Security/Compliance

Temenos

AI-based Safety to Battle Fraud

Temenos (SIX:TEMN), the banking software company, today expanded its leading financial crime mitigation product to include an AI-based Suspicious Activity Prevention solution protecting banks and their customers from fraud.  Demand for financial compliance and the increasing levels of financial crime are putting huge pressure on banks. Their legacy processes have grown so complex with a high level of manual work for screening alerts and other... more Read more »

Talking to customers about their data is the key to GDPR

The new General Data Protection Regulation (GDPR) governing the collection, storage and use of data are coming into force soon and new research reveals that almost two-thirds of consumers (62%) said their confidence about sharing data with businesses is improved by the incoming laws. Highlighting the importance of communicating the benefits of the new laws to consumers in order to build long-term trust. Read more »

Kudelski Security Extends Managed Security Services With Claroty

Kudelski Security, the cybersecurity division within the Kudelski Group (SIX:KUD.S) and trusted cybersecurity innovator for the world's most security-conscious organizations, today launched a managed security service focused on the protection of Operational Technology (OT) and Industrial Control Systems (ICS). Read more »

AxiomSL Launches End to End Solution to Address Complex IFRS 17 Requirements

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces the launch of its IFRS 17 solution, which offers an industrialised end to end process to efficiently address the highly intensive IFRS 17 requirements. Read more »

Palo Alto Networks Announces Intent to Acquire Evident.io

Palo Alto Networks, the next-generation security company, today announced that it has entered into a definitive agreement to acquire U.S.-based Evident.io, a pioneer and leader in cloud services infrastructure protection. Under the terms of the agreement, Palo Alto Networks will acquire Evident.io for a total purchase price of $300 million to be paid in cash. The acquisition is expected to close during Palo Alto Networks fiscal third quarter,... more Read more »

Lloyds Banking Group invest in digital as PSD2 extension period draws to a close

Lloyds Banking Group today launched a new £3bn investment in a three-year strategy to bolster its digital capabilities. The bank is driving capital towards technology and its staff to compete against an increasingly competitive backdrop of other traditional banks, challenger banks and fintechs.[1] Read more »

KOBIL Systems helps the financial sector to develop new business models with PSD2-compliant IT security solutions

KOBIL Systems GmbH, a leading IT security company headquartered in Germany, presents a security solution that complies with the new Payment Services Directive 2 (PSD2) in time for the launch of the new directive. This will help banks and financial institutions to meet and successfully implement the strict requirements of the updated EU directive. The Dual 7 Layers of Security approach developed by KOBIL – which is the only one of its kind in the... more Read more »

Contego chosen by Open Banking to help kickstart retail banking revolution

Contego, the RegTech and compliance specialist, has been chosen by The Open Banking Implementation Entity (the ‘OBIE’), the body created by the UK’s largest personal and small business current account providers to create a better way to move, manage and make more of your money, to verify its users and to support the much-anticipated technological revolution that promises to give people greater control over their finances. Read more »

Barbican Insurance Group Partners with FICO to Enhance Cyber Underwriting

Silicon Valley analytics firm FICO today announced its partnership with Barbican Insurance Group (Barbican), a multi-platform insurance group that underwrites business predominantly through its syndicates at Lloyd’s of London, and which provides global cyber insurance coverage to its insureds. Barbican will use the FICO® Enterprise Security Score to measure the cybersecurity risk of insureds, and will also provide insureds with access to the... more Read more »

Wolters Kluwer’s Executives to Present CECL and Liquidity Risk Expertise at Upcoming Risk Management Conferences

Wolters Kluwer today announced that Will Newcomer, Vice President of Product and Strategy, Finance, Risk and Reporting-Americas, and Aaron Sayles, Senior Consultant, Finance, Risk & Reporting-Americas, will speak on the ever-changing role of risk management and evolving liquidity and Current Expected Credit Loss (CECL) regulations as part of two prominent risk management conferences taking place this month. Read more »

RSA Extends Business-Driven Security™ Portfolio to Help Address GDPR, Risk and Compliance Challenges

RSA, a global cybersecurity leader delivering Business-Driven Security™ solutions, unveiled new products to help address many of the challenges related to compliance with data protection regulations like the European Union’s General Data Protection Regulation (GDPR). New RSA Archer offerings around Data Governance and Privacy Program Management can be paired with RSA NetWitness® to help speed breach response, and RSA SecurID® to deliver identity... more Read more »

Zynstra Reveals Solution to Address Compliance and Control of Branch IT

 Zynstra, a provider of automated branch IT solutions, has today announced new capabilities to meet the needs of retail customers. These capabilities include Tier 1 PCI-DSS certification to reduce the cost and effort of achieving compliance across in-store IT systems, and has been subject to the most rigorous audit level across Zynstra’s software architecture, engineering practices, and operations center. Read more »

Time Getting Closer to IFINSEC Financial Sector IT Security Conference and Exhibition

Time is getting closer for IFINSEC Financial Sector IT Security Conference and Exhibition (www.ifinsec.com) that will be held on 14-15 November 2017 in Istanbul, Turkey. IFINSEC is a global, niche and dedicated conference focusing on IT Security technologies and solutions for financial industry. Sponsorship and delegate registrations are open.   Read more »

Wolters Kluwer’s OneSumX Named Most Innovative Integrated Regulatory Compliance & Reporting Platform by Corporate Vision magazine

Wolters Kluwer’s Finance, Risk & Reporting business is this year’s winner of Corporate Vision magazine’s “Most Innovative Integrated Regulatory Compliance & Reporting Platform” award. The publication has awarded the firm’s OneSumX suite the global accolade for 2017 as part of its annual Technology Innovator Awards – the second year running that Wolters Kluwer has triumphed in the award series. Read more »

marcus evans to Host the 6th Tax Compliance for Financial Institutions Conference

marcus evans will host the 6th Tax Compliance for Financial Institutions Conference, November 8-9, 2017 in New York, NY. You will have the opportunity to join 60 of your peers who will discuss the best practices for executing internal strategies for total tax compliance. Along with tax compliance and information reporting professionals, you will explore practical applications to master CRS, FATCA, 305c, 871m, treaty benefits, Q1 agreements, and... more Read more »

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