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The Start of the Tax Year Can Be a High-risk Period for Businesses

With large amounts of financial data and information being processed at the start of a new tax year, businesses are particularly vulnerable to cyber-attacks.

Scammers are adept at taking advantage of underprepared systems, and with tax-related criminal activity on the rise, cyber security for businesses need continued attention to ensure appropriate risk management is in line with the latest regulatory changes. So how can businesses be prepared?  

Monday, June 26, 2023 - 12:08
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Financial IT
Arcesium and Confluence Partner to Deliver Efficiencies for the Buyside

Arcesium, a leading global financial technology firm, and Confluence, a leading global technology solutions provider for the investment management industry, today announced a partnership to deliver an integrated data management and analytics solution for middle/back-office operations for asset managers, built to bring workflow efficiency in performance, risk, and regulatory reporting.

Monday, June 26, 2023 - 12:00
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Financial IT
Italy’s Largest Pre-seed Round Ever: Jet HR is Born €4.7 Million Raised by Italy's Leading Innovators to Create a New HR Management Solution for a New Generation of Companies

Jet HR is the new - all-Italian - startup based on an idea by Marco Ogliengo, former founder of a successful tech company he exited in 2021, and Francesco Scalambrino, a top manager who was responsible for the software in 'unicorn' companies. Both, in their careers, have experienced the difficulties of bureaucratic personnel management and, knowing the potential of technology, decided to solve the problem.

Monday, June 26, 2023 - 11:48
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Financial IT
Colt Expands Cloud Voice Services with Genesys, Twilio and Zoom

Colt Technology Services (Colt) the digital infrastructure company, today announced the expansion of its Colt Intelligent Communication services (CIC) portfolio to meet growing demand from customers requiring agile, cloud-based global voice solutions.

Monday, June 26, 2023 - 11:27
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Financial IT
The Fintech & Payments Advisory Network Partners with Chez Fintech

The Fintech & Payments Advisory Network (TFPA), an international consultancy launched by proven fintech veterans, has entered into a strategic partnership with Chez Fintech, a board-level advisory firm for economic regulators, blue-chip investment firms and businesses undergoing digital transformation.

Monday, June 26, 2023 - 11:19
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Financial IT
utu Closes US$33 Million Deal, Acquires SC Ventures-Incubated CardsPal to Re-engineer Tax-Free Shopping Globally

utu, a travel technology company transforming the customer experience in tax-free shopping, has closed a deal of US$33 million in combined transaction value. The deal comprises of an acquisition and a funding round, which consists of both a portion of new funding from SC Ventures, and the roll-over of earlier funding from Singapore-based investors who supported the company through the pandemic.

Monday, June 26, 2023 - 11:11
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Financial IT
Novobanco Partners with Feedzai to Turbocharge Customer Engagement

Feedzai, the world’s first RiskOps platform for financial risk management, has partnered with Portuguese bank Novo Banco S.A. (Novobanco) to further enhance the bank’s customer experience, improve its digital journey and provide best-in-class fraud protection. 

Monday, June 26, 2023 - 11:06
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Financial IT
A New Level of Document Verification: Regula Enhances Authenticity Checks with Portrait Cross-Checks

Half (49%) of organizations around the world had to deal with fake or modified physical identity documents in 2022, as Regula’s survey revealed. With this fraud always on the rise, Regula is reinforcing its solution for document verification with extra features, including all types of portrait verification.

Monday, June 26, 2023 - 10:55
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Financial IT
CBA Supports IBAS User Banks with Successful Cutover to ISO 20022 Standard for Cross-border Payment Clearing, Settlement and Cash Management

Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that the latest version of its IBAS GBF – Global Banking Factory solution – is successfully in production at all user banks, ensuring full compliance with the new SWIFT ISO 20022 message standard for cross-border payments and reporting (CBPR+).

Monday, June 26, 2023 - 10:49
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Financial IT
Natwest and WWF Announce Strategic Partnership for Uk Food and Agriculture

NatWest, the UK’s number one commercial bank, and WWF, the world’s leading independent conservation organisation, have announced a new strategic partnership to support a sustainable transition for the UK food and agricultural sectors.  

Monday, June 26, 2023 - 10:39
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Financial IT

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