As the breadth of cybersecurity threats grow, there is increasing pressure on organisations to ensure the protection of sensitive personal, financial and operational data. Failure to do so could cause major reputational damage, an extended period of operational disruption and leave organisations on the wrong side of regulatory rules, like GDPR.

CISOs rely on information from across the organization about security, particularly from the various IT departments. Unfortunately, the information being fed to CISOs about the state of cybersecurity risk is incomplete. There is a blind spot present – a gaping hole. Data about the security posture of their storage and backup systems is either woefully deficient or missing entirely.

iFX EXPO Dubai 2023 was a resounding success in the financial and fintech space, attracting over 3500 attendees and over 120 industry-leading brands. Held at the Dubai World Trade Centre from the 16^th to the 18^th of January 2023, the event featured over 100 speakers and provided a platform for networking and learning from industry leaders. With an impressive list of sponsors and exhibitors, the event covered a wide range of services and products and provided valuable insights into the industry.

Marqeta, the global modern card issuing platform, announced today that it has entered into an agreement to acquire credit card program management platform Power Finance, Inc. (“Power”). The deal is expected to close in the first quarter of 2023, subject to the satisfaction of customary closing conditions.

In Q1 2023, Refinitiv intends to publish new USD IBOR Cash Fallbacks that are consistent with the Federal Reserve Board’s benchmark replacements for FHFA-regulated-entity contracts (except Federal Home Loan Bank advances) and Federal Family Education Loan Program Asset-Backed Securitizations. 

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, has won the 2023 Risk Markets Technology Award for Collateral Management & Optimisation Product of the Year. This is CloudMargin’s second consecutive win and third win since 2019 in the category, marking its fifth award from Risk.net. Last month, the firm won the FOW International Award for Collateral Management Solution of the Year.

FINBOURNE Technology today announces its partnership with market-leading debt provider, Kreos Capital, to secure up to a £30 million debt facility. The funding forms an extension to FINBOURNE’s Series A round (April 2021).

Tracxn, a leading global SaaS-based market intelligence platform, has released its Fintech UK Report. The report, based on Tracxn’s extensive database, provides insights into the UK’s Fintech space.

The UK has been one of the top Fintech centres and has even been dubbed the global Fintech capital. In terms of startup funding, Fintech is the leading segment in the country. 

Sentry Enterprises has selected the IDEX Biometrics sensor solution and the SLC38 chip from Infineon Technologies to power their next-generation biometric identity platform. Sentry is the creator and maker of the SentryCardTM, a private biometric identity and security solution that operates at the edge, and the soon-to-be-released Sentinel biometric cold storage crypto wallet. The Sentry platform and capabilities compete horizontally across all security, payment, and crypto sectors, as well as across all market segments.

Cryptocurrency has the potential to generate significant wealth for investors, but it is important to be aware that this wealth may be subject to taxation. By understanding the tax implications of cryptocurrency and implementing strategic approaches, investors can minimize their tax burden. In this article, we will provide an overview of cryptocurrency taxes and present some strategies for minimizing tax liability.

6 Ways to Minimize Crypto Tax