The TALL Group of Companies, the UK’s leading provider of secure electronic and paper payments solutions, has partnered with DIA Europe, providers of the Kappa cheque fraud prevention platform used by many leading banks, to create a new tool that is designed to strengthen the cheque industry’s protection against payment fraud. UCN Plus ® - patents pending - will help to ensure that counterfeit, forged and fraudulently altered cheques are robustly and automatically trapped and rejected wherever possible.

Path Solutions is proud to announce that it has topped the bobsguide Software Rankings 2018 in the Islamic Banking category - in an industry benchmark list that was revealed on the 11th of December. 

LexisNexis® Risk Solutions, the global information solutions provider, warns that the UK is at risk of becoming complacent in its fight against money laundering. Whilst significant efforts are being made across the financial and professional services sectors, financial criminals remain one step ahead.

The Internet of Things (IoT) will be the source of more data breaches, as we see mass adoption and rapid growth in the number of connected devices, both in consumer products and the Industrial Internet of Things (IIoT). This is according to business continuity and disaster recovery firm, Databarracks.

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.