Sber's Software Asset Management Project is the Best in Europe
- 4 years 9 months ago
- Banking
Sber has received the SAMS Europe Award for the best software asset management project. The European professional community praised Sber’s “Integrated SAM Solution at Sberbank” project, which took first place. It is the first time a Russian company has won first place in the history of the award.
AllianceBlock Announces the Release of AllianceBlock DEX, Designed to Lower Impermanent Loss and Create a Safer, Lower Risk Environment
- 4 years 9 months ago
- Banking
Setting a new industry standard, AllianceBlock DEX’s novel mathematical model synchronizes two automated market makers to reduce impermanent loss In line with its mission to bridge the gap between decentralized and traditional finance, AllianceBlock has deployed the AllianceBlock DEX Testnet on renowned blockchains Polygon and Energy Web Chain.
Online payment Fraud Increases by 208% Amid the Black Friday Season
- 4 years 9 months ago
- Payments, Cybersecurity
The growth of phishing attacks mimicking e-payment pages was spotted in the run-up to the Black Friday period. The total number of financial phishing attacks disguised as e-payment systems more than doubled from September (627,560) to October 2021 (1,935,905), indicating a 208% increase.
State Street Collateral+ Delivers New Analytics and Optimization Capabilities in Partnership with Cassini Systems
- 4 years 9 months ago
- Trading Systems
State Street Corporation (NYSE:STT) announced today it has added market leading pre-and post-trade optimization and margin analytics capabilities to its Collateral+ service. In partnership with Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimization, which addresses collateral efficiency from multiple...
Edison hires new Managing Director Patrick Yau to boost European Investor Relations Advisory Service
- 4 years 9 months ago
- Investment, Management
Edison Group, the London-based investment research and advisory company, has today announced it has hired Patrick Yau as Managing Director, Investor Relations. Patrick has joined the London office where he will initially be working closely with the sector teams across the business to further develop Edison’s strategic European Investor Relations advisory service.
Use of Deep Fake Tech, Social Engineering to Target CNI, and Exploiting Third Parties will all Rise in 2022, Says Infosecurity Europe’s CISO Community
- 4 years 9 months ago
- Security
While 2022’s dominant cyber threats will largely mirror those faced this year, criminals will evolve their modus operandi to boost disruption and monetisation, according to Infosecurity Europe’s community of security leaders. The organisers of Europe’s number one information security event asked its network of CISOs and analysts to comment on the major trends and shifts they foresee shaping the next 12 months.
Nearly a Third of Global Businesses Lost Over £1m to Financial Crime in One Year, Says New White Paper
- 4 years 9 months ago
- Data Protection, Fraud Detection, Compliance
A recent white paper published by Themis and Encompass Corporation, the leading provider of Know Your Customer (KYC) and Anti-Money Laundering (AML) software, revealed new insight into the ‘cost’ of not adhering to financial crime compliance.
Reuters Next Returns With Over 150 World Leaders to Discuss the Most Critical Issues of Our Age
- 4 years 9 months ago
- Trade Finance, Compliance, Regulatory Standards
The United States Secretary of the Treasury Janet L. Yellen, multiple award-winning musician and co-founder of CHIC Nile Rodgers, and Director-General of the World Trade Organization Ngozi Okonjo-Iweala were today announced as the latest headline speakers at Reuters NEXT.
Clearpay Merchants Open Online Storefronts to U.S. Shoppers
- 4 years 9 months ago
- Payments
With new cross border capabilities, millions of U.S. customers are now able to shop British merchants - just in time for the holiday shopping season Clearpay’s cross border shoppers transact around 24% more frequently than domestic shoppers only
Spandana Sphoorty Announces Shalabh Saxena as the MD and CEO, and also Announces Other Key Business Updates
- 4 years 9 months ago
- Alternative Finance, microfinance
Additionally, Ashish Damani will take over as President and Chief Financial Officer, and Abanti Mitra to take over as Chairperson of the Board, while Deepak Vaidya will continue as an Independent Director Spandana Sphoorty Financial Limited’s Board of Directors met today and discussed several critical matters related to the leadership transition and business operations. Key Leadership Updates:
Irish Bank Commits € 5 Million to Synch, a Joint Venture for Payment Apps
- 4 years 9 months ago
- Payments, Banking
The four Irish banks seeking to set up a money-transfer app to rival Revolut have raised an additional €5 million to fund the venture.
1 in 3 British Consumers Formed a New Banking Relationship During the Pandemic
- 4 years 9 months ago
- Covid-19, Banking
Key facts · 29 percent of UK consumers have started a new banking relationship in the past year. · Young millennials (age 25-29) are most likely to switch to a new bank (46 percent), followed by over a third of senior millennials and Gen Zers (both 39 percent).
US Banks Must Soon Report Significant Cybersecurity Incidents Within 36 Hours
- 4 years 9 months ago
- Cybersecurity
U.S.financial regulators have approved a new rule that requires banking organizations to report any “significant”
British Business Investments – Full Year Results for the Period Ending 31 March 2021
- 4 years 9 months ago
- Investment
British Business Investments, a wholly-owned commercial subsidiary of British Business Bank plc, today publishes its Annual Report and Accounts for 2020/21. Key highlights include: · A record number of 18 commitments to new and existing delivery partners, totalling £473m · In its seventh year of operation, cumulative commitments are up 19% year-on-year to over £3bn
Bound Secures $6.5m in Seed Financing From Top Investors Behind the Likes of Klarna & Wise
- 4 years 9 months ago
- Fundraising News, FinTech StartUps
Valar Ventures, Moonfire and Album VC, along with founders from a number of billon-dollar fintech successes invest in London-based start-up Bound, tipped by VCs to be the next big European fintech, is building a platform to make currency hedging easy for SMEs Taking just 30 mins to set up, Bound can save the average business £70,000+ a year
