Published

  • 05:00 am

2020 is the year of Bitcoin, as more and more cryptocurrency fans are looking for the best ways to get their hands on the most popular crypto. While there are over a thousand different options, it seems that Bitcoin is the golden currency that will shape the financial future of the world.

Since buying crypto is one of the hottest topics in the financial world and beyond for quite some time now, we at NordikCoin have decided to create a short guide on the best ways to purchase the most highly desired option of them all. 

However, before we get down to the details, you should keep in mind that there are no things set in stone when it comes to buying Bitcoin. It’s very unpredictable and volatile crypto with a constantly fluctuating price. That’s why timing is everything when you’re looking to purchase Bitcoin.

What to Consider Before Buying Bitcoin

Source: https://pixabay.com/illustrations/crypto-currency-bitcoin-blockchain-3130381/

Buying Bitcoin involves a bit of knowledge, patience, and cautiousness. We advise you to pay special attention to the level of anonymity, user-friendliness, compliance with mandatory regulations, security, fund insurance, and customer support before you proceed with your crypto purchase.

Choose only the most reputable exchange platforms to get the best terms, conditions, and fees for your transactions. The reason behind this is very simple – reputable platforms are the fastest, best, easiest, most secure, affordable, and customer-centric way to get the best deals for your money. Now, let’s see the best options to get your hands on Bitcoin.

Finding the Best Method to Buy Bitcoin

Source: https://pixabay.com/photos/bitcoin-money-virtual-market-3137984/

Investing in Bitcoin can be a tedious task if you don’t know what you’re doing. Fortunately for you, you have NordikCoin by your side to guide you through the process. The very first step towards buying Bitcoin is to choose the best paying method.

There are four payment options to consider:

  • Debit and credit cards – one of the fastest and easiest ways to obtain crypto is by using your cards to buy it. The transaction is your ordinary purchase, but there is a limitation; the amount of crypto you can purchase is limited to avoid scams.
  • Bank transfer – even though this is a slower method than using your cards, it’s still a great, safe, and secure way to purchase Bitcoin. Bank transfers are also one of the most cost-efficient ways to purchase crypto due to lower prices on exchanges.
  • Cash – if you’re into buying Bitcoin without exposing your identity, cash is the best and most anonymous option. Simply find an ATM that offers the option to buy Bitcoin, and you’re good to go. There are also platforms for cash transactions like LocalBitcoins.
  • PayPal – buying crypto with PayPal allows you to make deposits for free. Using your PP account to obtain crypto is probably the most effortless way to buy crypto. However, it does include a downside: double conversion, which leads to higher fees.

The Most Cost-Efficient Way to Get Bitcoin

Purchasing Bitcoin at the most affordable prices is possible, but you’ll need a reputable Bitcoin exchange for that. Fortunately, NordikCoin is one of the best Bitcoin exchange options on the internet.

We offer the most competitive prices on the crypto market online and a wide range of payment methods to make things more convenient for our e-traders. Create an account, manage your crypto wallet, and buy or sell cryptos quickly, easily, and conveniently.

With our services, you are guaranteed the safest transactions and transfers on the internet as our exchange platform is fully compliant with all the latest standards and law regulations. We enforce all the top security measures, including terrorism and money laundering prevention policies.

Use Bitcoin ATMs

BTMs are another excellent, user-friendly, fast, and convenient way to buy crypto. There’s an excellent app you can use to locate all available BTMs near your location, as these crypto ATMs are available in many countries worldwide.

Have your ID ready when using BTMs, as the majority of these ATMs require identification to verify transactions. We advise you to do some research on how to use BTMs and the applying laws to make sure you buy crypto safely and legally.

Bitit

Even though this method of buying crypto differs slightly from the other ways we mentioned in our guide, Bitit allows you to buy crypto, but instead of using your money, you’ll get a buying coupon like Neosurf and Flexepin.

Both prepaid vouchers are among the safest and simplest ways of buying and paying online while providing an increased level of anonymity. More importantly, both options have the same Bitcoin price.

