Financial services firms are least likely to have confidence in the effectiveness of their cyber security detection mechanisms compared to other sectors, according to new research from the latest Global Fraud and Risk Report released by Kroll, a division of Duff & Phelps, the global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions.

Onguard, the fintech company that offers a platform which streamlines the entire order-to-cash process, has announced the appointment of Marieke Saeij as CEO, effective as of November 1st. Saeij has been the CTO at Onguard for three years and is the successor of Bert van der Zwan, who held the positions of Chairman of the Board and CEO for over four years. Van der Zwan will continue to be involved in several other boards within the portfolio of Main Capital, Onguard’s investors.

Last week, fintech, banking, retail and gaming professionals attended the UK’s largest payments event, PayExpo 2019. Event attendees visited a series of conference sessions, debates and networking opportunities – and start-ups had the chance to consult the Department for International Trade (DIT) on how to scale their small businesses.

With 2020 in sight, now is the perfect time to pause and reflect on the past three months and see how the world of biometrics has evolved since our last update.

With everything from high profile announcements to some news you may not have heard, Q3 2019 has been fascinating. Here’s our run-down of the big biometrics news stories.

Access all areas

Excitingly, the use of biometrics continues to diversify into a broad selection of sectors. A leading example is access.

With the advent of the smartphone, and the rise of interconnected devices we’ve seen the creation of a world where practically everyone has instant online access 24/7.

In turn, we’ve seen rising demands from consumers for quick and easy access to their money at any time and on any device.

However, almost simultaneously we’ve seen consumers show greater concern about their digital security, especially in light of recent high profile data breaches.

MDOTM, a leading provider in quantitative investment advisory services to institutional investors, and Raiffeisen Capital Management, one of Austria’s largest fund managers, announce a new strategic partnership.

Thanks to this new initiative, the range of Raiffeisen Capital Management's sustainable funds will be used by MDOTM to offer to the market SRI investment solutions that benefit from the efficiency brought by AI technology in portfolio construction.

QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced the launch of Historical Data on-Demand designed to dramatically speed up the research, development and backtesting phase of any trading strategy.

Horizon Software (Horizon), a leading provider of electronic trading solutions and algorithmic technology, and ULTUMUS, a provider of data services for index and ETF products, announced today they extended their partnership to enable the pricing, sourcing and trading of ETFs with a comprehensive dividend dataset integrated within the Horizon solution.

Towo Labs, a Swedish startup aimed at simplifying crypto self-custody, today announced a strategic investment from Xpring, Ripple’s developer initiative to build the internet of value. 

The investment will support Towo Labs’ development of hardware wallet firmware with support for all XRP Ledger (XRPL) transaction types and a trustless, non-custodial web interface to the XRP Ledger.

Enabling All XRPL Transaction Types on Hardware Wallets

Cyber security provider F-Secure has successfully completed its first-round of the MITRE ATT&CK™ evaluation. The test assesses vendors’ endpoint detection and response (EDR) solutions against techniques used by advanced persistent threat (APT) groups. It confirms that F-Secure’s capabilities to detect advanced threats are among the best in the industry.

Round one of the evaluation involved a scenario that pitted F-Secure’s EDR capabilities against an entire intrusion by APT3, a China-based Advanced Persistent Threat group.