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Transcend, a leader in business optimization for financial firms, has closed its Series A financing, limiting the raise to $10 million after over-subscription by potential investors. The financing round was led by Nyca Partners, a leading fintech venture capital firm, with support from a major global custodian bank.
Spectra Logic, a leader in data storage and data management solutions, today rolled out significant enhancements to StorCycle, its software solution that revolutionises storage lifecycle management. With the latest release, StorCycle 3.2 becomes the de facto standard in delivering storage lifecycle management.
The latest statistics from the National Fraud Intelligence Bureau (NFIB) show a 4% increase in overall fraud for the year ending June 2020, when compared to the previous year. This is based on reported fraud offences provided by Action Fraud, Cifas and UK Finance. However, there are significant differences within these groups, related to the coverage and fraud types they capture.
Mastercard today announced Cyber Secure, a first-of-its-kind, AI-powered suite of tools that allows banks to assess cyber risk across their ecosystem and prevent potential breaches. With these capabilities, banks can identify and prioritize threats and vulnerabilities throughout their cyber environment. Additionally, acquiring banks can help merchants understand their own cyber risk, preventing hundreds of millions of dollars in potential fraud.
NTT DATA, a leading IT services provider and its business partner Accourt Limited a leading payment consulting firm, are proud to have released a first-of-its-kind study commissioned by GSMA Inclusive Tech Lab, a global trade group for the mobile industry. The report QR Code Merchant Payments: A growth opportunity for mobile money providers to empower Mobile Money Providers an opportunity to engage better and serve their future customers.
By combining forces with Ingenico, Worldline will become Europe’s new world-class leader in payment services and joins the league of international payment leaders. Worldline is committed to operating payment solutions that enable viable economic growth and reinforce trust and security in our societies. With its global footprint and its dedication to excellence, innovation and sustainability, Worldline is set to accelerate the development of the European payments industry, further shaping new ways of paying, living and doing business.