The acquired cybersecurity business unit is focused in hunting and detecting breaches and threats in their clients’ networks as a continuous managed service. This business and client relationships help Nixu to strengthen its market position as one of the largest cybersecurity service providers in the fragmented Swedish market. Nixu has earlier acquired three companies in Sweden since entering the Swedish market in 2016. The acquired cybersecurity operations reported about MEUR 1.6 in revenue in 2018 and are growing fast.
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The Money 20/20 Asia conference takes place in Singapore on 19-21 March. The city-state has long hosted successful large scale conferences. Singapore has also long been recognised as a place where it is easy to establish and operate financial services and Information Technology (IT) businesses.
Robocash Group announced the launch of sharia compliant service Penyaluran Dana Syariah (PDS), which is a sharia compliant funding facility. The service has been developed from the ground up in partnership with the financing company Reliance Finance and close consultation with Sharia Supervisory Board (Dewan Pengawas Syariah).
WeChat, one of the world's most popular mobile apps and social networks, brought home iF Gold Award for its smart retail innovation, Scan & Go. It is the first ever Chinese product to win gold in the iF Service Design category. Established in 1953, the German-based iF Design Award has always been known for its "Independent, Rigorous and Reliable" standards.
ING has been informed by the Banca d'Italia of their report with conclusions regarding shortcomings in AML processes at ING Italy. ING will analyse the findings from an inspection conducted from October 2018 until January 2019 and will discuss them further with the Banca d'Italia. In line with the enhancement programme announced last year, it is taking the necessary steps to improve processes and management of compliance risks as required by the Banca d'Italia.
The IPChain Association and the Skolkovo Foundation organized a thematic round table dubbed, "New types of intangible assets and their relation to intellectual property", within the Global IP Exchange in the German capital. The event brought together high-profile experts to discuss new types of intellectual property objects and other intangible assets, as well as to provide an overview of the situation in various markets.
As MP’s voted last night for Theresa May to seek an extension to Article 50 and delay the UK’s exit from the EU, GBP remained steady against the euro, despite fears that any proposed delay could tip the pound into a downward spiral.
We expect the markets to react very quickly once it is clear what direction the Brexit process is heading so we’re advising our customers to make any currency exchanges now
Covr Financial Technologies, a digital life insurance platform for financial institutions, today announced the launch of an industry-leading Covr LTC Estimator for financial advisors, the first digitally enabled asset-based long-term care multi-carrier comparison tool. Long-term care insurance protects the assets of the senior population in the case of a serious medical condition and covers services not covered by health insurance.
Commercial Bank has become the first bank in Qatar to join enterprise software firm R3’s collaborative initiative to develop innovative applications and solutions on its Corda blockchain platform.