Atom Bank, the UK’s first bank designed for digital and optimised for mobile, announces that the restriction on its regulatory authorisation has been lifted, and as of today opens its virtual doors. Atom is the first of the new breed of challenger banks to launch, and all retail banking services are delivered via the App.
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Misys has partnered with Dorsum, an innovative investment software provider, to integrate online brokerage functionality in its Misys FusionBanking Essence digital channels software. The new FusionBanking Essence Online Investments solution enables banks’ clients to execute full-scale retail brokerage activity seamlessly from their online banking account.
Fidessa signed a partnership agreement with Alpha Omega that will leverage Fidessa's post-trade Affirmation Management Service (AMS). This utility provides alternative low-cost affirmation processing to Fidessa's extensive community of buy-sides and sell-sides world-wide.
Ixaris is separating its payments technology arm, Ixaris Technologies, to create a fully dedicated tech subsidiary to support its open payments platform offering. Following this move, Ixaris Technologies will operate as a separate company, delivering distinct services to its B2B customers, while its sister company EntroPay will continue to focus on its profitable self-service consumer and small-business virtual card business.
Mistral Mobile announces the launch of m-Aegis™ Secure OTP, a secure, out-of-band, two-factor authentication solution to replace the vulnerable SMS OTP (one-time password), as well as paper and token-based methods. m-Aegis™ Secure OTP addresses Android malware which are stealing and exploiting traditional SMS OTPs. The solution is provided as an SDK for integration into a financial services app with on-premises deployment for the highest level of security.
Financial technology company, Pay4Later, has reached a significant milestone this month by processing its millionth consumer finance application. Exponential growth in point-of-sale loans reflects the increase in merchants providing a financing option at checkout and demand from consumers for fast, accessible credit.
When it comes to tackling cyber-attacks, it is important for financial organisations to realise that cyber-crime can’t be dealt with in isolation by the IT department. Traditional security measures, such as anti-virus software and firewalls, are increasingly unlikely to be able to deal with the growing sophistication of modern cyber-attacks. The increase in risk means it is more important than ever for businesses to deal with any threats quickly, due to legislation requirements, the possibility of significant brand damage, and financial fines.
Equinix announced Equinix Data Hub™, designed to help enterprise customers address today’s ever-growing data management needs.
Profile Software, an international financial solutions provider, today announced its sponsorship of the Cyprus Private Banking and Wealth management conference, taking place at the Hilton Hotel on the 8th of April, in Nicosia (08:30-15:00).
Profile aims at presenting the recent developments in its platforms that effectively cover the requirements of the Wealth Management and Private Banking domains, with a successful track record of successful implementations in the wider region.