I read with interest the article in the FT that looked at how Cyber security efforts have turned proactive after sophisticated attacks and detailed what organisations are now proactively doing to prevent attacks. In particular the article homed in on how concerns have now spilled over into mergers and acquisitions, where cyber security has become a much greater focus for due diligence. Indeed, a spokesperson from Linklaters stated how deals have n
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When large organizations – complex in structure and deliberate with their decision-making – and startups – rapidly-paced innovators with powerful technologies – sit at the same table, it’s easier to see the (many) differences. The former may employ 50,000 people, while the latter could’ve been founded in a municipality half the size.
Sageworks, a financial information company that offers lending, credit risk and portfolio risk solutions to banks and credit unions, today announced the release of Agile Bankers – How Community Banks are Addressing Disruption, Risk and Growth.The free eBook provides insights into how executives from institutions ranging in asset size from $320 million to $1.9 billion are tackling various challenges as they steer their banks into the future.
The introduction of the Visa Claims Resolution initiative (aka, VCR) in April 2018 was heralded as a significant development for the payments industry. However, almost six months from its launch, the impact on merchants has been minimal – and many suggest the chargeback process has only become more challenging.
Leading global payments and cloud specialist Renovite Technologies will be in New York later this month to present and discuss the growing importance of Quality Assurance in payments technology in the context of increasing regulatory pressure around new financial products.
FIME has been accredited by Mastercard to deliver biometric authentication testing services for fingerprint in line with its new guidelines for mobile device sensors.
Five Degrees, the Dutch FinTech specialising in digital core banking software, and ieDigital, the UK market leader in digital engagement for financial institutions, together launches a premier digital banking portfolio aimed explicitly to fulfil consumer needs.
The cyber threats faced by key financial markets across the world have been exposed by a new report published today by BAE Systems and SWIFT.
The study examines the different levels of susceptibility and threat faced by parts of the financial markets. It considers how market infrastructures and participants could be exploited by cyber criminals to penetrate organisations across the securities, trade finance, foreign exchange, and banking and payments market segments.
Braintri and iCompass, two leading Polish fintechs servicing the world's largest banks and payment institutions, have begun to merge and prepare a joint offer for the global financial sector. The merger will enable the two to further expand their products and reach out to foreign markets. Until the completion of the merger, both teams will operate under their existing brands. The plan is to rebrand.
Today, Zero Financial, Inc. (Zero) announces that it has raised a total of $16 million in equity and debt funding to date from leading investors including Eniac Ventures, NEA, Nyca Partners, and Silicon Valley Bank.
Zero replaces your checking, savings, debit, and credit cards with a rewards-rich banking experience powered by the Zero mobile app and Zerocard. The app displays deposits, purchases, and transfers in one place with a real-time net balance, giving you one simple number to spend from and track.