With new EU regulations coming into place next September, Mastercard is predicting a significant increase in the use of biometric technology to authenticate who is paying.

The aftershocks following TSB’s high profile IT meltdown in April are still being felt. What started as a long-planned IT migration quickly escalated into a crisis as customers got locked out of their accounts, saw incorrect balances or even accounts belonging to other customers.

Switzerland’s stock exchange – owned and managed by SIX – today announced that it is building a fully integrated trading, settlement and custody infrastructure for digital assets. SIX is regulated as an operator of Financial Market Infrastructure (FMI) by Swiss Authorities, FINMA and the Swiss National Bank, and intends that the planned ‘digital asset ecosystem’ –SIX Digital Exchange (“SDX”) – will enjoy the same standard of oversight and regulation.

Technology is changing the transport sector when it comes to high-speed trains and electric buses. But, we’ve still to see the same digital transformation when it comes to improving daily commuting for millions of passengers. Especially for those in London, there’s no escape from the headlines when it comes to transport, particularly trains and buses. “Train torture”, “Stranded passengers”, “Chaos”, “Disruptions”…you get the picture.

Business continuity and disaster recovery provider, Databarracks has been named winner of the Barclays Developing Resilience Award at the Business in the Community’s 2018 Annual Responsible Business Gala in London, attended by nearly 1000 business leaders and influencers and hosted by Sir Lenny Henry.

The finance sector is facing a multitude of challenges right now. MiFID II has hit at the same time as the General Data Protection Regulation (GDPR) and has required firms to overhaul significant areas of their operations, staffing and technology.  

Altaro, today announced a significant adoption at a leading global hosting company Beeks Financial Cloud, managing 7000 virtual machines (VMs) with Altaro’s VM Backup solution. Beeks Financial Cloud has made savings of more than 80% on its data stored globally, thanks to the exceptional augmented deduplication technology in Altaro VM Backup.

ITRS Group, the leading provider of real-time monitoring and IT operations analytics to financial services firms, has announced a partnership with Apica, industry leaders in performance monitoring for enterprise business.

SimplyFi, a leading innovator in crowdfunding for Russian small and medium-sized enterprises (SMEs), has teamed up with Tochka Bank to offer its fast, online lending services directly to the bank’s business clients.

Imagine a city the size of London thrown into chaos, as public transport grinds to a halt and traffic lights stop functioning …This is no longer the stuff of nightmares or the scenario of a disaster movie but a prospect that is getting more likely every day. Critical infrastructure facilities, whether power or nuclear plants, national railway and local underground systems or other forms of public transport, are increasingly targeted by cyber attacks. Sophisticated cyber weapons have been developed, including malware designed to disrupt the operation of industrial control systems.