CyberHive, a leading British cyber-security vendor, has received substantial funding from Innovate UK to fuel further development of its revolutionary Trusted Cloud server security solution.

With the aim of extending the uniquely effective protection of Trusted Cloud to Microsoft Azure customers, the cash injection from Innovate UK, part of UK Research and Innovation, will enable CyberHive to continue its ground-breaking collaboration with Professor David Wallom and his team at the University’s Oxford e-Research Centre (Department of Engineering Science).

Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, announced today that Newton Investment Management (“Newton”) has selected Eagle Accounting to replace its legacy investment accounting platform.

Since 1994, the Eurotunnel has carried more than 26 million trucks and more than 340 million tonnes of freight goods. 25% of trade in goods between the UK and continental Europe goes through the Channel Tunnel, representing a total value of around 115 billion euros per year. For over 20 years it has served as Britain’s gateway to trading on the continent. Any slight delay could cause a devastating domino effect on businesses reliant on the smooth passage of goods across borders.

Embracing the benefits from instant payments and open banking initiatives, Tieto is currently launching the next generation Virtual Account Management (VAM) platform. This enhanced VAM solution enables banks to deliver a real-time liquidity overview to corporate customers, with the associated benefits of accelerated settlement and immediate availability of funds.

Tinkoff Bank announces the launch of Tinkoff Investments Premium offering access to over 10,000 global securities (the most extensive catalogue in the Russian market) and providing personal manager services directly in the mobile app.

Avaloq, the international fintech and leader in integrated banking solutions, has been named as the Overall Winner of the 2018 IDC FinTech Rankings Real Results Awards. Avaloq was also the winner in the specific category of Omni-Experience Transformation for one of their client cases.

DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company, and Brexit Partners, a specialist Brexit strategy advisory firm, today announced a collaboration to help organisations understand and respond to the challenges and opportunities associated with various Brexit scenarios.

Fenergo, the leading provider of Client Lifecycle Management solutions for financial institutions, has released data detailing the global fines activity of regional and in-country regulators over the past 10 years. A staggering $26 billion in fines has been imposed for non-compliance with Anti-Money Laundering (AML), Know Your Customer (KYC) and sanctions regulations in the last decade.

Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, today announced that the company ranked No. 9 in IDC's 2018 Financial Insights FinTech Rankings. This ranking marks the ninth consecutive year that NRI has been named a top 10 global financial technology firm by IDC Financial Insights.