Organisations Without Cyber Insurance Report Incident Costs 69% Higher Than Those That Do, Finds S-RM
- 1 year 4 months ago
- Cybersecurity
In the annual Cyber Security Insights Report 2023, global corporate intelligence and cyber security consultancy S-RM has found that the direct cost of a cyber incident has increased by 11% in 2023 to an average of $1.7m.
Davy Capital Markets Successfully Deploys Torstone Post Trade Solution
- 1 year 4 months ago
- Trading Systems
Torstone Technology, a leading SaaS platform for post-trade securities and derivatives processing, is pleased to announce that Davy Capital Markets, Ireland's leading capital markets firm and a member of the Bank of Ireland Group, has gone live on the Torstone Post Trade Platform. The deployment marks a significant milestone in Davy Capital Markets' commitment to enhancing their post-trade capabilities.
Fingerprints Supports Thales’s Fourth-Generation Biometric Payment Card
- 1 year 4 months ago
- Payments, Authentication Technology
Fingerprint Cards AB has been deeply involved in the development of the new generation of Thales Gemalto biometric payment card, which is ready for global volume mass deployment. The new Thales solution, which features Fingerprints’ T-Shape sensor (T2) and biometric payment software platform, offers users advanced transaction speed, improved power efficiency, and enhanced security.
JCB Extends Collaboration with Worldpay from FIS for Largest Contactless Deployment in the UK
- 1 year 4 months ago
- Payments
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., today announced an extension of its collaboration with global financial technology leader FIS® and its merchant solutions business, Worldpay from FIS, to enable JCB Contactless for its UK merchants in the largest JCB contactless deployment in the UK to date.
EIB Signs Up to €35Million Loan Agreement with Exeger for Scale-up of Cutting-edge Solar Cell technology
- 1 year 4 months ago
- Investment
The European Investment Bank (EIB) has signed a loan agreement of up to €35 million with the Swedish clean tech company, Exeger, which manufactures the ground-breaking solar cell technology Powerfoyle. The operation is backed by InvestEU, the financing instrument designed to support more than €372 billion in additional investment toward EU policy priorities in the period between 2021 and 2027.
Manaos and ESG Book Partner to Empower Investors with Transparent Sustainability Data
- 1 year 4 months ago
- Data Management
ESG Book, a global leader in sustainability data and tech
OIF Ventures Backs Payble’s Growth with $3.5m Investment
- 1 year 4 months ago
- Fundraising News
Payble, a leading provider of payments workflow and customer engagement software, today announced it has closed a $3.5 million funding round led by OIF Ventures. The new funding will be used to continue to capitalize on strong demand for Payble’s citizen-centric payment solution in its beachhead segment of local government payments, as well as explore opportunities for global expansion.
Worldline Authorized to Operate as a PagoBANCOMAT® Centro Applicativo Acquiring in Italy
- 1 year 5 months ago
- Payments
Worldline, a global leader in payments services, continues to expand its services provided in Italy and becomes a PagoBANCOMAT® Centro Applicativo Acquiring. As part of the process for expanding its services, by leveraging Open and Cloud technology, Worldline further establishes itself as an operator in Italy on the PagoBANCOMAT® scheme, whose regulatory authority is retained by BANCOMAT S.p.A.
Binance Reaffirms Commitment to Robust Security Through Successful SOC 2 Audit
- 1 year 5 months ago
- Security
Binance, the world's leading blockchain and cryptocurrency infrastructure provider, is delighted to announce the successful completion of the System and Organization Controls (SOC) 2 Type II compliance audit for its global platform and technology services. The achievement represents the latest in the organization's unwavering commitment to enhance security standards in the crypto industry.
Xero Partners with Flinks to Connect More Canadian and US Small Businesses to Their Banking Data
- 1 year 5 months ago
- Data Management
Xero, the global small business platform, today announced it is partnering with
Network with the Leaders in Payments at The Card and Payments Awards 2024!
- 1 year 5 months ago
- FinTech StartUps
The payments industry is set to celebrate its most prestigious event of the year: The Card and Payments Awards (TCPA) 2024. TCPA announces the shortlist for this spectacular event. Discover the frontrunners. Join the Celebration of Innovation and Success
External Fraud Enters Top 5 Ranking of Operational Risk Concerns in Latest Benchmark Report by ORX
- 1 year 5 months ago
- Fraud Detection
External fraud has entered the ORX Top 5 operational risks table, above business continuity and regulatory compliance. AI has been cited as key to driving this increase, as it fuels more sophisticated and harder to detect fraud schemes, successful at bypassing controls. The findings were published in a report from ORX, the world’s largest operational risk association which works with over 125 banks and insurers globally.
Liquidnet to Integrate BondIT’s AI-driven Credit Research Into Its Electronic Trading Platform
- 1 year 5 months ago
- Lending
Liquidnet, a leading technology-driven agency execution specialist, and bondIT, a leading provider of next-generation investment technology, announced today their partnership to integrate bondIT’s Scorable Credit Analytics into Liquidnet’s Fixed Income electronic trading platform. The collaboration aims to empower traders to anticipate market trends, mitigate credit risk and make informed investment decisions faster.
Tamara Lands $1 Billion Valuation with $340m Series C Funding, led by SNB Capital and Sanabil Investments, Making it the First Saudi Fintech Unicorn Startup
- 1 year 5 months ago
- Fundraising News
Tamara, the leading fintech platform to shop, pay and bank in Saudi Arabia and the wider GCC region, has achieved the historic milestone of becoming the Kingdom’s first homegrown fintech unicorn by securing $340 million in a Series C equity funding round.
Key Trends Set to Shape Fintech Throughout 2024.
- 1 year 5 months ago
- Artificial Intelligence, Banking
Innovations in fintech continued to evolve over the course of 2023. Leading into 2024, Gen Z continues to lead the way with fintech service adoption as digital wallet use surges, and the adoption of AI advances the industry.
