Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, today announced a record-breaking Q1, with sales growing more than 140%. This growth spans the globe and multiple industries, including government, financial services and mobility.

Dreams (www.dreamstech.com), the financial wellbeing platform and leader in engagement banking solutions today announces the appointment of Russell Prince-Wright, Jason Curtis and Peter Hedlund, to join Dreams’ senior management team as Regional Directors and drive the company’s B2B expansion.

 LPA, the capital market technology and advisory firm, today announced the hire of Kristian Liiv as the new Regional Manager for Scandinavia. 

Arbor Steel has raised £200,000 in a pre-seed funding round to bring its digital identity citadel to customers. Developed following a £100,000 InnovateUK Grant, the platform provides a secure and efficient way to share personal data and interact with services whilst maintaining control.

Legatics, the leading legal transaction management platform, has appointed David Biggs as Chief Financial Officer. Biggs joins Legatics from Farewill, the digital will and probate provider, and he will work with the board and the growing executive team to help scale the business. 

The Dow Jones looks like it is breaking up out of a significant consolidation period to re-continue the previous up-trend higher.

The Nasdaq appears ready to collapse through the bottom of its recent trading range.

The SP500 looks confused running from one side of the boat to the other.

While Australian equities and currency are torn between slowing global growth and high commodity prices?

Overview:

Consumer attitudes to financial services have changed radically. A waning enthusiasm for traditional banking services in favour of digital alternatives, especially among the young, was already apparent pre-COVID. Now it is becoming clear just how much the pandemic has hastened new behaviours and expectations.

Earlier this year, UK financial regulators expressed their concerns over British banks’ increased dependency on a handful of cloud service providers. There is genuine fear that an outage or cyberattack on a cloud provider could severely disrupt a banking system, preventing millions of people from accessing their finances or having their financial data leaked. This has caused regulatory bodies to step up their scrutiny of cloud computing.