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Cyber attack is now a case of ‘when’ and not ‘if’ for UK CEOs

KPMG surveyed 150 UK leaders and a further 1,150 CEOs from across the world about their future investment plans and the challenges and opportunities facing their companies.

With reports of cyber-attacks and breaches almost daily, 39 percent of UK CEOs surveyed believe they will be targeted by a cyber attack. Though disheartening, this view was quite optimistic in comparison to their global counterparts, where 49 percent said they envisioned a cyber attack on their business.

Monday, July 2, 2018 - 07:39
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Nordea to acquire Gjensidige Bank and enter Strategic Partnership with Gjensidige

Nordea has entered into an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA. The agreement also includes a long-term strategic mutual distribution cooperation with Gjensidige in Norway. 

Gjensidige Bank is one of Norway’s leading online banks. The bank offers private individuals a suite of digital banking services, mortgages, car financing, unsecured loans and savings and investments distributed online and through a network of strong partners.

Monday, July 2, 2018 - 07:36
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Row over ATMs in the UK

Even as we move towards a cashless society, ATMs still play an important role in the financial life of Brits across the country, and reduced access might have unpredictable consequences for a number of industries besides the financial services – such as retail and hospitality – as well as for consumers.

Friday, June 29, 2018 - 12:53
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Financial IT
Fridays with Fintechs: How Hamburgers Inspired Payments Innovation

My buddies and I are constantly in the pursuit of the “perfect burger.” So much so that I once sent my friend $20, using a Canadian e-transfer money service, and a message telling her to visit the restaurant and taste it for herself.

Friday, June 29, 2018 - 12:29
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Bridging the accountability gap to protect financial services organisations

The WannaCry ransomware attack was, at the time, one of the most devastating and widespread cybersecurity incidents recorded. By exploiting a known vulnerability in Microsoft Windows, attackers were able to compromise public and private-sector organisations around the world with apparent ease, despite a patch being available for two months. In the UK, 34% of NHS trusts were affected, as well as more than 600 primary care organisations.

Friday, June 29, 2018 - 12:20
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Kx announces Dashboards integration with Finsemble and OpenFin

Kx, a division of First Derivatives plc (FD) and provider of the industry-leading kdb+ analytics database, has announced Dashboards for Kx integration with Finsemble and OpenFin. Dashboards for Kx’s rich visualization, powered by the complex processing capabilities and speed of Kx technology, is now enhanced with a seamless desktop experience.

Friday, June 29, 2018 - 11:28
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Financial IT
SIA ENABLES PAYMENT BY CONTACTLESS CARD AT TURNSTILES IN MILAN’S SUBWAY STATIONS

SIA has created the digital platform that enables passengers to pay for tickets in ATM’s urban and extra-urban underground network directly at the turnstiles in a simple, fast and secure manner usingMasterCard and Visa contactless cards.

Friday, June 29, 2018 - 11:18
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Quo vadis PSD2 RTS? A view on EBA’s recent Opinion Paper on RTS implementation

In combination, the EU’s Second Payment Services Directive (PSD2) – and the European Banking Authority’s (EBA’s) related Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA) and Secure Open Standards of Communication (CSC) –profoundly impact banks' IT systems and business models.

They open up banks’ systems to third-party payments services providers (TPPs) for account information, payment initiation and confirmation of funds via access interfaces such as application programming interfaces (APIs). The RTS also describes requirements regarding SCA.

Friday, June 29, 2018 - 07:13
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Pipedrive offers CRM for financial services

Pipedrive Inc., the leading sales pipeline software and CRM of choice for over 70,000 companies, today launched a new Pipedrive for Financial Services solution equipped to greatly optimize financial sales activities. 

Friday, June 29, 2018 - 07:04
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PayPal Checkout adds smart payment buttons

At PayPal, we’re building solutions for global commerce to help consumers and businesses seamlessly connect across all contexts. 

Friday, June 29, 2018 - 06:57
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