It is coming, and it will be unlike any boom in the past.

Although the dust has settled in the media on the €3.5 Billion Wirecard scandal that shocked not only the payments industry but the financial services sectors around the world, the operational nightmares are just beginning for those organisations directly affected.

Financial crime is evolving, adaptable, and pervasive. Criminals will always look to capitalise on any uncertainty or unrest to commit fraudulent acts against those who are vulnerable and unprepared, be they everyday consumers, small local businesses, or huge international organisations. The COVID-19 pandemic has presented yet another opportunity for criminals to do just that. Financial institutions have a vital role to play in the prevention and fightback against such financial crime.  

GigaSpaces InsightEdge Smart Operational Data Store (ODS)/Digital Integration Hub (DIH) has been named the Best Data Tool and Platform of 2021 as part of the annual SIIA CODiE Awards.  The CODiE Awards recognize the companies producing the most innovative business technology products across the country, and around the world.

Singapore: Diginex Limited, recently rebranded as  EQONEX Group (the “Company”), a digital assets financial services company, today announced that total spot and derivative trading volumes on EQONEX, its  cryptocurrency exchange, exceeded US$5 billion over the past 30 days. 

Entrust, a leading provider of trusted identities, payments and data protection, today announced that it has become a Visa Ready certified partner, offering their market-leading portfolio of Instant Financial Card Issuance solutions and expert guidance to help financial institutions create a smart, secure and convenient issuance exper

NCR Corporation (NYSE: NCR), a global enterprise technology provider, today announced that it is recognized as an overall leader in Javelin’s 2021 Small Business Digital Account Opening Scorecard. Additionally, the report recognizes NCR Terafina as the leader in the user experience evaluation category and among the top three vendors evaluated in the customer journey and administrative tools categories.

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking^® division announced today that $2.5 billion-asset The National Bank of Indianapolis has migrated to the SilverLake System^® core to meet growing commercial and small business demand.

Commenting on sterling falling as the Bank of England expects inflation in excess of 3%, Olivier Konzeoue, FX Sales Trader at Saxo Markets, said: “The BoE chose to maintain accommodative measures in place, keeping the Benchmark Interest Rate at 0.1% and holding government asset purchases at GBP 875Bln, whilst outgoing chief economist Haldane was the only dissenter voting against keeping the bond-buying program unchanged (8-1 split on the topic).

The Independent Sustainability Agency Standard Ethics^[1] confirmed Fineco’s “EE+” rating for the second consecutive year – one of only two credit institutions currently awarded the most solid sustainability score .

As the roll-out of 5G continues, Louise Lunn, Vice President, Global Analytics Delivery at FICO examines the challenge for banks and their partners

The comprehensive roll-out of 5G across the UK and the rest of Europe is due to be completed within the next five years. Many analysts, however, agree there’s already a notable lag behind North America and Asia, so banks in Europe must ensure they are ready to utilise the upgrade the moment it is complete.