British cyber-security firm Post-Quantum, which specialises in developing defence-grade cyber-security solutions that protect global investment banks and enterprises’ data and communications systems against sophisticated criminal and nation state attacks, has today closed an £8 million Series A funding round.

Anti Money Laundering (AML) has arguably become the top regulatory priority for banks in Asia Pacific (APAC), according to a new white paper from Wolters Kluwer. And banks should now be digesting recent developments to prepare their IT functions for the consequent flurry of activity in AML regulation. 

 Misys has been recognised for the second time in this year’s Celent Model Bank Awards, for its work with Alfa-Bank, Russia’s largest private commercial bank. Both are awarded in the security, fraud and risk management category.

The technology company ameria GmbH, which focuses on software and technology development, has commissioned Wincor Nixdorf to take over the services for Virtual Promoter, a digital shop window solution for brick-and-mortar retail businesses. Wincor Nixdorf will be responsible for setup, startup and maintenance of the systems that are installed at ameria's retail and industry customers around the world.

Temenos announces that Banque Internationale à Luxembourg (BIL), a leading Luxembourg universal bank, has selected Temenos to provide the software solutions for a major system transformation project. The project will see Temenos software used across the bank’s full operations in retail banking, private banking and corporate banking. 

Ixaris, the payments technology expert, today announced it has partnered with Amadeus to deliver a global prepaid virtual payments offering, specifically for the travel industry. The agreement underpins the launch, earlier this year, of Amadeus global prepaid virtual card offering, the MasterCard branded Amadeus B2B Wallet Prepaid.

A new report from GreySpark Partners, a leading global capital markets consulting firm, shows that financial firms cannot afford to relax their vigilance against cyber-attacks on any level. Providing impenetrable cyber-security in today’s vast and interconnected electronic financial services industry is a nearly impossible task, and instituting measures that provide the required level of protection is putting security teams under significant pressure.

UBIQUIBOTS: AI FOR BANKS

Bots (and articles about bots - oops!) are popping up everywhere these days.

Indeed, very few concepts have shot up the hype curve so fast, especially considering that the idea of conversational UI has been with us for a long time in various forms and under different denominations. It looks like a jungle, but all bots are essentially doing the same thing:adding conversational capabilities to FAQ and search.