Latest community insight draws back the curtain on open banking, the game changing approach to data, its major players globally and impact on the industry

• A more than 600% increase in 3DS transactions in the past year corresponds with a 36% fall in e-commerce payment attacks according to the latest Cybercrime Report from LexisNexis® Risk Solutions
• 3DS authentication process aims to reduce fraud and enhance security in online card payments, as part of the Europe-wide drive towards Strong Customer Authentication (SCA)
• A 21% increase in overall e-commerce transactions was driven in part by 182% growth in Buy Now Pay Later (BNPL) transactions

 Tradeteq, the leading technology provider for bank asset distribution, together with Commerzbank AG (Commerzbank), AKA Ausfuhrkredit-Gesellschaft mbH (AKA), and Texel Finance Limited (the Texel Group) have announced that following a successful proof of concept phase, Tradeteq Connect, an expansion of the firm’s existing platform to support distributing bank risk resulting from trade products such as letters of credit (LCs) and guarantees, has been implemented by Commerzbank AG, AKA,

Research by The DPO Centre reveals that senior leaders in large organisations are less likely to understand the impact of privacy and data protection regulation or engage with it, compared to their counterparts in smaller organisations.

Over 400 data protection experts were asked how well senior leaders of their organisation, as well as all other employees, understood and engaged with privacy issues such as accountability, compliance and data security.

Insig AI, the technology company that provides machine learning solutions for asset managers, is proud to announce that it joins EDF Energy, CBRE Global Investors, KMPG in the UK and others as a sponsor of the All-Party Parliamentary Group ("APPG") on Environmental, Social, and Governance ("ESG"). 

Celebrating 40 Years of a global, common language of financial instruments processing

The Association of National Numbering Agencies (ANNA), a global association dedicated to the support of efficient capital markets through the use of widely embraced International Organization for Standardization (ISO) standards, today announced the 40th anniversary of the ISIN, the International Securities Identification Number, used to uniquely identify financial and referential instruments. 

This report produced by Innovation Eye and powered by Big Innovation Centre, Deep Knowledge Analytics, and Greengage presents an updated overview of the entire Blockchain industry ecosystem in the United Kingdom.

First Circle Group, a fast-emerging business specialising in manufacturing rigid plastic containers, has received a £10m plant and machinery loan and receivables funding facility from Cynergy Bank.  This is a new client to the Asset Based Lending (ABL) division of Cynergy Bank which launched in September.

Headquartered in Newport Pagnell, First Circle Group currently operates five sites across the UK and Ireland supplying over 700 million rigid plastics containers per annum.

Mastercard accelerates its decarbonization timeline, committing to reach net zero by 2040; Carbon Calculator gains strong adoption throughout Europe and in Latin America