Ripple, the leader in enterprise blockchain and crypto solutions, today announced Warren Jenson is joining its Board of Directors. A seasoned CFO and operations leader, Jenson brings decades of experience in business at today’s most recognizable companies including Amazon, Delta Airlines, NBC, Electronic Arts and Nielsen to Ripple as the company continues to expand its presence in global markets. Jenson has also been appointed as the Chair of the Audit Committee, the coalition of independent experts overseeing the formal auditing process of Ripple’s operations.

“Ripple is in the midst of unprecedented scale, and Warren's background will be invaluable as Ripple continues to be a responsible global leader in the space,” said Brad Garlinghouse, CEO, Ripple. “Transparency and accountability are core pillars of Ripple’s operations; as an established CFO with operational knowledge across a variety of sectors, Warren’s unique expertise and experience as a transformational leader will be an incredible resource guiding our next steps for broader adoption of Ripple’s offerings from customers around the world.”

Jenson has managed the financial operations as CFO for companies driving innovation as leaders in their respective sectors for more than three decades, having most recently been named Chief Financial Officer of Nielsen. In addition to his position with Ripple, Jenson serves on the Board of Directors for DigitalOcean and Jobcase. He brings his passion for innovation and leadership to the National Advisory Committee for the Marriott School of Business at Brigham Young University and the Board of Leaders for USC’s Marshall School of Business.

“Throughout my career, I’ve been fortunate enough to join iconic companies driving transformative change in their respective fields, which is why I’m excited to join Ripple at a pivotal time when cryptocurrency and blockchain technologies are increasingly becoming integrated into financial services,” said Warren Jenson. “For cryptocurrency to successfully deliver on its potential to revolutionize traditional financial infrastructure, companies in the space must prioritize transparency. I’m excited to bring my experience to the company and share Ripple’s commitment to upholding the highest standards.”

On Ripple’s Board of Directions, Jenson joins esteemed leaders including Former Treasurer of the United States Rosie Rios, Former JPMorgan Chase Chief Regulatory Affairs Officer Sandie O’Connor, and Managing Director of Albright Stonebridge Group Michael Warren.

Multi-asset broker Vantage (or “Vantage Markets”) is pleased to announce its partnership programs have been recognised in LATAM, MENA, and globally. 

Vantage received the “Best Introducing Broker Program MENA 2023” and the “Best Affiliate Program LATAM 2023” at the International Business Magazine Awards 2023. Globally, Vantage was awarded the “Best Forex Affiliate Program, Global 2023” and “Best Affiliate Program, Global 2023” by Global Brands Magazine.

Vantage has built a thriving partnership community over the years, with over 20,000 active affiliates and introducing brokers (IBs) globally, and some of the most generous and flexible commissions and rebate structures in the industry. Its partners platforms - CellXpert and Next-Gen IB portal - provide comprehensive educational and marketing resources that empower affiliates and IBs to grow their network, with the support their clients need.

Last year, Vantage successfully organised the Affiliate World Cup 2022 - a global partnership competition designed to reward their affiliates and IBs for their support and contribution. 

Nino Rong, Affiliate Program Manager, Vantage LATAM, says “At Vantage, we aim to offer the best framework and referral program to suit local requirements, so our new and existing partners can build a sustainable ecosystem and monetise their outreach and engagement efforts.” 

Nadine Azzam, Head of MENA, Vantage, adds, “We are humbled to be recognised at the International Business Magazine Awards 2023 and would like to thank our valued partners - a key cornerstone of our business - for their continued support.” 

Marc Despallieres, Chief Strategy & Trading Officer, Vantage, says “Our growth over the years has been underpinned by the success of our affiliates and IBs under Vantage Partners. Even as we expand our retail business, we remain fully committed to providing our affiliates and IBs with the best resources and support to build their business for the long haul.”

Eventus, a leading global provider of multi-asset class trade surveillance, market risk and algo monitoring solutions, has won the RegTech Insight Europe Award for Best Trade Surveillance Solution for the second consecutive year. The award, bestowed yesterday in London, marks the fifth RegTech Insight award the firm has earned since 2019. 

Nick Wallis, Eventus Head of Sales, International Markets, said: “We’re truly honoured to win this award again, which is a testament to our ability to help clients navigate the regulatory environment in the region and ensure they are employing best practices in their surveillance programs. Our team added a diverse range of new clients in the Europe, Middle East and Africa region, and we look forward to welcoming more throughout the year.”

Angela Wilbraham, CEO at A-Team Group, and host of the RegTech Insight Awards Europe 2023, said: “These awards celebrate both established solution providers and innovative newcomers of RegTech solutions, services and consultancy to capital markets in Europe. Many congratulations to Eventus for winning Best Trade Surveillance Solution in recognition of their contribution to the global financial services industry. They should be deservedly proud of their achievement in a closely fought and highly competitive contest.”