Bitit offers a few advantages along the way:

  • It’s unique, approachable, and affordable
  • Competitive fees
  • Wide service availability
  • User-friendly purchasing limit
  • Crypto gift cards

Additional Tips on Buying Bitcoin

Here are a couple of useful tips to make your Bitcoin trading even more effective.

Best Bank Account Purchase

NoridkCoin and Coinbase are the best options for purchasing BTC via your bank account.

Best Debit/Credit Card BTC Purchase

If you’re looking for the best BTC buy with your debit or credit card, Coinbase and our exchange platform are your best options. Exceptional convenience, competitive fees, and top security are just some of the perks on offer.

Conclusion

Now that you have all the information you need to proceed with your BTC purchasing, we recommend visiting our website to find out more about cryptocurrency, Bitcoin and other available cryptos, and how to manage your BTC wallet, and so much more.

Visit NordikCoin today and get ahead of your crypto game like a real financial expert. After all, think about the future – paper money won’t be around forever.

We wish you all the luck in the world with your future crypto endeavors. Good riddance and happy trading!

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  • 03:00 am

The implementation of e-invoicing, under the GST framework will bring B2B businesses with an annual turnover of INR 100 crore and above under the new compliance gamut from 1st January 2021. To ensure that these businesses are able to transition and manage e-invoicing with utmost ease, Tally Solutions, India's leading business management software provider, will introduce its new fully connected solution – TallyPrime Release 1.1 before the implementation date.

Commenting on this launch Tejas Goenka, Manging Director, Tally Solutions, said: “As India is preparing for the inevitable roll out of e-invoicing over the next few months, we have been working to ensure that our customers have a smooth experience through this journey. We are soon releasing TallyPrime Release 1.1 that provides a end to end connected e-invoicing capability, and in the meantime we have already begun to engage with and educate thousands of businesses on the impact to their business and what they can do about it.”

Tally, a recognized GSP (GST Suvidha Provider) will communicate directly with the IRP (Invoice Registration Portal) to send invoices through TallyPrime in real time. Once authenticated it will receive the unique IRN (Invoice Reference Number) and QR code details from the IRP and update the invoices accordingly. All this will be done seamlessly, and the business owner can simply print the QR code and IRN on the invoice as part of their regular invoicing process. In addition to the e-invoice, the software will also help generate e-way bill numbers for applicable transactions.

Entrepreneurs will also be able to get a holistic view of the status of transactions and manage exceptions with the help of an exclusive e-invoice report and IRN register. Tally’s GSP (Tally India Pvt Ltd) has followed strict information security policies as per international standards and has been awarded with ISO27001:2013 certification. TallyPrime users will always remain in control of the e-invoicing process through useful alerts that will prevent redundancy, ensuring that the latest data is shared with the IRP. Alerts will also help safeguard against accidental modification /deletion /cancellation of e-invoices. The software will also help manage rare situations of internet downtime.

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  • 02:00 am

UK shoppers are increasingly choosing to shop online at their local high street businesses over major national retailers, according to data published today by ShopAppy.com, the online platform connecting customers to their local high streets, supported by Visa and NatWest.

Since March, ShopAppy has seen a threefold increase in users and small businesses registered for its service (1). Over 340,000 customers now use the service to buy products and services from local businesses in their towns and cities, and have them delivered to their door, showing continued growth in public support for small high street businesses in the grip of coronavirus lockdowns.

The Yorkshire-based start-up aims to ensure small businesses can trade with local communities and grow their online presence, making it easier for locals to discover and support them in one place online, and despite restrictions on non-essential shops and decreased footfall in physical stores over the course of this year.

The increase in customer usage seen by the platform is reflected at a national level too; a separate study carried out by NatWest in September found that spending in Britain’s towns and smaller cities is up over 30% year on year (2).

