Rising cybercrime in India is no secret. According to a report by Symantec, India now ranks 3^rd in the world, after the US and China, as a source of malicious activity. In fact the National Crime Records Bureau data reveals that in the three years up to 2013, registered cases of cyber crime were up 350 percent, from 966 to 4356. Dubious distinctions both, and give banks and the financial sector in India cause for worry.

-linked2pay, the platform provider of Bank Centric Payments, announced today that they have added bank integrated same-day ACH payments to their platform. Now their bank, acquirer and ISO partners can offer this new and highly anticipated same-day payment option to merchants in a seamless manner side-by-side with card acceptance.

Eze Software Group, a premier provider of global investment technology, has been named “Best Technology Provider – Overall” in HFM Asia Hedge Fund Services awards. The award win was announced at a ceremony held on Sept. 19, 2016, in Hong Kong.

Thomson Reuters has signed a definitive agreement to acquire REDI Holdings, a trading technology pioneer whose flagship REDIPlus execution management system (EMS)  provides advanced cross-asset class trading capabilities to the buy-side. The acquisition is expected to close by the end of Q4 subject to customary closing conditions including regulatory approvals.

Digital Keystone, the leading provider of portal technology for platforms, asset managers and wealth managers, was awarded the much-coveted ‘Best Use of Platform Technology Award’ at this week's Schroders UK Platform Awards 2016. The award recognises its exemplary work to deliver straight through processing capabilities as well as highly visual online new business user journeys and interfaces for IFAs using the Aegon Retirement Choices Platform (ARC).

Qlik®, a leader in visual analytics, announced that Moody’s Analytics, a leading provider of credit analytics and data, has selected Qlik for its RiskBench™ solution, an innovative online platform for benchmarking and estimating default and recovery risk. The RiskBench solution combines Moody’s Analytics global data assets and credit risk models with data visualization technology powered by Qlik Sense®, enabling credit market participants to improve monitoring of portfolio risk, to evaluate market expansion opportunities, and to estimate expected credit losses.

NCR Corporation, a global leader in omni-channel solutions, announced the launch of Business Banking Mobile, extending the SaaS-based platform to customers’ mobile devices. The application will allow community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform.

Moody’s Analytics, a leading provider of credit analytics and data, today announced the launch of the RiskBench™ platform, an innovative solution for benchmarking and analyzing credit portfolios. Credit market participants can use the RiskBench platform to improve monitoring of portfolio risk, to evaluate market expansion opportunities, and to estimate expected credit losses.

Following the referendum result I believed that ‘Brexit’ would be a big blow to the UK’s micro-business sector and I still believe this to be the case.

In the run up to the vote, the overwhelming majority of micro-business owners and freelancers were in favour of the UK remaining in the EU because they didn’t think a ‘Brexit’ would be beneficial for their own businesses or the economy in general.