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Multiple botnets disrupted as part of anti-fraud operation

The internet scored a win after an FBI-led takedown disrupted a massive, multiyear scam that saw cyber criminals use botnets to manipulate internet traffic from 1.7 million IP addresses and generate nearly 30 million dollars in fraudulent ad revenue. F-Secure supported the takedown operation by providing threat intelligence on the scam’s malware campaigns and botnets.  

Wednesday, November 28, 2018 - 12:14
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/news/fraud-detection/multiple-botnets-disrupted-part-anti-fraud-operation
CloudMargin Named “Collateral Management and Optimisation Product of the Year” at Risk.net Markets Technology Awards 2019

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, announced today that its platform has been named Collateral Management and Optimisation Product of the Year at the Risk.net Markets Technology Awards 2019.

Wednesday, November 28, 2018 - 12:11
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/news/cloud/cloudmargin-named-collateral-management-and-optimisation-product-year-risknet-markets
Pelican strengthens trade finance compliance team with senior appointment

Pelican, a global provider of AI-powered payments and financial crime compliance systems for banks and corporates, has strengthened its compliance management team with the appointment of Byron McKinney as Trade Finance Compliance Product Manager, based in Pelican’s London headquarters.

Wednesday, November 28, 2018 - 10:06
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/news/compliance/pelican-strengthens-trade-finance-compliance-team-senior-appointment
Financial IT
Agorai Announces Strategic Partnership with Neuramatix

Agorai, a global platform which provides an inventory of turnkey software solutions, technology, and data needed for any company to join the AI economy, today announced that Neuramatix, a provider of artificial intelligence tools powered by a proprietary neural engine called NeuraBASE, is joining the Agorai AI marketplace.   

Wednesday, November 28, 2018 - 09:54
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/news/artificial-intelligence/agorai-announces-strategic-partnership-neuramatix
Financial IT
Cathay Bank Selects QuantaVerse AI Financial Crime Solutions to Create a More Effective AML Program

QuantaVerse, the first in the market with artificial intelligence (AI) solutions purpose-built for identifying financial crimes, today announced it has signed an agreement with Cathay General Bancorp, a holdin

Wednesday, November 28, 2018 - 09:48
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/news/artificial-intelligence/cathay-bank-selects-quantaverse-ai-financial-crime-solutions-create
Financial IT
Prospera large corporate customer survey: Nordea No 1 in the Nordics

Nordea Corporate & Investment Banking (C&IB) was chosen as the best corporate bank among large Nordic corporates with an all-time high customer satisfaction score in the 2018 Prospera survey. In both Finland and Denmark, Nordea was ranked as number one among peers, with all-time high customer satisfaction scores.

Wednesday, November 28, 2018 - 09:45
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/news/banking/prospera-large-corporate-customer-survey-nordea-no-1-nordics
CLS’s DLT payment netting service goes live with Goldman Sachs and Morgan Stanley

CLS today announces that CLSNet, a standardized, automated bilateral payment netting service for over 120 currencies operating on a distributed ledger technology (DLT) platform, is now live with Goldman Sachs and Morgan Stanley. Six additional participants from North America, Europe and Asia, including Bank of China (Hong Kong), have committed to joining the service, with a steady onboarding of several other market participants planned in the next few months.

Wednesday, November 28, 2018 - 09:43
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/news/payments/clss-dlt-payment-netting-service-goes-live-goldman-sachs-and-morgan-stanley
QuantHouse appoints new COO and CTO

QuantHouse, the independent global provider of high performance systematic trading solutions including innovative market data services, algo development tools and global network infrastructure, today announced the appointments of Emmanuel Carjat as Chief Operating Officer (COO) and Denery Fenouil as Chief Technology Officer (CTO).

Wednesday, November 28, 2018 - 09:41
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/news/data/quanthouse-appoints-new-coo-and-cto
Solactive Launches new Sharing Economy Index

Solactive is pleased to announce the launch of the Solactive Sharing Economy Index. It tracks companies active in the Sharing Economy, and other modern economies such as on-demand and subscription.

Wednesday, November 28, 2018 - 09:39
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/news/infrastructure/solactive-launches-new-sharing-economy-index
Banking Competition Remedies Ltd (BCR) Incentivised Switching Scheme application window to close in three days

Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package, today highlights the imminent closure of the application window for the Incentivised Switching Scheme (ISS) - this Friday 30 November at 17:00 UK time.

Wednesday, November 28, 2018 - 09:36
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/news/banking/banking-competition-remedies-ltd-bcr-incentivised-switching-scheme-application-window

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