SEON, ‘the fraud fighters’, has announced the appointment of well-known industry powerhouse Jimmy Fong as Chief Commercial Officer.

Based in SEON’s new London offices, Jimmy will be responsible for the business’ sales and growth strategies as well as continuing to be a vocal advocate for innovative fraud prevention.

The newly published Data Centres Construction Market Report by AMA Research has revealed that since 2015, the data centre construction market has grown from around £1 billion at installed values to £1.24 billion in 2019, this is largely underpinned by high levels of take-up in the co-location sector, with a growing adoption of Cloud computing technology. Increasing Cloud take-up is supporting the growth of this commercial and colocation sector, as it reduces the need for businesses to own and maintain their own IT infrastructure.

Vivid Money, a Berlin-based digital banking service, is launching in partnership with solarisBank and Visa. The company claims to be the first mobile-first full-service banking solution, offering cashback programs, sub-accounts in foreign currencies and eventually, investment products, in a single app.

New insights from the 2020 Thales Data Threat Report – European Edition reveal that European organisations have a false sense of security when it comes to protecting themselves, with only two-thirds (68%) seeing themselves as vulnerable, down from nine in ten (86%) in 2018. This confidence flies in the face of the findings of the survey of 509 European executives which reveals over half (52%) of organisations were breached or failed a compliance audit in 2019, raising concerns as to why a fifth (20%) intend to reduce data security spend in the next year.