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Budget Cuts, Staff Shortages and Cyber Threats Keep IT Leads Awake at Night as GDPR Looms

43% of IT executives at European financial institutions reveal that fears of a cyber-attack keep them awake at night – two months before the General Data Protection Regulation (GDPR) comes into force, according to figures published by financial services IT consultancy and service provider Excelian, Luxoft Financial Services – a division of Luxoft (NYSE:LXFT).

Thursday, March 22, 2018 - 10:10
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Earthport North America, Inc. receives New York State money transmitter licence

Earthport plc (AIM: EPO), the leading cross border payment services utility, announces that its wholly owned subsidiary, Earthport North America, Inc., has received written confirmation of the issue of its New York State money transmitter licence, backdated to be effective from 15th February 2018. This landmark event authorises Earthport in the US to engage directly with New York State resident individuals and corporations, whether licensed or unlicensed.

Thursday, March 22, 2018 - 09:28
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Financial IT
Know Your Company (KYC) Wins Fintech Startup Challenge

Smart technology client verification solution provider Know Your Customer has won the Fintech Startup Challenge (Dublin), hosted by Le Village, a Crédit Agricole accelerator programme.  

Thursday, March 22, 2018 - 09:23
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Financial IT
NICE Actimize Introduces ACTone – The Market’s First AI-Enabled Financial Crime Investigation Management Platform
Autonomous is here! As financial services organizations turn to automation to improve efficiency and provide cost reductions, NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, is releasing its new Actimize ACTone, an artificial intelligence-enabled investigation management system that serves as the next generation alert and case management platform for financial services organizations (FSOs).
Thursday, March 22, 2018 - 09:13
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Financial IT
Intrapay Research:Cryptocurrencies Remain Cryptic to Sceptical Shoppers

Intrapay, a recently launched payments company within the Sappaya ecosystem, has announced the results of its new consumer survey into the consumer ecommerce experience and the demand for different payment methods provided through online retailers.

Thursday, March 22, 2018 - 07:10
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OANDA and Chasing Returns Announce Integration

A global leader in online multi-asset trading, OANDA today announced the integration of Chasing Returns’ risk management technology into their award-winning trading platform. OANDA’s retail clients will now enjoy access to the Trading Performance Management portal, powered by Chasing Returns.

Thursday, March 22, 2018 - 07:05
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ABN AMRO CHOOSES SIA TO ACCESS INSTANT PAYMENTS

SIA won the tender to connect ABN AMRO, one of the largest banks in the Netherlands, to EBA Clearing’s pan-European instant payments infrastructure RT1. Thanks to SIAnet, the fiber optic network with high speed and low latency stretching over 170,000 kilometers, ABN AMRO was one of the early users to introduce instant payments.

Thursday, March 22, 2018 - 07:02
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Further UHNWI Investment To Support FinTech Entrepreneur Zichain's Growth and Innovation

Zichain, a Switzerland-based digital asset management company, is pleased to announce that it has secured an USD 1.2m investment from a syndicate of UHNW Hong-Kong based investors, supporting further development of its unique cryptocurrency products. 

The deal was confirmed while the Company was participating at the Goldman Sachs 2018 Disruptive Technology Symposium, held in London on 20-21 March.

Thursday, March 22, 2018 - 06:58
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Averon Closes New Funding Round Bringing Raise to $13.3 Million

Averon, developer of the world’s first mobile identity verification standard that is both automatically frictionless and ultra-secure, announced today it has closed a $5 million Series A1 financing round led by Avalon Ventures and Salesforce founder and CEO Marc Benioff. The round follows Averon’s heavily oversubscribed Series A (October 2017), also led by Avalon Ventures, bringing the full Series A amount raised to $13.3 million.

Thursday, March 22, 2018 - 06:51
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Objectway Announces a Distribution Partnership with BML Istisharat

Objectway, a leading provider of investment management and digital software solutions to the global financial services industry, announced today its distribution partnership with BML Istisharat.

The well-known Lebanon-based banking software provider will distribute Objectway’s solutions for Digital Wealth Management and Robo-Advisory to wealth and investment managers in the Levant and Gulf regions, and in MENA (Middle East and North Africa) more generally. 

Thursday, March 22, 2018 - 06:45
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