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ICO opens Sandbox beta phase to enhance data protection and support innovation

The Information Commissioner’s Office (ICO) has opened the beta phase of its Sandbox, a new service designed to support organisations using personal data to develop products and services that are innovative and have demonstrable public benefit.

Friday, March 29, 2019 - 09:10
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Financial IT
Brickblock Tokenizes the First Property in Europe

Today, Brickblock achieved a significant milestone by tokenizing a real estate vehicle carrying an approximately €2 million property in Wiesbaden, Germany. The sale was exclusive to eligible investors.  

Friday, March 29, 2019 - 08:48
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Financial IT
Kakao's Blockchain Project 'Klaytn' Introduces Its Public Testnet 'Baobab' to Drive Mainstream Adoption of Blockchain

Ground X, the blockchain subsidiary of the leading South Korean mobile platform, Kakao, has released its public testnet Baobab, along with the updated position paper, which highlights the technical architecture and direction of Klaytn. 

Friday, March 29, 2019 - 08:36
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Financial IT
Deutsche Bank to use Nasdaq tech to operate single dealer platform

Deutsche Bank Securities Inc. (NYSE: DB) and Nasdaq (Nasdaq: NDAQ) are pleased to announce that Deutsche Bank’s new Single Dealer Platform will be developed with Deutsche Bank, and hosted and operated by Nasdaq’s market technology. The expected go-live is targeted for Q3 2019. 

Friday, March 29, 2019 - 07:52
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/news/banking/deutsche-bank-use-nasdaq-tech-operate-single-dealer-platform
Financial IT
Preparing for the Worst: Why Cyber Insurance is no Longer a Luxury

In recent years we’ve seen a huge financial fallout for organisations that have suffered large-scale cyber attacks; from the £500,000 slapped on British Airways for the 380,000 compromised card payments of customers, to the possible $915m fine that Marriott may face following the enormous data breach last year. These repercussions are only likely to worsen as the volume and severity of attacks increases.

Friday, March 29, 2019 - 07:49
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Financial IT
Wolters Kluwer and Equifax Team Up to Offer End-to-End CECL Solution

Equifax, a global data, analytics, and technology company, and Wolters Kluwer’s Finance, Risk & Reporting (FRR) business, are teaming up to provide an end-to-end Current Expected Credit Losses (CECL) solution. The companies are combining their respective CECL offerings and capabilities to help financial institutions comply with new standards instituted by the Financial Accounting Standards Board (FASB) for a complete solution that ensures an integrated and supportable framework.

Friday, March 29, 2019 - 06:48
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/news/compliance/wolters-kluwer-and-equifax-team-offer-end-end-cecl-solution
Financial IT
FINOS Community Delivers Version 1.0 of Financial Desktop Interoperability Open Standard

The Fintech Open Source Foundation (FINOS), a nonprofit that promotes open innovation in financial services, today announces the release of the first major version of the Financial Desktop Connectivity and Collaboration Consortium (FDC3) standard.

Friday, March 29, 2019 - 06:44
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/news/infrastructure/finos-community-delivers-version-10-financial-desktop-interoperability-open
Financial IT
Finance and real estate expert joins WMCA to drive investment in the region

An expert in finance and real estate will be driving major investment programmes in the West Midlands. Ian Martin has been named as investment and commercial activities director for West Midlands Combined Authority (WMCA). He will lead the development of the WMCA’s investment strategy and ensure its capital investment programme is on track to deliver £ 8bn worth of benefits to the region over the next 30 years. 

Friday, March 29, 2019 - 06:41
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Financial IT
Digital Innovation Shouldn’t Require A Trust Fall

In conversations with banking and finance customers around the world, I hear the same message again and again: We must embrace digital disruption to get an edge. But I also hear another message: Can we trust software providers with our most sensitive information? 

Friday, March 29, 2019 - 06:38
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Data Protection World Forum releases third issue of Data Protection Magazine, featuring exclusive Max Schrems Q&A

Data Protection World Forum is delighted to announce that the latest instalment of Data Protection Magazine now free to view online.

Issue three features an exclusive Q&A with data privacy activist and noyb.eu co-founder Max Schrems; Brexit / data privacy analysis from Ivana Bartoletti, Head of Data Privacy at Gemserv; many more features, exclusive articles and discussion from industry leaders.

Ten months on from GDPR’s implementation, we look at the laws’ achievements and how they are influencing policy worldwide.

Friday, March 29, 2019 - 06:30
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Financial IT

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