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Traditional Fraud Models are Fundamentally Broken and Billions in Revenue is Lost

Organisations across the globe today use between an average of four and six different tools or platforms as part of their overall fraud and risk strategy, according to new research* from Darwinium – a next generation digital risk management platform.  Whilst this approach has become necessary to defend against the ever-evolving plethora of online threats and adversaries, it seems that the lack of a common and singular view is creating significant challenges to customer experience and authentication processes. 

Wednesday, May 4, 2022 - 13:47
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Financial IT
PIMFA Launches ‘PIMFA WealthTech’ Supported by Morningstar

PIMFA, the trade association for the wealth management, investment services and the investment and financial advice industry, is pleased to announce the launch of PIMFA WealthTech.

Wednesday, May 4, 2022 - 13:24
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Financial IT
Archer Turns to Salerio to Add Retail Trade Processing

corfinancial, a leading provider of specialist software and services to the financial services sector, announces that Archer, a leading technology enabled service provider for investment managers, has extended their use of corfinancial’s  Salerio® Post-Trade Execution solution to commence trade processing for their retail services.

Wednesday, May 4, 2022 - 13:20
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Financial IT
David Lambert Appointed CEO of Transact365

Transact365, a UK-based global payments platform powering merchants in emerging markets, has today appointed David Lambert as its new CEO. 

An original co-founder and former Commercial Director at Transact365, Lambert will oversee the fintech’s expanding merchant customer base and card schemes. He will also work closely with the rest of the senior management team to expand the business into new markets and take advantage of new opportunities in the fast-evolving payments landscape. 

Wednesday, May 4, 2022 - 13:12
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Financial IT
ICO DATA ANALYSIS: Healthcare and Education Sectors Retain Spot as Most Vulnerable to Cyber Risk

Health, education, retail, and manufacturing sectors continue to be particularly vulnerable to cyber attacks and data breaches, according to analysis of recently released 2021 ICO data by cyber security awareness and data analytics company, CybSafe

Wednesday, May 4, 2022 - 12:42
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Financial IT
Paycast Appoints Katrina Gordon as Head of Customer Success

Paycast, the marketplace payment engine and second venture of UK based fintech group SPG, has announced the appointment of Katrina Gordon as Head of Customer Success.

Wednesday, May 4, 2022 - 12:34
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Financial IT
What are the key considerations for adopting Request to Pay technology?

When it comes to new ways to pay, consumers are making their preferences known. Overwhelmingly, today’s customers want fast, easy, and secure transactions and are increasingly willing to try new and emerging payments forms.

When you think about emerging payment forms such as Request to Pay, and the impact they might have on your organisation, what comes to mind? A complex, costly, and time-consuming undertaking?

Wednesday, May 4, 2022 - 12:30
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Financial IT
LGT Bank Selects SEBA Bank To Provide Digital Asset Custody and Brokerage Services

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, today announced that it had partnered with LGT Bank, an international financial services provider with a focus on private banking and asset management, to provide digital asset custody and brokerage services. 

Wednesday, May 4, 2022 - 12:21
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Financial IT
Kingswood Appoints New Technology Leader to Support Best-in-class Tech Initiatives

Kingswood Holdings Limited, the international, fully integrated wealth and investment management group, is today pleased to announce the appointment of Christopher Calvocoressi as Technology Transformation Lead.

In his role, Christopher will be responsible for leading Kingswood’s technology transformation agenda and will also head up the further development of Kingswood Go, a recently launched online portal which allows clients to access their investments and hold all of their financial information online and in one place.

Wednesday, May 4, 2022 - 12:13
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Financial IT
First UK Bank to Sign Agreements to Offer New Payment Option Through VRP

NatWest Group has signed agreements with three payment providers – TrueLayer, GoCardless and Crezco – to offer Variable Recurring Payments (VRP) as a new and convenient payment option for businesses and consumers. Today’s announcement, an industry first, means that NatWest Group will be the first UK bank to go beyond the requirement for banks to provide VRP in support of ‘sweeping’ – the automatic transfer of money between two accounts belonging to the same person.

Wednesday, May 4, 2022 - 12:06
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Financial IT

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