Forter, the leader in e-commerce fraud prevention, today announced it has raised $300 million in Series F funding led by Tiger Global Management, with participation from Third Point Ventures and Adage Capital Management. Existing investors also participated including Bessemer Venture Partners, Sequoia Capital, March Capital, NewView Capital, Salesforce Ventures and Scale Venture Partners.

Volante Technologies, the global leader in cloud payments and financial messaging, and Deloitte are joining forces to offer clients an innovative new service that enables financial institutions to transform how they run their payments business. Volante’s cloud-based technology solutions for financial institutions will now include added insight and integration services from Deloitte as part of a broader strategic alliance agreement. 

Opsmatix, an innovative provider of AI-powered omnichannel operations automation solutions, announces a significant new partnership with Enterprise Engineering Inc. (EEI). Based in New York, EEI is a strategic consultancy firm delivering digital transformation projects to the financial services and healthcare industries.

The Information Commissioner’s Office (ICO) is urging the finance sector to build in data protection from the start when considering data analytics projects.

A toolkit designed to help compliance with data protection law when using data analytics was recently launched by the ICO.

The toolkit guides users through considerations in relation to compliance with data protection law including information rights of the public.  This then connects with building public trust and confidence when using data analytics. 

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today released a new white paper that explores the risks created by U.S. Treasury market fragmentation.

NICE CXone (Nasdaq: NICE) today announced one of the largest financial institutions in Latin America has chosen CXone, the industry’s most proven, complete and smart customer experience platform, for a comprehensive move of 10,000 agents to the cloud. It is phasing out an outdated on-premises system in favor of a more flexible, scalable option with CXone that is expected to drive down costs while improving customer and agent experiences.

Alex Scheinman, Managing Director, ACA Aponix.

"The General Data Protection Regulation (GDPR) reached its third-year anniversary on 25 May 2021, and has had a significant influence in shaping data privacy regulation around the globe. This includes in the US and countries outside of the EU, with most of the recent enacted privacy regulation as well as draft regulations having been influenced by the EU’s data protection framework – the regulation is undoubtedly set to continue evolving globally.

At some point during the early mists of cloud computing (pun intended), we thought all virtualised or containerised applications were intended to be delivered from public cloud compute and storage resources. But very quickly and collectively, users and the technology industry itself got to grips with the need to offer some cloud resources outside of multi-tenant public cloud facilities in the form of private cloud. 

Zeta, a banking tech startup, announced today that it has secured $250 million in investment from SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 billion. This is one of the largest single investments in a banking tech startup globally.