Over 2000 businesses across the UK now sell their products through ShopAppy in 170 towns across the UK. Since April, the service has also partnered with local public transport, taxi and courier services across the country to facilitate home delivery to customers

Founder & CEO of ShopAppy.com, Dr Jackie Mulligan, comments: “It’s been a devastating year for local businesses on our high streets, but I have been overjoyed to see that their fighting spirit remains as strong as ever. We have seen a record increase in the number of businesses joining our platform over the course of 2020 and the variety of goods on offer is now greater than ever.

“What’s even more encouraging is that the wider communities in towns and cities across the UK are now getting behind our high streets. We’re thrilled to be working with the likes of Visa and NatWest to help reach even more high street businesses and customers, and look forward to a busy Christmas period.”

With the support of NatWest, ShopAppy.com is offering free three month sign-ups to UK business customers until February 2021, allowing them to offer their products and services alongside other businesses in their towns and cities on the platform. NatWest has been a supporter of CEO Dr Jackie Mulligan for several years, with the entrepreneur a former graduate of the bank’s Entrepreneur Accelerator programme.

Andrew Harrison, Head of Business Banking, NatWest, said: “As the UK’s number one bank for business, it’s really encouraging for us to see small, local businesses seeing considerable growth on platforms like ShopAppy during the pandemic. That increased presence is a testament to the agility and innovative nature of UK SMEs, and we want to help more small businesses use services like ShopAppy to reach more customers, regardless of the ongoing uncertainty of many sectors. We’re delighted to be offering free sign ups to our customers until February next year to help make that happen.”

High street businesses can register to join ShopAppy.com or find out more about the platform’s new offering by visiting www.shopappy.com

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  • 05:00 am

BigCommerce (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established brands, today reported that its merchants experienced record-breaking sales during Cyber Week, the five day shopping period spanning Thanksgiving through Cyber Monday. Analysis of platform-level data shows that BigCommerce’s global merchant base saw an approximate 74 percent year-over-year (YoY) increase in gross merchandise volume (GMV) recorded by BigCommerce, led by an approximate 86 percent YoY GMV increase on Sunday and an approximately 84 percent increase on Thanksgiving Day. Additionally, the BigCommerce platform saw 100% performance uptime, marking the seventh consecutive year of zero reported site downtime during the peak holiday period. 

“This year, brands and retailers needed to grow spectacularly online to make up for unprecedented challenges offline. The success that BigCommerce merchants saw during Cyber Week reflects the quality of their ecommerce websites and the ever-expanding willingness of consumers to shift their spending online,” said Brent Bellm, CEO at BigCommerce. “2020 will be the biggest year of ecommerce growth in history, by far. We are proud that BigCommerce plays an essential part in helping businesses provide engaging, reliable and secure digital sales experiences.” 

Merchants also benefited from an approximate 17 percent YoY increase in average order value (AOV), led by a $164 AOV on Cyber Monday. Desktop, which accounted for approximately 53 percent of total platform sales, reigned as the primary purchase device throughout the majority of Cyber Week, bringing in an approximate 78 percent increase in GMV YoY. Despite this, total GMV on smartphones saw a more than 77 percent increase from last year, highlighting it as a growing driver in ecommerce sales. 

Additional Cyber Week Insights: 

  • Sunday saw the highest YoY increase in overall GMV; however, Black Friday was the most popular day for making purchases over the five-day period. 
     
  • Year-over-year, the number of orders occurring during Cyber Week increased by approximately 48 percent, highlighting the fact that consumers were buying more online this year. 
     
  • At an industry level, Sporting Goods, Furniture and Apparel saw the largest YoY GMV increases during Cyber Week. 
     
  • The United States, United Kingdom and Australia were the top-selling countries worldwide during Cyber Week, with Texas, California and Florida driving the highest GMV in the US. 
     

Methodology 
BigCommerce’s Cyber Week data is based on a comparison of total platform sales that occurred between November 28-December 2, 2019 and November 26-30, 2020. It represents information from thousands of small, mid-sized and enterprise global retailers selling on the BigCommerce platform. 

