Cross-blockchain technology specialist Synapse Network is developing the first cross-chain investment ecosystem based on blockchain technology. It will offer five cross-chain products for the cryptocurrency sector, including a cross-chain DEX and DeFi marketplace, a chain agnostic launchpad bringing together projects and private investors to enable investment opportunities in early-stage startups, and an accelerator and incubator for startups and entrepreneurs, where ideas are converted into working projects.

Wayne Johnson, CEO, Encompass Corporation comments:

“The emergence and adoption of cryptocurrency and blockchain technology has created a new scenario for regulators and fuelled global financial crime – essentially, we are facing a payments technology that transcends country borders, is not subject to rules and legislation associated with fiat systems of currency and, in turn, this has bred a plethora of issues pertaining to untraceable money laundering."

Consumers around the world fear that businesses are now compromising online security in their efforts to deliver seamless digital experiences. According to research released today by Trulioo, the leading global identity verification company, 71% of respondents living in China, the UK and the U.S. feel that online brands are now prioritizing speed over security. 

 Lightspin, the next-generation cloud security platform, announced today that they have been named a Gold Globee® winner for the Security Cloud/Saas Start-up of the Year category in the 13^th Annual 2021 Golden Bridge Business and Innovation Awards. 

Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, launches Round Up feature through its rail ticketing app redspottedhanky. Round up supports charities as they recover from the impact of the pandemic and decreased fundraising revenues.

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world's most complex data-driven challenges.

Vince Graziani, CEO, IDEX Biometrics ASA comments: “Central Bank Digital Currency (CBDC) is continuing to gain momentum and offers huge potential for the financial sector – including transparency, speed, and financial inclusion among the unbanked and those without a smartphone. However, despite the many positives of CBDCs, one element that could slow role out down and risk it becoming just a “fad” is security.

Fintech Partnership program included among best bank-sponsored labs of 2021 by Global  Finance  

Sarah Rutherford, Senior Marketing Director, FICO looks at how financial services providers need to adapt their fraud platforms to mitigate the new risks associated with Open Banking

Data from a Freedom of Information Request to the FCA has revealed that firms are either transaction reporting incorrectly or not adhering to the MiFIR requirement to monitor their reporting using submission data made available to them by the FCA.