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Data Growth: How Financial Organisations Can Contain Rising Costs

Organisations will need more storage as their data grows by an average of 40 to 50 percent each year. At the same time, storage prices are increasing, whether on-premises or in the cloud. Mark Molyneux, CTO of EMEA at Cohesity, explains strategies to counteract this, in light of a report by Enterprise Strategic Group (ESG) underlining the enormous potential of data reduction.

Thursday, October 19, 2023 - 10:14
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Financial IT
Are Cryptocurrencies Any Closer to Ending Central Banks’ Control?

Long before the advent of Bitcoin, one of the most influential free market economists of the 20th century, Milton Friedman, forecast the arrival of a decentralised digital currency:

“I think that the internet is going to be one of the major forces for reducing the role of government. The one thing that is missing, but will soon be developed is a reliable e-cash, a method whereby on the internet you can transfer funds from A to B without A knowing B or B knowing A.”

Thursday, October 19, 2023 - 10:00
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Financial IT
“Two Heads Better” as Moonfare Appoints co-CEO

Moonfare has appointed Dr. Lorenz Jüngling, currently managing director, chief operating officer, and chief financial officer, as Co-CEO, alongside Moonfare founder, chairman and current CEO Dr. Steffen Pauls.

Thursday, October 19, 2023 - 09:53
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Financial IT
Liberum Wealth implements Axia Custody Solution

Profile, a leading financial solutions provider, has announced today the implementation of the Axia Custody solution at 

Thursday, October 19, 2023 - 09:50
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Financial IT
X, or what we know as Twitter, receives a license for Bitcoin exchanges

Twitter is one of the most used social media apps worldwide, mainly in the US. Still, after Elon Musk decided to buy the platform, things took a wrong turn for regular users, and now the app is a totally different environment than before. For example, a new platform update won’t allow you to block people anymore, while annoying paid subscriptions were introduced for typical features. Indeed, Musk wants to make X the “everything app,” but for now, it’s an app that does nothing for its users. 

 

Thursday, October 19, 2023 - 08:44
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Financial IT
Compliance Expert on Challenger Banks and AML

When it comes to managing anti-money laundering (AML) obligations many challenger banks turn to basic or unproven in-house risk management solutions. Although these solutions can in some ways be quite innovative, they are often built quickly and lack thorough experienced testing, leading to potential vulnerabilities.

Wednesday, October 18, 2023 - 15:27
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Financial IT
Yoozreports Redefines Real-Time Reporting Capabilities

Wednesday, October 18, 2023 - 15:09
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Financial IT
Sella: 72 Startups from 14 Countries Around the World for the Incubation Program on Artificial Intelligence

72 projects applied to take part in the "Artificial Intelligence Business Incubator": the international incubation program fostered by Banca Sella and implemented by dpixel – the Sella group Venture Incubator – with the support of the Fintech District, aiming to assist in the initial phase (pre-seed) of startups, researchers, entrepreneurial teams, university spin-offs, companies and the most innovative artificial intelligence projects applied to finance.

Wednesday, October 18, 2023 - 15:02
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Financial IT
Prove Identity Secures $40 Million in Funding Led By Massmutual Ventures and Capital One Ventures

Prove Identity, Inc. ("Prove"), a global leader in digital identity solutions, has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures.

Wednesday, October 18, 2023 - 14:41
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Financial IT
Episode Six Expands its Proven Partnership with MYHSM by Utimaco to Deliver its Services to New Clients in New Regions
Utimaco, a leading global provider of IT security solutions, announces it has partnered with Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, to support its worldwide service with Utimaco’s MYHSM Payment HSM
Wednesday, October 18, 2023 - 14:40
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Financial IT

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