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  • 03:00 am

The Coronavirus (COVID-19) pandemic ranks as the greatest threat to global financial stability in 2021, according to a new survey published by The Depository Trust and Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, with nearly one third (31%) of survey respondents citing the pandemic as the top risk, with two thirds (67%) citing it as a top 5 risk.

Impact of COVID-19 Pandemic on Financial Stability in 2021

More specifically, when asked how the COVID-19 pandemic may affect financial stability going forward, 68% of respondents cited concerns that equity valuations are stretched, reflecting unrealistic expectations about the economy’s recovery. Nearly the same percentage of respondents (67%) believe that fiscal stimulus measures, while effective at preventing a short-term economic collapse, may have unintended consequences that could prove disruptive to financial stability in the longer run.

A majority of respondents (55%) expect market volatility in 2021 to be substantially higher than historical averages. Similarly, 42% of respondents expect systemic risk and financial instability to be worse in 2021 than in 2020.

“It is safe to say that 2020 can be classified as a year that defied predictions. As the coronavirus spread around the world in March, we saw unprecedented volatility and trade volumes across nearly every asset class,” commented Andrew Gray, Group Chief Risk Officer at DTCC. “Despite these challenging conditions, financial market infrastructures around the world have proved resilient, demonstrating their crucial role in safeguarding financial stability.”

Other Top Risks

  • Cyber risk: Cyber risk was cited as a top five risk by 54% of survey respondents, a decrease from 63% in last year’s survey. Several respondents commented that cyber-attacks are becoming increasingly sophisticated, adding that cyber risk is “always an underlying threat.” Numerous respondents also highlighted the growing prevalence of cyber risk due to increased remote working environments as a result of the pandemic.
     
  • Geopolitical risks: Half of survey respondents included the outcome of the U.S. presidential election within their top five risks, highlighting that the election outcome is expected to directly impact trade, fiscal and monetary policies for the next few years. Geopolitical risks and trade tensions were cited as a top 5 risk by 45% of respondents this year.
     
  • Global debt: The survey indicated growing concerns about the risk created by excessive global debt, with 33% of respondents citing this as a top 5 risk, up from 24% last year.

“Global debt levels, which were already elevated prior to the coronavirus outbreak, have increased due to a series of stimulus measures and monetary policy accommodations,” said Michael Leibrock, Chief Systemic Risk Officer at DTCC. “While these actions successfully mitigated some of the pandemic’s short-term economic impact, the sustainability of the resulting high debt levels could present challenges in the future.”

DTCC conducts its Systemic Risk Barometer each year, with its last survey, the 2020 Risk Forecast, published in December 2019.

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  • 02:00 am

Itiviti, a leading trading technology and service provider to financial institutions worldwide, today announced a large-scale, multi-year hiring plan to support the company’s growth and continued investment into its FX and Fixed Income trading technology across markets in Europe, North America and Asia. 

“This hiring plan is a part of our multi-year strategy to deliver innovative and reliable technology that will help our clients achieve sustainable long-term growth,” said Rob MacKay, CEO, of Itiviti. “We grew our team by over 6% in 2020 and we plan to accelerate that growth in 2021.”   

Itiviti will be adding more than 200 new research and development (R&D), quality assurance (QA) and client service positions in 2021 and 2022 to keep pace with the firm’s ambitious product roadmap. The majority of new staff will be joining the company in its St Petersburg, Cluj and Mumbai offices.

"Launching such a large scale investment in staff during this time while other organizations are downsizing is very exciting and promising for us,” said Karoline Raets, Head of People Office, Itiviti. “Throughout the pandemic our flexible work environment has kept employees highly engaged and motivated with no adverse impact on the company’s performance.  As such, we are very enthusiastic about the career opportunities we can offer going forward for both internal and external talent.” 

Continued MacKay: “We made a lot of progress this year to improve our offering in the face of rapidly changing market requirements As trusted providers of trading and connectivity solutions, our commitment to innovation will enable us to deliver on the full potential of our platform no matter where and how our clients choose to operate.” 

Visit our newly revamped website and keep up to date on open positions here: https://www.itiviti.com/careers!

