Among the many critical success factors driving change across the financial sector, some obvious ones stand firmly at the top of the 'to-do' list. Deloitte's  2018 Banking Industry Outlook observes: “For banks globally, 2018 could be a pivotal year in accelerating transformation into more strategically focussed, technologically modern, and operationally agile institutions, so that they may remain dominant in a rapidly evolving ecosystem.”

Today, digitization is omnipresent in most areas of our lives. Also the financial sector has to face the changes and developments which are brought along with the new era of an increasingly digitalizing world. Although the speed of implementation often cannot match with the ambitious expectations, there is no risk that the financial sector misses the digital transformation. To ensure that the strict regulations of the financial sector do not interrupt the digitization, a high degree of innovation is required.

Nucleus195 today launched its investment research and management platform, allowing investors to have one centralized location for all their investment research needs.

According to the Akamai 2018 State of the Internet / Security Credential Stuffing Attacks report, worldwide malicious login attempts are on the rise. Findings from the report show that Akamai detected approximately 3.2 billion malicious logins per month from January through April 2018, and over 8.3 billion malicious login attempts from bots in May and June 2018 – a monthly average increase of 30 percent.

Michael Pahlke has been appointed Chief Service Delivery Officer (CSDO) joining the Avaloq Group Executive Board on 1 November 2018, with a focus on expanding the firm’s global operational and technological capabilities to ensure highest levels of customer satisfaction. This appointment marks another significant step in the company’s evolution to becoming an integrated banking service provider on global scale.

Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX: ISX |FRA: TA8), the leading payment and identity technology company, is pleased to announce that it has signed an agreement with Prasos, Finland’s largest cryptocurrency service provider, for the provision of payment processing and identity verification services.

Prasos received more than €140m in deposits for purchase of cryptocurrency last financial year, and the company’s trading volume in the main broker services exceeded €220m during the same fiscal year. 

Deutsche Post has entered the era of end-to-end digitalization by extending its Postident digital identity management services with Qualified Electronic Signatures (QES), enabling their clients to conduct all their business entirely online, with enhanced security and privacy and in full compliance with the eIDAS regulation.

Global technical body EMVCo has welcomed fourteen new organisations to its Associates Programme to increase cross-industry collaboration in the development of EMV® Specifications. The newest Associates have joined since December 2017.

Joining as Technical Associates, Everi, Netcetera, Tencent and Toshiba Global Commerce Solutions can provide input to, and receive feedback on, detailed technical and operational issues connected to the EMV Specifications, and related testing and security evaluation processes.

Wolters Kluwer’s Finance, Risk & Reporting business has won a major award from Central Banking magazine. Its OneSumX for Regulatory Reporting solution has been named Best Technology Solution For Regulatory Compliance, in the publication’s annual FinTech and RegTech Awards which celebrate excellence and innovation.