Eventus continually updates the Validus platform based on its own innovations as well as enhancements and features identified through its collaborative process with clients. Among the region-specific enhancements introduced recently were increasing clients’ asset class coverage across European Union (EU) energy markets by enabling cross-venue surveillance for on-exchange and over-the-counter (OTC) gas and power spot markets. The firm also increased coverage with the addition of EU-based multilateral trading facilities (MTFs), systematic internalizers and digital asset intermediaries.

Presented at a luncheon ceremony in London, the awards were determined by votes from throughout the capital markets community. RegTech Insight, an A-Team Group publication, said this year’s awards attracted a record number of votes, following the selection of the shortlist in each category by the editorial staff and RegTech Insight Awards Advisory Board.

The annual RegTech Insight Awards Europe recognize both established solution providers and innovative newcomers providing regulatory technology solutions that throughout the year have successfully improved firms’ ability to effectively respond to the evolving and ever more complex regulatory requirements across the global financial services industry.

Eventus has earned more than 30 awards and honours to date for best-in-class technology and service, including the RegTech Insight recognition for Best Trade Surveillance Solution addressing regulations in the U.S., Europe and Asia-Pacific (APAC).

iDenfy, an end-to-end RegTech company providing AI-powered identity verification and fraud prevention tools, partnered with DripDropz, a comprehensive platform providing token dispensing services to the Cardano community. iDenfy will be responsible for improving the infrastructure's security by safeguarding the transfers of digital assets with full-stack ID verification. 

The Cardano community, along with the projects and stakeholders, are actively engaging in discussions around security topics to ensure robust fraud prevention and compliance in the cryptocurrency ecosystem. Despite that, according to iDenfy, the nature behind digital assets and their users lie in preserving the principles of decentralization and user privacy.

Cardano is a proof-of-stake blockchain platform pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies, one of the niche’s members being iDenfy’s new partner, DripDropz. The quickly scaling blockchain platform currently has over 27,000 registered users benefiting from the intuitive platform’s wide selection of distribution parameters.

DripDropz aims to become a hub for token rewards, where projects can thrive, and delegates can enjoy a wide selection of tokens. By fostering inclusivity, DripDropz officials claim they’ve created a vibrant ecosystem that benefits everyone involved. With its user-friendly interface, DripDropz simplifies the withdrawal process, allowing users to claim their tokens effortlessly. By offering a wide selection of tokens, DripDropz ensures that users can choose rewards that align with their preferences and investment goals.

The main challenge for DripDropz revolves around finding the right balance between privacy and compliance. While identity verification measures help prevent illegal activities and ensure regulatory compliance, it’s a known narrative that users of the Cardano community emphasize the importance of preserving privacy and anonymity. To mitigate fraud risks and remove concerns related to centralized identity verification systems, DripDropz integrated iDenfy’s identity verification solution tailored to the crypto user audience. 

The new integration ensures a seamless and trustworthy verification process for users, mitigating account takeover (ATO), data breaches, and other risks while enhancing overall security. By collaborating with iDenfy, DripDropz is pioneering a frictionless Know Your Customer (KYC) solution that meets the unique needs of the platform’s user base. Consequently, the partnership enables DripDropz to offer more secure and reliable services, promoting user confidence and trust within the cryptocurrency space.

iDenfy's KYC software incorporates advanced techniques, such as document verification, liveness technology, and biometric authentication, ensuring the accuracy and integrity of user identities. According to iDenfy, its verification system can be customized to incorporate a two-tier approach. A simplified verification process can be conducted to confirm user identities during registration. A more comprehensive verification process can be employed for depositing funds through payment providers while focusing on a seamless process and user experience. 

iDenfy's KYC plugin eliminates the need for manual documentation review, ensuring a seamless and secure onboarding process for DripDropz users. According to iDenfy, their algorithm has undergone testing using 5 million different face data sets, resulting in a success rate of 98.4%. To ensure the accuracy of these results, iDenfy's in-house team additionally manually reviews each verification, further enhancing the reliability of their verification process. 

“Our collaboration with DripDropz sets a new industry standard for identity verification in the blockchain. By prioritizing security and user experience, DripDropz marks a major milestone in creating a safe and trusted environment for users engaging with token rewards.” — said Domantas Ciulde, the CEO of iDenfy. 

XS.com, the multinational global FinTech and financial services provider has today announced that it will be the Global Sponsor of the Traders Fair taking place on 20th May at the Edsa Shangri-La, Manila, Philippines, in partnership with event organisers FINEXPO. 

James Park, Senior Business Development Manager for Japan at XS.com will also be conducting a seminar from 11:20 to 11:50 about how to build a diversified investment portfolio. Over the years, James has developed a wealth of knowledge and experience in the financial services industry, including understanding different regulatory frameworks, financial policies, and investment strategies.

Andrea Ilies, the Global Head of Events at XS.com, commented on the sponsorship of the Traders Fair taking place in the Philippines:

“The Traders Fair is one of the leading financial services events in Asia and the organisers FINEXPO are constantly innovating their approach to exhibiting in the region. We’re proud to be the Global Sponsors of this event and part of their interactive series of educational and networking events taking place throughout Asia and the rest of the world. XS.com extends a warm invitation to all participants, inviting them to join our team of highly skilled professionals for captivating discussions and personalised assistance with their queries. I and everyone at XS.com are thrilled at the prospect of forging connections with attendees and presenting our state-of-the-art trading solutions and services - which are at the forefront of the industry.”

