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Cynomi, the Virtual CISO Platform, Raises $3.5M Led by Flint Capital

Cynomi launches the AI-based cybersecurity platform that will enable the delivery of enterprise-grade cybersecurity capabilities at scale.

Friday, February 4, 2022 - 09:52
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Financial IT
Ft Launches Cryptocurrency Pricing Dashboard in Partnership With Wilshire

The Financial Times, in partnership with Wilshire, has today launched an easy-to-use data platform for pricing and insight into the digital assets market on FT.com, using the FT Wilshire Digital Asset Index Series.

Friday, February 4, 2022 - 09:49
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/news/cryptocurrencies/ft-launches-cryptocurrency-pricing-dashboard-partnership-wilshire
Financial IT
Modernising asset management with Software-as-a-Service (SaaS)

The asset management industry is filled with firms relying on outdated, legacy technologies. While companies may have gotten by in the past, the pandemic and remote working have exposed the inconvenience of these expensive and inaccessible on-premise infrastructures. Working from home had meant that these employees struggled to access critical data and applications, disrupting businesses at an already volatile time.

Friday, February 4, 2022 - 08:25
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Financial IT
FinovateEurope Set to Feature the World’s Latest Fintech Innovations as Flagship European Event Returns to London’s InterContinental O2 Hotel

The conference will feature more than 70 global thought leaders and provide networking opportunities with an impressive group of over 1,000 senior decision-makers

Thursday, February 3, 2022 - 16:31
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/news/fintech-startups/finovateeurope-set-feature-worlds-latest-fintech-innovations-flagship-european
Financial IT
Provenir Appoints Cheryl Woodburn New Country Manager for Canada

Woodburn brings more than 25 years’ experience in growing markets and creating new value for customers

 Provenir, a global leader in AI-powered risk decisioning software, today announced Cheryl Woodburn has been appointed Country Manager for Canada to support the record-breaking growth the company is experiencing in North America. Woodburn will manage all operations as Provenir responds to growing demand in Canada.

Thursday, February 3, 2022 - 16:28
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/news/artificial-intelligence/provenir-appoints-cheryl-woodburn-new-country-manager-canada
Financial IT
Cashflow Keeping Business Leaders Awake at Night as Smes ‘extremely Concerned’ for 2022

A survey by alternative lender Capify revealed the majority of SME owners have cashflow concerns for the year ahead, with a fifth fearing they would not survive another lockdown

But survey also reveals UK SME resilience, with 60% increasing turnover in 2021 and a similar number expecting growth and new hires for 2022 

Cashflow is keeping business owners awake at night, with over half concerned about their incomings and outgoings, a new survey has revealed.

Thursday, February 3, 2022 - 15:58
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/news/payments/cashflow-keeping-business-leaders-awake-night-smes-extremely-concerned-2022
Financial IT
Ecb's Lagarde Remains Resolute, but How Long Can She Hold Out?

Commenting on the ECB making no change to monetary policy, Shane O'Neill, Head of Interest Rate Trading for for Validus Risk Managementsaid: “After yesterday’s inflation print out of the EU, the highest recorded since the creation of the single currency, the pressure was on the ECB today. In line with market expectations, they have made no change to their policy and the associated statement is also virtually unchanged from a month earlier.

Thursday, February 3, 2022 - 14:46
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Financial IT
Boe Interest Rates - Savers Still Not Getting a Fair Deal as Inflation Outstrips Rate Rise

Cameron Parry, Founder & CEO of Tally, says: “Despite this announcement, savers are actually worse off than three months ago as the rate of inflation is currently increasing at 1% per quarter.  So even if banks passed on all interest rate increases to savers which, let's face it, they' don't, if the BOE increased rates by 0.25% regularly it is still dwarfed by the rate of inflation.

Thursday, February 3, 2022 - 14:39
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Financial IT
American Express Research Reveals the Multiple Benefits That Personal Travel Offers Small Business Leaders

New research from American Express reveals that small business leaders are dreaming of rediscovering the joys - and ongoing benefits - of travel, with approaching two-thirds (65%) planning to take multiple trips in 2022, and almost seven in 10 (68%) stating that personal travel boosts their ability to run their business well.

Thursday, February 3, 2022 - 14:27
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/news/payments/american-express-research-reveals-multiple-benefits-personal-travel-offers-small
Financial IT
Connected Capital Closes €154 Million Second Fund Targeting European B2B SaaS Scale-Ups as Global Demand for Cloud Software Grows

Amsterdam-based Private Equity Firm's Second Fund is 3x Size of Previous Fund and Brings Total Assets to over €200 Million; New Fund Makes Connected Capital The Largest Pure-Play B2B SaaS Investor in Europe

Thursday, February 3, 2022 - 14:08
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/news/cloud/connected-capital-closes-eu154-million-second-fund-targeting-european-b2b-saas-scale-ups
Financial IT

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