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  • 04:00 am

Acronis, a global leader in cyber protection, today released its 2020 Acronis Cyberthreats Report, its in-depth review of the current threat landscape and projections for the coming year. Based on the protection and security challenges that were amplified by the shift to remote work during the COVID-19 pandemic, Acronis warns 2021 will bring aggressive cybercrime activity as criminals pivot their attacks from data encryption to data exfiltration.

Ransomware continues to be the leading threat, with Maze ransomware accounting for nearly half of all known cases in 2020. Yet the Acronis Cyberthreats Report points to a growing trend of cybercriminals trying to maximise their financial gain. Not content to collect ransoms to decrypt infected data, they steal proprietary – and sometimes embarrassing – data before encrypting it. They then threaten to publicly release the stolen files if the victim doesn’t pay up.

Acronis reports that more than 1,000 companies had their data leaked following a ransomware attack in 2020 – a trend that is expected to accelerate in the coming year, overtaking encryption as the criminals’ primary tactic.

“More than any year in recent memory, 2020 posed a tremendous number of challenges to IT professionals, organisations, and the service providers who support them,” noted Stas Protassov, Acronis co-founder and Technology President. “What we’ve seen is how quickly bad actors are adjusting their attacks to the new IT landscape. By analysing the activity, attacks, and trends we’ve detected and clearly presenting our findings, we hope to empower our partners and help the IT community at large prepare for the threats on the horizon.”

Takeaways of the Acronis Cyberthreats Report

Among the other notable findings in the Acronis Cyberthreats Report include:

  • Attacks against remote workers will increase. While 31% of global companies reported daily cyberattacks in 2020, the frequency of attacks targeting their remote workers is projected to increase in 2021, since the defences for systems outside of the corporate network are more easily compromised, giving bad actors access to that organisation’s data.
  • Ransomware will look for new victims, become more automated. Rather than continuing to cast a wide net, ransomware attackers will focus on targets that provide a bigger return on their efforts. Breaking into one network to steal data from several companies is more profitable than attacking individual organisations. So, while small businesses will still be targeted, cloud environments and organisations like managed service providers will become more valued targets because their systems can provide access to the data of multiple clients.
  • Legacy solutions struggle to keep up. Blocking the new malware has rendered traditional antimalware solutions obsolete, as they cannot keep pace with the increased sophistication and frequency of new threats. The average lifespan of a malware sample in 2020 was just 3.4 days. As attackers continue to utilise automation, the number of malware samples will continue to climb. Organisations will need to find new approaches to protection that are agile and designed to stay ahead of new threats. Simple standalone security and backup solutions will no longer be enough.

Evolving responses to evolving threats

“When it comes to existing solutions and strategies, the current trends in cyberattacks all show that traditional cybersecurity is failing – usually because of weak technologies and human error, which are both avoidable,” added Candid Wüest. the VP of Cyber Protection Research at Acronis and co-author of the report. “Just as cybercriminals are evolving their attacks, organisations need to advance their protection and security. Comprehensive cyber protection solutions offer the integration and automation that eliminate complexity, optimise performance, and streamline recovery when a successful attack inevitably occurs.”

Acronis has been a pioneer in cyber protection, which is the integration of data protection, cybersecurity, and endpoint management. To protect all data, applications and systems, Acronis solutions are designed to address the Five Vectors of Cyber Protection – safety, accessibility, privacy, authenticity, and security (SAPAS).

Creating the 2020 Acronis Cyberthreats Report

The 2020 Acronis Cyberthreats Report is based on examining attack and threat data collected by the company’s global network of Acronis Cyber Protection Operations Centres (CPOCs), which monitor and research cyberthreats 24/7. Malware data was collected by more than 100,000 unique endpoints around the world running Acronis Cyber Protect, which launched in May 2020, and covers attacks targeting endpoints detected between June and October.

The full report provides in-depth insights into the top security/threat trends the CPOCs observed in 2020, a review of malware families and related statistics, a deep dive into ransomware’s most dangerous groups, the vulnerabilities that contribute to successful attacks, and Acronis’ complete security forecast and recommendations for 2021.

