Shanghai Commercial & Savings Bank (SCSB), one of the listed banks in Taiwan, has selected Temenos and IBM to replace its legacy core systems with Temenos open platform for composable banking.

The retail banking sector, and society as a whole, face the challenge of low levels of financial literacy among consumers. So many of the most important decisions we make concerning how much money we are making, spending and saving are taken with little expertise or guidance. In fact, there’s an irrational hesitancy to talk to anybody when it comes to money. 

Lucinity, an anti-money laundering (AML) software developer has hired Cate Wright as Head of Customer Success to strengthen its customer success team. Cate is a veteran of the anti-financial crime sector, with 17 years of experience from firms including BAE Systems, RiskScreen, and ALLIANZ.

Currency trading is one of the most frequently used ways of earning money online in today’s world and a great number of people want to try their luck in this field on a daily basis. However, the majority of novice traders fail to realize that this process is not as easy as it might seem at first glance and that it is connected with significant risks in the long run. Bear in mind that sometimes it is extremely hard even for experts to accurately deduce risks in the market and carry out necessary measures in order to avoid serious damage.

Torstone Technology, a leading global SaaS platform provider for post-trade securities, and derivatives processing announced today that Davy Capital Markets, Ireland’s leading capital markets firm and a member of the Bank of Ireland Group, has entered into an agreement to utilise the Torstone Platform for its post-trade processing.

Today, Acronis, a global leader in cyber protection, unveiled its mid-year cyberthreats report, conducted by Acronis’ Cyber Protection Operation Centers, to provide an in-depth review of the cyber threat trends the company’s experts are tracking.

Weighing up risk is a key part of deciding who gets access to financial services. Most financial institutions (FIs) around the world work out the risk profiles of potential customers by looking at ‘traditional’ data sources – such as utility bills and credit card statements – and using these to work out a credit score.

AutoRek, a leading regtech firm, is accelerating its global growth plans to meet the rapidly rising demand for its financial control and regulatory reporting solutions. With a team growth of 40 people this year, the drive continues for 30 more positions across the U.K.

Coinme®, a leading cryptocurrency cash exchange in the U.S., today announced the availability of cash onramps to six additional cryptos that are live on Coinme-enabled Coinstar® kiosks in the U.S.