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EMVCo Supports Security Evaluation for IoT Products

Global technical body EMVCo has confirmed its security evaluation methodologies and processes support IoT payment use cases, enabling emerging solutions and devices to be evaluated quickly and efficiently.

Wednesday, March 4, 2020 - 10:24
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Financial IT
Starling Bank Creates 400 Jobs in Cardiff with Opening of Third UK Office
Starling Bank

Starling Bank has opened its third UK office, creating 400 data science, fraud and customer service jobs in Cardiff.

The app-only bank has made a strong start to 2020 as it confirmed last month that it has raised a further £60 million from its existing investors, Merian Global Investors and JTC.

The Welsh hub will enable Strling to continue on its growth path as it strives to reach break-even by year-end.

Wednesday, March 4, 2020 - 10:23
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/news/retail-banking/starling-bank-creates-400-jobs-cardiff-opening-third-uk-office
Financial IT
Inundated by IoT: How Carriers Can Leverage a Trillion IoT Devices with Nationwide, CNA and Everest Re

Define your IT innovation strategy or risk becoming irrelevant, according to insurance leaders. Almost daily, a new disruptive technology is developed with far-reaching effects on the industry.

There is no turning back. AI, Blockchain, Machine Learning and IoT become more commonplace every day. By 2025, according to current estimates, there will be more than 50 billion IOT devices; the number is expected to grow to one trillion by 2030.

Wednesday, March 4, 2020 - 10:13
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Financial IT
JHC launches cloud solution for wealth managers

Wealth management fintech firm JHC Systems (JHC), has appointed Alan Cole as Head of Cloud and Operations to deliver its Software-as-a-Service (SaaS) solution for wealth managers.

Previously holding positions at Finastra and Temenos, Alan brings unrivalled experience running Cloud Operations for financial institutions globally across banking, wealth and investment management.

JHC’s SaaS offering will allow clients to benefit from the continuous delivery and integration of highly available, cost effective and secure wealth management solutions via Cloud.

Wednesday, March 4, 2020 - 09:34
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/news/wealth-management/jhc-launches-cloud-solution-wealth-managers
Financial IT
Cyber attacks, ransomware were unrelenting throughout 2019

Cyber criminals continued a barrage of attacks in 2019, spurred on by botnets of infected IoT devices and by attacker interest in the Eternal Blue vulnerability. A new report from cyber security provider F-Secure, Attack Landscape H2 2019, documents a steep increase in attack traffic in 2019 that was unmatched by previous years.

Wednesday, March 4, 2020 - 09:31
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Financial IT
ZILLIONe together with SmartStream provides reconciliations solution to People’s Bank of Colombo

ZILLIONe, the internationally networked enterprise solutions provider, recently completed the successful implementation of the latest reconciliation software by SmartStream, the Transaction Lifecycle Management (TLM®) solution provider – for People’s Bank. The solution will enable People’s Bank, to have a consolidated view for all electronic transactions.

Wednesday, March 4, 2020 - 08:58
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/news/transaction-banking/zillione-together-smartstream-provides-reconciliations-solution-peoples
Financial IT
OTB Ventures joins Draper Venture Network

OTB Ventures (OTB), a leading venture capital fund specialised in investments in technology companies in Central and Eastern Europe (CEE), today joined the Draper Venture Network (DVN), a global alliance of 22 independent venture capital firms across 5 continents, with $1.6 billion in collective assets. DVN is an alliance of independent VC firms that connects leading entrepreneurs and investors around the world. The alliance will provide OTB’s portfolio companies access to a global network of corporate relationships, business development opportunities and the wider investing ecosystem.

Wednesday, March 4, 2020 - 08:51
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Financial IT
Fiserv to Deepen and Expand Merchant Services Business with Acquisition of MerchantPro Express

Fiserv, Inc., a leading global provider of payments and financial services technology solutions, today announced that it has acquired MerchantPro Express as part of a broader strategy to expand the Fiserv merchant services b

Wednesday, March 4, 2020 - 07:47
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/news/payments/fiserv-deepen-and-expand-merchant-services-business-acquisition-merchantpro-express
Financial IT
Klarna and Ant Financial Group announce investment to fuel global cooperation

Klarna, a leading global payments and shopping provider, is pleased to announce that Ant Financial Services Group, owner and operator of the world’s leading payments and lifestyle platform Alipay, has taken a minority stake in Klarna, as the two companies deepen their partnership to bring more innovative and convenient financial services to consumers worldwide.

Wednesday, March 4, 2020 - 07:36
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Financial IT
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Wednesday, March 4, 2020 - 00:49
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