Actis, a leading growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and analytics services, to Experian for ZAR3.72 billion (USD263 million).

The acquisition is subject to review by the competition regulator in South Africa.

Established in South Africa in 1994, Compuscan started as a credit bureau, focused on the micro-lending industry. It enabled micro lenders to avoid financial loss by identifying clients’ repayment probability before issuing a loan.

genesis, the international capital markets software firm and OpenFin are pleased to announce their partnership, to provide clients with scalable and interoperable technology and desktop solutions, built and deployed at great speed. The partnership helps drive front to back office digital transformation projects across capital markets - from the server to the desktop - bringing together genesis’ ability for agile software development and OpenFin’s application interoperability across financial desktops.

Governments, banks and enterprises across Europe can now access everything they need to establish the highest level of non-repudiation in eIDAS-compliant remote Qualified Electronic Signature (QES) services via ZetesConfidens’ eaZyCert and eaZySign services.

Delivering an excellent customer experience and managing risk are among financial institutions’ top priorities. Notably, these priorities are solidly linked: as life moves faster and new technologies are introduced to help make our financial lives easier, the risks also grow. When money moves quickly there is less time to catch fraud, and proliferating channels mean there are more entry points to monitor.

New research from cyber security provider F-Secure points to spam as an attack vector to watch out for this holiday season. Spam campaigns disguised as delivery notifications or online shopping invoices have been popular with cyber criminals all year long, and researchers say these tactics can prove even more effective around the holidays. 

Jake Ranson, Banking & Financial Institutions Expert and CMO at Equifax UK, believes consumers will begin experiencing the full benefits of Open Banking in the year ahead:

January 2019 marks the first anniversary of Open Banking, and we can expect it to play a central role in the banking sector for the year ahead. As more companies evolve the new technology into live customer journeys, consumers will really begin to experience the full benefits of the proposition and demand for Open Banking will increase.

Rubrik is the market leader in Cloud Data Management, the world's first platform to orchestrate data for hybrid cloud enterprises anytime, anywhere. Rubrik blends future-proof architecture with consumer-grade simplicity to pioneer a fresh approach to an old problem.

Databarracks managing director Peter Groucutt commented: “Rubrik is an incredibly impressive company. The way the team has taken it to market and seen such incredible growth is a terrific story but beneath it all is fantastic technology.

TLT’s Opportunity Knocks report on Open Banking, which draws on research involving 130 senior decision makers across UK financial services, highlights a growing tension between data sharing – the basic tenet of Open Banking – and high profile data breaches, as customers grow increasingly aware of and sensitive to data security issues. 

Ingenico Group, the global leader in seamless payment, is transforming how international online merchants can do business in Russia, by offering domestic processing and cross-border settlement for international payments for the first time.