The world’s most promising startups and FinTechs today move like Mastercard – in microseconds. We may be different in size, but there are many more similarities than differences, which we witness through Start Path.

A staggering 75 per cent of consumers would not know what to do if they fell victim to cybercrime. According to the Affinion Cybercrime SOS report, despite high levels of concern and awareness, there is widespread confusion about where the lines of responsibility fall and who to turn to. 

Asia’s security industry is once again beginning to shift its attention towards Taipei, as preparations continue ahead of the 22nd edition of Secutech. As anticipation continues to build, the fair’s organisers have announced details of six pavilions that will allow buyers to easily locate high quality products as well as the most relevant OEM and ODM partners for their businesses.    

Mike Peplow, COO at Omnio Group speaks with Financial IT about a new brand and industry trends

TIBCO Software Inc., a global leader in integration, API management, and analytics, today announces its continued partnership, which began in 2017, with five-time consecutive FIA Formula One™ World Constructors' Champions Mercedes-AMG Petronas Motorsport.

Bespoke systems integrator, Prolifics Inc announces its new “OB Test Suite”, a testing solution dedicated to Open Banking and PSD2. 

Financial services firms today are under almost constant cyber threat. According to a University of Maryland report, computer networks are being attacked every 39 seconds. Given that the average cost of a cyber-related data breach in 2018 was $7.5 million per incident — up from $4.9 million in 2017 — the urgency to close compliance gaps is high.

Transformative innovations in technology can drastically drive presence and scale when offering financial services, opening doors to the unbanked and underbanked populations. The tremendous role that digital financial services (DFS) can play for financial inclusion is well welcome around the globe and regulators have continuously sought to unlock this potential by creating evolving enabling environments.

Failings in the way the Cabinet Office established its current cyber security programme mean that the government does not know whether it will meet the programme’s goals and raises questions about its plans to tackle cyber-attacks after 2021, according to today’s report by the National Audit Office (NAO). 

From day-to-day operations, to the very relationship between insurers and policy-holders, it is no exaggeration to say that connected insurance represents the biggest potential for transformation that insurance has witnessed since the invention of the computer. See, for example, the ability of an insurance carrier to react to live data, in real time, and prevent a loss from occurring. From simply mitigating the effects of a loss, they now become partners in risk-prevention.