Strong customer authentication using biometrics is now part of the day-to-day. From ‘selfie’ authentication to voice recognition, fingerprint through to iris, our bodies have a range of unique ‘modalities’ that can be measured, each with benefits and drawbacks as authentication methods. 

Seismic regulatory changes have been sweeping the financial services sector since the crisis in 2008. Banking and finance in general have moved decisively in favour of stronger regulation, and a number of landmark directives such as Dodd-Frank, Basel III, EMIR and the second Markets in Financial Instruments Directive (MiFID II) have been introduced to improve transparency, market efficiency and investor protection.

KPMG has appointed Ian West as its new UK Head of its Technology, Media and Telecommunications (TMT) practice, effective immediately. Alongside West’s appointment, the firm has appointed David Elms as Chair of TMT.

West is a Global Client Lead Partner for some of the firm’s largest clients in the sector, including a global telecommunications provider and an IT giant, and succeeds Alex Holt who is moving to the US to continue his role as KPMG’s Global Head of Media and Telco.

As nexo standards continues to respond to the expanding needs of the payments market, the association today announces that ten companies have joined its membership base in 2018 to support the growth of fast, borderless and interoperable card payments globally. 

Financial IT interviews Mark Bradbury, Managing Director of Apply Financial

Paybase Head of Marketing Jessy Conflon explaining how Paybase is enabling more firms to get to market and build better products.

Investors are growing increasingly uncertain over cryptocurrency, with less than 1% indicating that it makes up a significant portion of their investment portfolio according to new data from Assetz Capital’s Q4 Investor Barometer.

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, has launched the 

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today announced it has launched a new platform called PhishER that helps security teams analyse, prioritise and manage email that has been reported as suspect by employees. With PhishER, security teams can identify the most dangerous threats more quickly and efficiently.

Standards. They form a significant part of the end-to-end financial services testing and consulting FIME provides, and in the world of payments, they’re far from new. Yet, despite a lot being achieved in the last few decades, there is still work to be done to realize true standardization and, more crucially, interoperability.