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The Schrems II Clock is Ticking: A Checklist

The Schrems II ruling given by the Court of Justice of the European Union (CJEU) on 16 July 2020 upset the apple cart for organizations across the globe, and the latest iteration of the regulation is generating waves of anxiety among in-house legal teams who are already charged with ensuring that their contracts are updated to comply with the EU’s General Data Protection Regulation (GDPR). Many organizations are now dealing with thousands, if not tens of thousands, of supplier contracts that involve the processing of personal data.

Monday, June 6, 2022 - 17:27
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/blog/data/schrems-ii-clock-ticking-checklist
Financial IT
VikingCloud Announces New Chief Financial Officer

VikingCloud, a leading provider of cyber security and compliance solutions, has announced the appointment of Tracey Luehring as its new Chief Financial Officer.

Monday, June 6, 2022 - 17:13
48305
/news/cybersecurity/vikingcloud-announces-new-chief-financial-officer
Financial IT
Triterras Selects Unqork to Modernize Its Trade Finance Platform with No-Code Solutions

Triterras Inc., a leading fintech company focused on trade and trade finance, and Unqork, the leading no-code enterprise application platform, today announced they have entered a partnership to further digitize global trade finance. Unqork will be used to enhance the end-to-end trading lifecycle of Triterras’ Kratos platform, one of the largest trading and trade finance platforms in the world.

Monday, June 6, 2022 - 15:49
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/news/trading-systems/triterras-selects-unqork-modernize-its-trade-finance-platform-no-code-solutions
Financial IT
EarnUp Ramps Up for Growth with the Strategic Expansion of its Executive Team

EarnUp, a San Francisco-based Fintech company offering intelligent payment and data solutions for the mortgage industry, announced the strategic expansion of its executive team to help accelerate EarnUp’s growth and support its mission to create a financial system that works for everyone by transforming the loan payment ecosystem into a key driver for achieving financial wellness

Monday, June 6, 2022 - 15:39
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/news/people-moves/earnup-ramps-growth-strategic-expansion-its-executive-team
Financial IT
Fraudio and Kenbi Announce Partnership to Authorize More Transactions by Sharing Data and Reducing Issuer Declines

Fraudio, a payment fraud detection and anti-money laundering (AML) solution provider is partnering with Kenbi Authorize More, the developer of an AI platform that helps global merchants and card issuers approve more transactions. The partnership will help solve transaction declines caused by the lack of data available in real-time to issuers when approving or declining e-commerce transactions based on fraud risk.

Monday, June 6, 2022 - 15:24
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/news/artificial-intelligence/fraudio-and-kenbi-announce-partnership-authorize-more-transactions
Financial IT
500 Financial Institutions Now Live on the Taskize Network

Taskize, the leading provider of inter-company workflow to the financial services industry, today announced a significant milestone with 500 financial institutions now live on the company’s network, almost double the 289 companies in January 2021.

Monday, June 6, 2022 - 14:44
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/news/infrastructure/500-financial-institutions-now-live-taskize-network
Financial IT
Nearly One Million UK SMEs Fail to Access Finance Using Traditional Means of Borrowing in the last Year – Could Open Banking Hold the Key to Extra Investment for Small Businesses?

One in three UK-based small and medium-sized enterprises (SMEs) who sought access to finance were denied in the last year, according to new research from Yolt, Europe’s rapidly accelerating smart payments and data enrichment platform. This resulted in an estimated £3.7bn lost in potential funding for UK SMEs.

Small businesses seek funding to fuel growth

Monday, June 6, 2022 - 14:35
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/news/open-banking/nearly-one-million-uk-smes-fail-access-finance-using-traditional-means-borrowing
Financial IT
IsDB Group Private Sector Institutions organize the 10th edition of the Private Sector Forum Sharm El Sheikh - Egypt, 2 - 4 June 2022

The private sector institutions affiliated with the Islamic Development Bank (IsDB) Group organized:“The Private Sector Forum” in its tenth edition, during the period from 2-4 June 2022, at the main conference hall in Sharm El-Sheikh, Egypt. The Forum occurred on the sidelines of the Annual Meetings of the Bank’s Board of Governors, under the theme: "Beyond Recovery: Resilience and Sustainability".

Monday, June 6, 2022 - 13:45
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/news/banking/isdb-group-private-sector-institutions-organize-10th-edition-private-sector-forum-sharm
Financial IT
Report Identifies 600+ Mobile Apps for Banking, Investing, Cryptocurrency and More, Examining The Risk Posed by 10 Prolific Trojan Families Targeting Them

Zimperium, the only mobile security platform purpose-built for enterprise environments, today published new research detailing the increasing risk financial institutions and consumers worldwide face due to Trojan horse malware targeting mobile applications.

Monday, June 6, 2022 - 13:30
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/news/security/report-identifies-600-mobile-apps-banking-investing-cryptocurrency-and-more-examining
Financial IT
BharatPe Launches ‘Hai Yakeen’ Campaign to Reiterate Trust in the Potential of Offline Merchants of Bharat

BharatPe, one of India’s fastest-growing fintech companies, today announced the launch of its new brand campaign -‘Hai Yakeen’. Conceptualized around the power of dreams and tenacity of offline merchants and SMEs, the campaign aims to celebrate the success stories of the resilient community of entrepreneurs of Bharat, across a range of industries. The TVC has been directed by the celebrated ad-film director, Anupam Mishra. Naseeruddin Shah has lent his voice to the TVC.

Monday, June 6, 2022 - 13:21
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/news/payments/bharatpe-launches-hai-yakeen-campaign-reiterate-trust-potential-offline-merchants
Financial IT

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