It is predicted that there will be 7,5 billion Internet users by 2030 and that more than 111 billion lines of new software code is produced each year. While the growth is exciting, these statistics also outline the number of vulnerabilities open to exploitation. Together with an estimated  96 zettabytes of digital content currently produced, this sheer volume will lead to increased cyber-attacks and security events, all of which will be virtually impossible for humans to contain.

Metapraxis, the financial analytics technology business, today announces that Jacqueline de Rojas, CBE, previously an advisor to Metapraxis, has been appointed as Chair of the Board of Directors.

LexisNexis® Risk Solutions announced that it won three categories in the 2021 Cybersecurity Excellence Awards. LexisNexis® ThreatMetrix® is the Gold winner for two categories: Cybersecurity Industry Solution - Financial Services and Cybersecurity Product - Fraud Prevention. Kimberly Sutherland, vice president of fraud and identity strategy at LexisNexis Risk Solutions, was named Cybersecurity Woman of the Year.

 Finastra today announced its collaboration with HUBX to bring increased efficiency to corporate lenders during the loan syndication process through the reduction of manual processes. The integration of the HUBX digital front-office platform, HUBX Arranger, with Finastra’s market leading back-office loan software, Fusion Loan IQ, creates an enhanced end-to-end offering which boosts efficiency and harnesses data insights and automation to ultimately improve customer experience.

Tether Operations Limited (Tether), the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has today announced that Tether tokens (USDt) have more than doubled this year to a market capitalization of US$45 billion. 

Quorsus, providers of consultancy services to financial institutions, has today announced its appointment of Jon Pittal as Director of Business Development. In this role, Jon will assume multiple chief client office responsibilities, from enhancing the structure and organisation of the function, to strengthening existing client relationships.

Sovryn, the Bitcoin-based decentralized finance (DeFi) protocol, has agreed a $9M investment from a consortium of partners, vetted for their strategic contribution and led by Anthony Pompliano’s Pomp Investments, after its proposal was formally accepted by the Sovryn community. Today will see the first day of Sovryn (SOV) trading, exclusively on the Sovryn platform, before it becomes available on other exchanges.

ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced the releaseofComplianceAlpha^®2021Q2.ComplianceAlphais ACA’s award-winning regulatory technology (RegTech) platform.