Tag: financing industry

3d rendering of Staircase and cloud. Success, steps, ladder of success concept.
cloud industry cloud technologies data analysis digital approach economic impact financial services financial services industry

Open Source and Cloud: A Power Couple in Financial Services

Open-source technologies are increasingly attractive to financial services firms. They are in broader usage across the sector as they are more widely available and are easy to adopt, lowering the barriers for usage in new projects. As well as helping clients reduce software and infrastructure costs, the increasing adoption of […]

ESMA Issues Statement of De-Facto Postponement of SFTR Go-Live
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ESMA Issues Statement of De-Facto Postponement of SFTR Go-Live

As the world deals with the Covid-19 virus, SFTR is set to go live with its first phase on April 13th in the EU. However, due to shutdowns across Europe and difficulties preparing for the regulation, banks and industry associations have approached ESMA about postponing the start of SFTR. Today, […]

Cyber, cyber everywhere
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Cyber, cyber everywhere

Is your cyber strategy everywhere too? Organizations are embedding connected digital technologies in their information technologies, operational technologies, and end products, making cyber a top organizational priority. Innovating fast is now contingent on a well-orchestrated cyber program. IN the 21st century, the connective power of technology is giving rise to […]

FCA issues coronavirus cryptocurrency scam warning
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FCA issues coronavirus cryptocurrency scam warning

The UK’s Financial Conduct Authority (FCA) has warned investors to avoid coronavirus-related cryptocurrency schemes that may seem too good to be true. Crypto scams are on the rise to exploit investors In a warning published on its website, the regulator says criminals and scammers are trying to take advantage of […]

Starling Bank raises £60 million
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Starling Bank raises £60 million

Starling Bank, “the leading UK digital bank,” has raised £60 million from its existing investors, Merian Global Investors and JTC. The investment will bring the total raised by Starling to £323 million and follows two funding rounds of £105 million in aggregate led by Merian in 2019. Starling has opened […]

Regulation is the biggest barrier to digital innovation for UK financial institutions
banking platform Capital market data protection Emerging Technology finance financial research financial services industry Innovation innovative solutions Regulation Risk Management

Regulation is the biggest barrier to digital innovation for UK financial institutions

New research released by financial services technology leader FIS™ (NYSE: FIS) reveals that the greatest barrier to UK financial institutions developing digital products, services and operations is regulatory compliance risk. The findings are from FIS’ global Readiness Report, which shows that, by comparison, the biggest barrier to digital innovation for […]

Mercury Payment Solutions and Arion Bank Select Fiserv Anti-Money Laundering Technology
banking platform business development data protection digital currency Emerging Technology financial crime financial research financial services industry

Mercury Payment Solutions and Arion Bank Select Fiserv Anti-Money Laundering Technology

(NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that a payment scheme in the Middle East and a universal bank in Iceland have chosen Fiserv technology to streamline anti-money laundering (AML) processes and effectively manage fraud risk. Mercury Payment Services and Arion Bank were seeking a provider with proven expertise and join more than […]

Thales Enables the Future of Digital Payment Innovations with Next-Generation Payment Hardware Security Module
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Thales Enables the Future of Digital Payment Innovations with Next-Generation Payment Hardware Security Module

Thales, a leader in critical information systems, cybersecurity and data protection, announces the availability of a next-generation payment hardware security module (HSM), payShield 10K, enabling customers to adopt new innovative digital payment technologies easily and securely. The new payment HSM secures digital payments at lower processing costs by using a […]

MiFID II Compliance and Transaction Reporting Reviews Featured in FCA 2019/20 Business Plan
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MiFID II Compliance and Transaction Reporting Reviews Featured in FCA 2019/20 Business Plan

The FCA has published its 2019/20 Business Plan. The document features the regulator’s focus of supervisory priorities for this year and next. Included are eight priorities across the seven sectors that the FCA regulates. Not surprising, MiFID II compliance and review of data was included in areas the FCA will […]