As massive data breaches continue to make international headlines and the Internet is an integral part of our daily lives, consumers are now grasping the risks they face. In a new F-Secure survey, 71% of respondents say they feel that they will become a victim of cyber crime or identity theft, while 73% expressed similar fears about their kids.*

“These findings are absolutely staggering and show many people are seeing the damage of cyber crime or identity theft firsthand,” said Kristian Järnefelt, Executive Vice President, Consumer Cyber Security at F-Secure.

The International Chamber of Commerce (ICC) Banking Commission has today released a whitepaper urging the trade finance industry to work together to ensure that regulation does not hinder the availability of trade finance and remains relevant in a digital landscape.

More than three-quarters (84%) of banks are considering new fintech partnerships in 2019 in a bid to improve customer experience (36%) and achieve real-time visibility (36%). The research, commissioned by fintech provider Fraedom, also found that other factors inspiring banks to partner with fintechs are better cash and card management, speeding up digital transformation and cost savings.

Integral (https://www.integral.com/), the technology partner trusted by leading banks, brokers and asset managers to help them outperform their competition in the foreign exchange market, announced today that  Mr. Sanjay Madgavkar has joined the firm’s executive team as Chief Strategy Officer and Head of Business Development. Madgavkar has spent much of his career at Citi and brings more than 20 years of experience in every aspect of foreign exchange to Integral.

Amazon Web Services (AWS), announced that Emirates NBD, a leading bank in the Middle East, is collaborating with AWS to create a culture of innovation within the bank and is using AWS machine learning (ML) services to build a personalised retail customer banking experience. Emirates NBD will also utilise AWS data analytics, Internet of Things (IoT), Natural Language Processing (NLP), and other advanced technologies as part of its ongoing efforts to better engage with customers and simplify banking.

TransferMate, one of the world’s leading cross-border B2B payments providers, has secured its first regulatory approval in Asia with a new payments licence in Singapore. This marks a major milestone on the company’s global growth journey, providing its global client base with new inroads into the region’s high-growth markets.

Appian (NASDAQ: APPN) today announced that Groupama Asset Management (GAM), a subsidiary of the Groupama Group, is deploying an application to manage the entire life cycle of its product offerings on Appian’s low-code platform.

Open banking was launched to spur innovation in the financial services industry and create a better deal for consumers. But new research published today by open banking platform Tink reveals that European financial institutions still have significant concerns about its impact. Two fifths (39%) see open banking regulation as the biggest current threat to their business model and 56% fear that consumer loyalty towards banks will be significantly reduced as a result of open banking.   

TokenMarket, the blockchain-based global investment platform, today announces its partnership with Loopring, the protocol for decentralised token exchanges. The collaboration will accelerate security and transparency in the US$222 billion digital asset trading market.