Following the banking crisis in 2008, the Parliamentary Commission for Banking Standards (PCBS) recommended the creation of a new framework focused on increasing senior management accountability. Based on this recommendation, Parliament passed legislation in December 2013 that prompted the primary regulators of the financial services sector, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), to implement a Senior Management and Certification Regime (SM&CR).

Centage Corporation (www.centage.com), leading provider of cloud financial software for transforming how businesses budget, forecast, analyze and report, announced that it has received an Industry Excellence Award from Dresner Advisory Services. Recognized as an Overall Leader in Enterprise Performance Management for 2019, the award comes as the result of being ranked as a leader in two market models within the flagship 2019 EPM Wisdom of Crowds Market Study.

The financial services industry has been energised by the power of digital technologies as it looks for new ways to deliver products and services. Exciting fintech innovations are helping the sector to reinvent itself, transforming its processes and changing the way it relates to customers.

Early adopters in various economies are dominating demand for leading-edge electronics devices, with these elite consumers owning 61 percent of all virtual reality (VR) headsets, 49 percent of all smartwatches and 43 percent of all smart speakers, according to a multinational survey conducted by IHS Markit.

TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced a new integration with Snowflake, the data warehouse built for the cloud.

Lumi wallet has expanded its functionality: now Lumi users can buy Bitcoin and Ethereum for USD and EUR. One of the most secure and anonymous wallets on the market has partnered with Simplex, to provide seamless risk-free transactions from a credit card to crypto wallet.

Aqua Security, the leading platform provider for securing container-based, serverless, and cloud native applications, today announced that the company’s flagship platform, Aqua CSP, is available on VMware Cloud Marketplace™. 

Abacus Group, a leading provider of hosted IT solutions and services for alternative investment firms, today announced it has successfully completed the Service Organization Controls (SOC1) Type 2 audit for its application hosting and managed cloud services. The successful completion of the SSAE18 examination in July marks Abacus’ ninth consecutive year of completing a SAS70/SSAE16/SSAE18 audit, ensuring the highest level of security and internal controls.   

TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced a new integration with Snowflake, the data warehouse built for the cloud.

In a move to help millions of Americans have access to a fee-free safety net, mobile banking company Varo Money, Inc. announced today No Fee Overdraft, a feature where customers can overdraft their bank account balance up to $50 with no fee and no interest when they meet certain eligibility requirements.*