I just saw a report from the World Economic Forum, who estimate that over $1 trillion in new trade will be created through blockchain-based distributed ledger technologies (DLT) over the next decade. They also estimate it will reduce the global trading gap by $1.5 trillion.

Bold claims.

NTT Security, the specialized security company of NTT Group, has strengthened its UK management team with the appointment of Azeem Aleem to the position of Vice President Consulting and Head of its UK & Ireland (UK&I) business. Azeem is a highly respected cybersecurity specialist and joins following a six year tenure at RSA Security, where most recently he held the role of Global Director and Head of its Worldwide Advanced Cyber Defence (ACD) Practice.

 ACH Alert, an award-winning provider of electronic payments fraud prevention technology for financial institutions of all sizes, today released its latest whitepaper, “Transform Treasury Management with Actionable Fraud Prevention Solutions.” In the paper, ACH Alert reveals how banks and credit unions can transform their fraud prevention strategies to stop unauthorized transactions in the most cost-effective and

Identity verification specialist Onfido today announces that leading crowdfunding platform Indiegogo is using its AI-led identity verification to ensure that fraudsters are kept off of the Indiegogo platform.

Fenergo, the leading provider of Client Lifecycle Management solutions for financial institutions, today announced that the company doubled its revenue to €58m for the year ending 31^st March 2018, and expanded its global footprint into key regions across APAC, Europe & North America. Fenergo continues to show significant growth, having doubled their year-on-year gross margin with an increasing proportion of revenue resulting directly from recurring software fees.

Paybase has announced the first of its collaborative workshops for marketplace and gig/sharing economy platform founders. The event will be held at Paybase’s London office on October 11th.

CEO Anna Tsyupko voiced why Paybase wanted to hold such an event. “When you look at companies such as Uber and AirBnB, you can see the incredible impact that platform businesses can have. But with this new type of commerce come new, specific challenges that are restricting these businesses from reaching their potential.

 Wolters Kluwer has announced the launch of a data feed service of its market-leading regulatory content for global financial services customers through the RSA Archer Corporate Obligations Management use case.

For the financial services industry, digital transformation is almost simply natural evolution; the logical next phase in its development. In many ways it is already a virtual industry by definition of the services it offers. Innovation has characterised its history.

HCL Technologies (HCL), a leading global technology company, today announced that it has been selected to help drive IT transformation at the UK’s third-largest grocery retailer, Asda. The three-year application services contract will see HCL transform Asda’s IT Application Services with a new DevOps delivery model to drive data and analytics and support back-office applications through the full lifecycle of development, testing and support.

Opting for managed services for non revenue-generating activities and implementing scalable cloud computing power will be key differentiators in terms of financial services firms’ ability to compete in the digital age, according to a white paper published today by Celent, a global research, advisory, and consulting firm, and Torstone Technology, a leading provider of post-trade securities and derivatives processing.