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Financial Services Organizations Hit by Ransomware Face More Than $2 Million in Recovery Costs, Sophos Survey Shows

Sophos, a global leader in next-generation cybersecurity, today announced findings from its survey report, “The State of Ransomware in Financial Services 2021,” that show how mid-sized financial services organizations worldwide spent more than $2 million on average recovering from a ransomware attack.

Tuesday, September 14, 2021 - 16:55
41983
/news/cybersecurity/financial-services-organizations-hit-ransomware-face-more-2-million-recovery
Financial IT
Networked Bot Attacks Increase as Human-Initiated Attack Levels Fall

Digital Transformation throughout the World Continues to Drive Transaction Growth and Fraudulent Activity

Tuesday, September 14, 2021 - 16:40
41982
/news/risk-management/networked-bot-attacks-increase-human-initiated-attack-levels-fall
Financial IT
Beyond Identity Closes Software Supply Chain Vulnerability

Introduces Secure and Automated Way to Ensure All Source Code Entering GitHub, GitLab, and Bitbucket Repositories is Signed by a Developer With a Validated Corporate Identity

Tuesday, September 14, 2021 - 16:22
41981
/news/digital-identity/beyond-identity-closes-software-supply-chain-vulnerability
Financial IT
Solactive Delivers New Green Bond Index for Lyxor Asset Management to Enable Asset Owners to Invest in Corporate Green Bonds

The Green Bonds market is slightly over a decade old, and its growth has gained  pace recently. Compared to 2019, the Green Bonds market increased by USD 290bn in 2020, which  represents a 9% increase in new issuances, according to a report by the Climate Bonds Initiative (CBI).  Solactive is pleased to announce that Lyxor Asset Management launched its Lyxor Corporate Green Bond  (DR) UCITS ETF tracking the Solactive EUR USD IG Corporate Green Bond TR Index.

Tuesday, September 14, 2021 - 16:07
41980
/news/trading-systems/solactive-delivers-new-green-bond-index-lyxor-asset-management-enable-asset
Financial IT
FintechOS Launches in US to Drive Digitalization in Underserved Financial Institutions
  • Financial tech provider will serve established banks and credit unions as well as new fintechs, simplifying digitization processes. 
  • FintechOS aiming to support more than 15 financial institutions on the continent.
  • FintechOS forged a framework for operational success in the US with partners including Microsoft, Deloitte, Persistent and Capgemini.
  • 100 new US hires by 2022.
Tuesday, September 14, 2021 - 15:36
41979
/news/banking/fintechos-launches-us-drive-digitalization-underserved-financial-institutions
Financial IT
Integrated Finance Raises £2 Million to Transform Tech Development for All: From Startup Fintech Companies to Big Banks

The Fintech infrastructure platform will use the investment to invest in product development and customer growth

●      Integrated Finance has announced £2m in Seed funding in round led by Octopus Ventures

●      Integrated Finance platform allows fintechs and financial institutions to speed up innovation, by simplifying connections to other banks, financial institutions and suppliers to a single API

Tuesday, September 14, 2021 - 15:04
41978
/news/investment/integrated-finance-raises-ps2-million-transform-tech-development-all-startup-fintech
Financial IT
Salt Edge Report: State of Open Banking Payments in Europe in 2021

Today we mark 2 years since PSD2 went, at least was supposed to, into full power across Europe and in the UK, on September 14, 2019.

Tuesday, September 14, 2021 - 15:00
41977
/news/apis/salt-edge-report-state-open-banking-payments-europe-2021
Financial IT
SEBA Bank Adds to Executive Team to Drive Global Growth
  • In line with its strategic growth priorities, SEBA Bank is combining client-facing areas in the “Client and Technology Solutions” division, and the trading and product areas in the “Markets and Investment Solutions” division 

  • Mathias Schuetz, who joins SEBA Bank, will lead the “Client and Technology Solutions” division; the “Markets and Investments Solutions” division will be led by the current Co-Heads: Urs Bernegger and Ritesh Dutta

Tuesday, September 14, 2021 - 14:40
41976
/news/asset-management/seba-bank-adds-executive-team-drive-global-growth
Financial IT
Atos to Create Center of Excellence to Accelerate Digital Transformation in the Financial Services Industry

Collaboration to help clients speed modernization with IBM Cloud for Financial Services

Tuesday, September 14, 2021 - 14:21
41974
/news/banking/atos-create-center-excellence-accelerate-digital-transformation-financial-services
Financial IT
Why is FiServ a target for hackers?

-Can you please tell us more about your background? What’s the story behind Egress?

Tuesday, September 14, 2021 - 14:06
41973
/content/why-fiserv-target-hackers
Financial IT

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