Finastra is supporting National Bank of Greece (NBG) with its transition to the new ISO payments standard, due to come into force from November 2022.

To mark the start of 2022, SEON is reflecting on a year of tremendous business and customer growth, as well as celebrating its new status as the world’s fastest-growing fraud prevention company.

Kicking off 2021 with a bang, the fraud fighting company announced its first significant round of venture capital financing. Led by Creandum, the $12 million funding round represented the largest Series A investment in Hungarian history.

• Comprehensive update provides best-in-class SIEM and SOAR integration within one unified security operations platform for accelerated detection, investigation, and response.
• SOAR offering is the first complimentary solution on the market, making it available to customers at no additional cost

VC Digital Horizon launches new ‘Fintech Trends for 2022’ report

Digital Horizon, one of the fastest growing European venture capital funds and venture builders specialising in fintech and SaaS companies, has released its annual ‘Fintech Trends for 2022’ report. It predicts the rise of fintech supporting micro-entrepreneurs, metaverse and “second reality” digital payments and green fintech, will be among the major trends driving fintech forward this year.

From Doug Craddock Senior Principal Consultant in FICO Advisors Lifecycle practice

“In an environment where everything is changing — the way we work, travel, meet and shop — the world of credit is adapting quickly. The pandemic isn’t the sole cause of this, as fintechs have been upending traditional banking models for years. Here’s what we at FICO see for next year.

The Focus Will Change from Digital Transformation to Digital Engagement

After reaching unicorn status in 2021, Lattice continues to grow at record rates as people strategy continues to be a top priority for companies succeeding in the new world of work.

Lattice, the leading people management platform for businesses with people-first cultures, today announced a new valuation of $3 billion after closing a $175 million round of funding from Thrive Capital, Elad Gil, Tiger Global, and Dragoneer.

Summary: The benchmark US 10-year treasury yield kept climbing, finishing another 4 basis points higher to 1.88% from 1.84% yesterday, and 1.78% Monday. In thin New York trade, a favoured gauge of the US Dollar’s value against a basket of 6 foreign currencies, the Dollar Index (USD/DXY) jumped 0.48% to 95.72 from 95.30 yesterday. Global equity markets slid with the DOW losing 1.4% to 35,470 (35,865). The Euro finished as worst performing FX, tumbling 0.72% against the Greenback (EUR/USD) to 1.1330 from 1.1395 yesterday.

We have warned our readers, but if you are caught invested in a bull market that is over, then it is time to invest in this just beginning bear market.

Happy Days.

Open Banking (also known as PSD2) requires the largest banks in the United Kingdom to make their valuable data available to the public, which might have significant implications for the way people manage their finances. The spread of COVID-19 accelerated the rise of Open Banking popularity, which was accompanied by executives showing a positive attitude towards that dynamic. As a result, the estimated number of Open Banking technology users including small and medium enterprises in the United Kingdom exceeds 4 million.

With latest acquisition, hyper-growth startup Chargebee leverages automation to enable subscription businesses to reduce online cancels while growing customer lifetime value