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  • 02:00 am

The Singapore Fintech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH), the world's first week-long round-the-clock, hybrid digital and physical event, will run from 7 to 11 December 2020. Organised by Monetary Authority of Singapore and Enterprise Singapore, the event will feature a unique hybrid format that combines a 24-hour online event platform with global satellite events around the world.

SFF x SWITCH 2020 will feature a digital city that will allow participants access to over 650 speakers from the global innovation and tech community, 150 content partners, 200 sessions to engage participants and more than 900 exhibitors on the Digital Singapore platform. Participants can access live content broadcasts running round-the-clock and on-demand sessions. Established speakers participating at SWITCH include:

  • Dr Chi Youngcho, President and CIO, Hyundai Motor Group
  • Timothy Draper, Founding Partner, Draper Associates
  • Henry Ma, Executive Vice President and Chief Information Officer, WeBank
  • Professor H.S. Philip Wong, Willard R. and Inez Kerr Bell Professor in the School of Engineering, Stanford University
  • Albert, Co-Founder, Traveloka
  • Ye Gang, Group Chief Operating Officer, Sea Ltd

The SWITCH Global Channel, curated by SWITCH's global innovation partners allows participants access to market knowledge, opportunities, insights and tips on business culture from over 42 cities in 31 countries across Africa, Asia (China, India and Southeast Asia), Europe, Middle East, North America and Northeast Asia & Oceania.

Another highlight of SWITCH is Asia's most exciting global startup competition, SLINGSHOT, happening from 7 to 9 December. The Top 100 global startups stand a chance to win over S$7.5 million worth of prizes, including resources such as office space, cloud credits and mentorship to help global startups take root in Singapore.

Key panels during SWITCH include:

SWITCH Connect Channel

Co-Innovation in Smart Cities -- Accelerated Through a Resource Integrator

Hosted by CapitaLand

Unique opportunity to learn how global companies - DHL, Kone and Schneider Electric - continue to innovate and co-innovate with partners to stay at the top of their game, and the role that the recently launched Smart Urban Co-Innovation Lab can play.

Deep Tech Summit: Deep Tech for a Post-COVID-19 World

Hosted by SGInnovate

With humanity facing pressing challenges in health, climate change, we want to explore the promise of deep tech to help our future economy and society be more resilient, liveable and sustainable, particularly as we begin to rebuild in the post-COVID-19 era.

The Rising Asian Founders

There's a fascination around entrepreneurs. Often characterised by an appetite for risk, overcoming odds and being the leaders of change in their generation. They are a diverse group of individuals who share the drive to risk it all while making the impossible possible. Tune in to hear the rising founders of Southeast Asia share their story on how they got to where they are today.

Why We Need 'Open Innovation' to Tackle the Biggest Global Challenges

Hosted by UNDP

In tackling our biggest challenges -- from COVID-19 to climate change -- we need to use the best of human talent, wherever it may be found. Open innovation is about collaboration and community: building talent, solutions, and partnership. Join us to hear more about how it's working in practice, and how you can get involved.

 

SWITCH Global Channel

Market Access: Southeast Asia - The Diversity of Corporate Innovation in Southeast Asia

Central Group, VNG Corporation, Dexa Group

The unprecedented challenges arising from the pandemic presents opportunities for Southeast Asia's corporates to reimagine their operating models. Join us as we discover the diversity of corporate innovation in Southeast Asia.

Corporate Innovation in China

Ericsson ONE, Boehringer Ingelheim

In today's everchanging digital world, innovation is crucial. Find out from Patrik Sandin, Director of Ventures & Growth, Ericsson ONE and Hong Wa Poon from Boehringer Ingelheim, BIX China, about how the economic landscape has evolved, and the opportunities available in the corporate innovation space.

