Blockshow is bringing their journey to a close with the featured conference, BlockShow Europe 2018. For the main conference in Berlin (May 28-29), over 80 blockchain experts will share insights from their expertise on a wide range of blockchain and crypto related topics.

Sopra Steria has today announced a new application management contract with Co-op Insurance. The master service agreement (MSA) provides not just Co-op Insurance, but all members of the wider Co-op business, one of the world’s largest consumer co-operatives, access to all of the skills and capabilities within Sopra Steria. The contract enables Co-op Insurance to maintain existing stability whilst providing support and development services for key existing business services.

GDPR outlines six principles that organizations need to abide by. These principles aren't new - they were already outlined in the 1995 directive, but GDPR has revised them slightly. We delve into each principle below: 

1. Lawfulness, fairness and transparency

Our last blog, on Legal Bases, falls within this principle. Controllers essentially need to ensure that the processing activity doesn't break the law and even if it is legal, it should be above board.