Shorena Jejeia, CEO of FINEXPO said:

“We are very happy to be announcing and welcoming XS.com as our trusted Global Sponsor. Traders Fair stands out as a remarkably successful event due to its engaging format, which combines educational seminars and workshops led by renowned experts, extensive networking opportunities with influential figures and global brands in the industry, exciting lucky draws, and interactive activities. The event attracts trading experts from around the globe who generously share their insights and experiences on foreign exchange, stocks, futures, and options. Our long-standing collaboration with XS Group has been consistently fruitful, and we are delighted to have them on board once again.”

XS.com welcomes all attendees to join their team of skilled professionals for engaging discussions and personalised query resolution. The XS Group is excited to establish connections with participants, showcasing the broker's cutting-edge trading solutions and services.

Nebulon, Inc.^®, the pioneer of cyber-resilient smartInfrastructure^TM for data centres edge to core, announced TripLine™, a new threat detection service designed to alert customers when a cryptographic ransomware attack has been detected, as well as the precise location and point-in-time the attack occurred. The company also announced smartDefense, a cybersecurity solution that narrows threat vectors, detects ransomware attacks, and accelerates recovery.

Despite the growing awareness about the dangers of ransomware—nearly two-thirds (63%) of the codebases in production have unpatched vulnerabilities rated “High” or “Critical” according to the March 2023 Unit 42 Cloud Threat Report¹. The same report also cites an average response time of approximately six days to a security alert, whereas it only takes a few hours for threat actors to start exploiting a newly disclosed vulnerability.

Nebulon TripLine is the first combined server-storage threat detection solution for cryptographic ransomware. The new smart infrastructure service can identify attacks on application data as well as the operating system and application software. TripLine is enabled within two parts of the Nebulon solution: (1) the Nebulon Secure Enclave, an isolated infrastructure domain that includes all server lights-out management, data services, boot and data volumes, and attached SSDs, and (2) the Nebulon ON cloud control plane.

Machine learning (ML) runs in the Secure Enclave and identifies encrypted versus unencrypted blocks in real-time. Every 30 seconds, these results are sent to the Nebulon ON cloud, which uses a combination of ML and statistical models to compare that data to the historical average of encrypted blocks for a given volume. A spike in encrypted blocks will generate an alert within a few minutes of the first suspicious result.

“As a provider of Electronic Medical Records and Practice Management solutions, HIPAA compliance is a top priority for our organisation and our clients,” said Hamid Amjadi, CTO of Prime Clinical Systems. “Nebulon’s new ransomware detection service, combined with their existing recovery features, helps us better protect patient privacy and should be a checklist item for any healthcare provider looking to bolster HIPAA compliance.”

Hyper-converged infrastructure (HCI), which provides no isolation between infrastructure services and application services, is particularly vulnerable to cyber-attacks. When the HCI operating system (OS) becomes infected, data services become unavailable and the disks that store snapshots protecting application data become compromised, making fast recovery impossible. This leaves enterprises with no choice but to re-install and reconfigure operating systems and clustering software, then recover application data from backup servers which also likely have been compromised—a process that can take days or even weeks.

Unlike HCI, Nebulon TripLine enables performant ransomware detection and recovery of the entire physical infrastructure without resorting to re-installation or backups. Combined with Nebulon ON, enterprises can benefit from push-button, API-accessible recovery of all affected volumes using TimeJump, Nebulon’s 4-minute ransomware recovery service.

Nebulon also announced smartDefense, a new smart infrastructure solution for narrowing threat vectors, detecting ransomware breaches, and accelerating recovery. smartDefense is intended to complement what organisations have in place for their cybersecurity framework, adding a solution for the deep server-storage application infrastructure. smartDefense protection relies on Nebulon ImmutableBoot, which maintains a known good version of the operating system and application stack within the Secure Enclave of every server. With every reboot, the server reverts to this trusted software instance, eliminating errant firmware updates or dormant malware in the process.

smartDefense detection and recovery capabilities leverage Nebulon TripLine and Nebulon TimeJump. TimeJump can rapidly recover operating systems, application configurations, and data, reducing recovery time from days to less than 4 minutes for multiple clusters simultaneously. With the addition of TripLine to the smartDefense solution, customers can precisely identify the point of attack within their infrastructure and revert to a secure state using TimeJump, resulting in a significant reduction in overall threat response and recovery time.

“The focus is shifting from perimeter-level protection to comprehensive solutions that cover the entirety of an organisation's infrastructure, and there are woefully few options to protect the server-storage infrastructure,” said Siamak Nazari, Nebulon CEO. “Since powerful detection and recovery services are architecturally built-in, not bolt-on, CISOs and CIOs should demand such capabilities be an inherent part of any modern infrastructure deployment.”