Recent high profile cyber attacks and increasingly sophisticated threats to ATMs are creating a challenging security environment for the banking industry. At RBR’s ATM & Cyber Security 2019 banks will come together to learn from experts representing organisations such as Google, Barclays Bank, CaixaBank, Nationwide, SEB and the UK Police

Understanding the scale of risk is essential

Countingup, the UK’s number one small business banking and accounting app, has announced it is opening a new office on Cathedral Road.

Countingup will focus on providing account management and out-of-hours customer support from the new Cardiff base.  The account management team has already seen several team members join with recruitment currently underway for the customer support team.

The office came about following an initial approach from Cardiff City Council who are targeting leading technology companies who are growing rapidly.

Saga, a monetary startup aimed at creating blockchain-based currency designed to bring stability to international exchange, announced today that it has recently selected FIS (NYSE: FIS), a global leader in financial services technology, to deploy its Integrity SaaS solution to manage the Saga treasury unit’s back office and its reserves.

With reports of new data breaches hitting the news every day, you might be surprised to hear that spending on cyber-security is at an all-time high. However, as these attacks become more sophisticated, much of this spend has been focused on protecting the wrong areas. In particular, businesses have increasingly prioritised securing the perimeter surrounding IT systems instead of the data itself. In fact, network security hardware, such as firewalls and unified threat management, are seeing continued investment from businesses.

Global industry association, nexo standards, today announces the launch of its first accredited test tool, delivering services in line with its latest nexo Implementation Specification NIS version 4.0 allowing the validation of an Acquirer Host supporting the nexo Acquirer protocol, version 6.0. Payment acceptance stakeholders can now feel confident solutions will interoperate seamlessly with other nexo-compliant players in the field, fast-tracking the ecosystem’s migration to nexo standards protocols.

ID TECH has received the industry’s first EMV^®* Contactless Interface v3.0 approval for its ViVOpay line of contactless payment devices. FIME’s services were instrumental in certifying ID TECH’s contactless product with EMVCo’s updated EMV Level 1 Specification.

The enhanced specification addresses the latest interoperability and communication needs of EMV acceptance devices and contactless payment form factors.

Tata Consultancy Services, a leading global IT, consulting and business solutions organisation, has crossed a major milestone by successfully completing the first phase of implementation of the TCS BaNCS Insurance Platform as part of a business transformation programme for Scottish Widows, the life and pensions arm of Lloyds Banking Group.

Norwegian bank group SpareBank 1 announces it has selected Nets to provide its open banking infrastructure. The group of 14 savings banks will implement Nets Access to Account Services (NAAS) - a single platform that enables access to banks across the Nordics and Europe.

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has launched a software-as-a-service (SaaS) Regulatory Reporting solution. This marks the first time that the company’s OneSumX regulatory software has been made available on the cloud, thereby aligning with the cloud technology strategies the company’s customers are adopting, providing predictability of cost and lower total costs of ownership.