Why risk assessment is important for financial institutions in a digital era
With every opportunity digital technology has provided to banks, customers and counterparties, it has also altered existing risk and often introduced new risk. While digital transformation is creating major opportunities, understanding and navigating through those risk areas is critical.
US Justice Department investigates Visa over debit card practices
Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.
Financial regulation firm AutoRek to boost global growth after undisclosed funding from SEP
Scottish FinTech company, AutoRek secured a significant equity growth investment from private equity firm Scottish Equity Partners (SEP).
FCA censures Premier FX for breaking payment services rules
A City watchdog has publicly censured collapsed payments company Premier FX for failing to safeguard its customers’ money and for misuse of its payment...
Cybersecurity market expected to be worth $199.98bn by 2025
The global cybersecurity market is estimated to reach a value of $199.98bn by 2025, according to new research.
ComplyAdvantage founder backs TreeCard’s $5.12m raise
ComplyAdvantage's founder has backed TreeCard's $5.12m seed raise, which will be used to continue the development of its wooden Mastercard payment card and its tree-planting scheme.
Atos has completed its acquisition of Motiv ICT Security
Managed security service provider Atos has completed its acquisition of Dutch cybersecurity company Motiv ICT Security.
UK cybersecurity firms grew their revenues to $12.51bn in 2020
UK cybersecurity companies grew their revenues to $12.51bn in 2020, representing a 7% increase from 2019 when that figure was $11.69bn.
SolarWinds hackers breached NASA and Federal Aviation Administration networks
NASA and the Federal Aviation Administration have been named in reports as the previously undisclosed governmental agencies breached in the massive SolarWinds attack.
Nearly half of banks could soon be digital – new survey finds
Almost half of the banking executives around the world are looking to digitalise their businesses, according Temenos' new research.