Germany Singapore Business Forum (GSBF) Connect X Switch 2020

The panel will shed light on how open innovation helps create growth opportunities and targeted solutions to address rapidly-evolving market demands. Participants can benefit from the practical insights of our guest speakers from Germany and Singapore on what to expect and how to get started on their own open innovation journeys.

Edges of Southeast Asia

Deloitte, US-ASEAN Business Council, Economic Development Board (Singapore)

There's much more to Southeast Asia than what the headlines and numbers tell you. Hidden in plain sight are Edges -- people, places, and platforms that are pushing against the boundaries and transforming Southeast Asia from the inside. Join leaders and experts from Deloitte, the US-ASEAN Business Council, the Singapore EDB and more, as we take an unflinching, refreshing look at Southeast Asia from its Edges, and discuss what they mean for the future of the region and the world.

Navigating the New Funding Landscape in India and Southeast Asia

256 Network

Catch the leaders of leading venture firms like Qualcomm Ventures, KB investment and B Capital as they share insights on the funding landscape in India and Southeast Asia.

For more information, please visit www.switchsg.org. You can register for SWITCH 2020 at www.bit.ly/32P2EQg.

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  • 03:00 am

Fime has become one of the test laboratories able to perform Androidj biometric security evaluation. A growing number and variety of Android devices rely on face and fingerprint recognition for device unlock and user authentication. All implementations must meet Android’s requirements to protect end-users.

Fime is now helping smartphone OEMs, biometric component and software providers to evaluate anti-spoofing abilityk and achieve successful Android compliance.

Stephanie El Rhomri, VP Testing Services at Fime, comments: “To ensure stronger security, Android encourages its partners to have their biometric security evaluated by a test laboratory that meets Android requirements. Our experts and lab services have supported the biometric community to verify the performance and spoof attack detection biometric solutions for a range of standards. This is an exciting new offering to facilitate smoother, more secure user experiences.”

From expert consultation to training, tools, laboratory validation services and tailored testing services Fime helps the biometric and device OEM communities to launch innovations quickly, easily and safely.

 

jAndroid is a trademark of Google LLC.
kSpoofability is measured by the Spoof Acceptance Rate (SAR) of the biometric. SAR is a metric to measure how resilient biometric technology is against a dedicated attacker.

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  • 08:00 am

Waymark Tech, a UK-based RegTech providing global regulatory insight and analytics to the private and public sectors, has been named, for the fourth year running, in FinTech Global’s RegTech100 List of the world’s most innovative RegTech companies. Waymark is one of only ten companies globally to have received this accolade in four consecutive years.

To be included in the RegTech100, companies are assessed by industry experts against clear criteria, including the significance of the problem they solve, innovation in their solution, customer traction, and potential impact. This year there were more than 1,000 entrants, with 62 of them new.

Compliance challenges and the pace of regulatory change have been heightened by the shift to remote work during Covid-19. This has put the spotlight firmly back on Regulatory Technology and therefore to be once again named in the top 100 RegTech firms is a huge honour. To be one of only ten firms that have been featured in every edition since its inception is a testament to the hard work of our team, our technology, and the value of strong partnerships with our clients,” said Mark Holmes, Founder and CEO of Waymark Tech.

The RegTech100 list scours the globe to identify the most innovative providers of solutions that address regulatory challenges and issues facing businesses in financial services. Finalists are recognised for their pioneering use of technology to solve a significant industry problem, to generate cost savings, or to make efficiency improvements in regulatory and compliance management.

The use of RegTech solutions to transform the compliance function is an increasingly critical component of financial institutions around the world. The prestigious RegTech100 list is one of the first ports of call for senior management and compliance staff to be able to assess the best solutions for their needs in the current marketplace.

Waymark Tech’s leading-edge technology uses Artificial Intelligence, Machine Learning, and Natural Language Processing to deliver tailored and actionable regulatory and enforcement content to its users, in real-time. Assisting government agencies, legal and professional services firms, and financial institutions, Waymark is delighted to have been recognised yet again for its innovative and flexible solutions.

Learn more about Waymark Tech by visiting the company website at www.waymark.tech.

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