The Information Commissioner’s Office (ICO) has opened the beta phase of its Sandbox, a new service designed to support organisations using personal data to develop products and services that are innovative and have demonstrable public benefit.

Today, Brickblock achieved a significant milestone by tokenizing a real estate vehicle carrying an approximately €2 million property in Wiesbaden, Germany. The sale was exclusive to eligible investors.  

Ground X, the blockchain subsidiary of the leading South Korean mobile platform, Kakao, has released its public testnet Baobab, along with the updated position paper, which highlights the technical architecture and direction of Klaytn. 

Deutsche Bank Securities Inc. (NYSE: DB) and Nasdaq (Nasdaq: NDAQ) are pleased to announce that Deutsche Bank’s new Single Dealer Platform will be developed with Deutsche Bank, and hosted and operated by Nasdaq’s market technology. The expected go-live is targeted for Q3 2019. 

In recent years we’ve seen a huge financial fallout for organisations that have suffered large-scale cyber attacks; from the £500,000 slapped on British Airways for the 380,000 compromised card payments of customers, to the possible $915m fine that Marriott may face following the enormous data breach last year. These repercussions are only likely to worsen as the volume and severity of attacks increases.

Equifax, a global data, analytics, and technology company, and Wolters Kluwer’s Finance, Risk & Reporting (FRR) business, are teaming up to provide an end-to-end Current Expected Credit Losses (CECL) solution. The companies are combining their respective CECL offerings and capabilities to help financial institutions comply with new standards instituted by the Financial Accounting Standards Board (FASB) for a complete solution that ensures an integrated and supportable framework.

The Fintech Open Source Foundation (FINOS), a nonprofit that promotes open innovation in financial services, today announces the release of the first major version of the Financial Desktop Connectivity and Collaboration Consortium (FDC3) standard.

An expert in finance and real estate will be driving major investment programmes in the West Midlands. Ian Martin has been named as investment and commercial activities director for West Midlands Combined Authority (WMCA). He will lead the development of the WMCA’s investment strategy and ensure its capital investment programme is on track to deliver £ 8bn worth of benefits to the region over the next 30 years. 

In conversations with banking and finance customers around the world, I hear the same message again and again: We must embrace digital disruption to get an edge. But I also hear another message: Can we trust software providers with our most sensitive information? 

Data Protection World Forum is delighted to announce that the latest instalment of Data Protection Magazine now free to view online.

Issue three features an exclusive Q&A with data privacy activist and noyb.eu co-founder Max Schrems; Brexit / data privacy analysis from Ivana Bartoletti, Head of Data Privacy at Gemserv; many more features, exclusive articles and discussion from industry leaders.

Ten months on from GDPR’s implementation, we look at the laws’ achievements and how they are influencing policy worldwide.