Tag : risk management

Akamai Research Finds 65 Percent Increase in Web Application and API Attacks on Financial Services
Cloud Finance News

Akamai Research Finds 65 Percent Increase in Web Application and API Attacks on Financial Services

PR Newswire
by PR Newswire0
Financial services has surpassed gaming as the top vertical for DDoS attacks Akamai Technologies, Inc., the cloud company that powers and protects life online, released  a new State of the Internet report that explores existing and emerging cyberattacks against the financial services industry. The new report, The High Stakes of......
Payment Transaction Fraud Among Key Risks to Business Operations – and Reputation
Business Digital Payments News

Payment Transaction Fraud Among Key Risks to Business Operations – and Reputation

Business Wire
by Business Wire0
New research by Creednz in collaboration with the Ponemon Institute notes rising cases of payment transaction fraud are costing businesses more than just money Payment fraud amounting to billions of dollars remains among the top risks to companies globally, with more than two-thirds of U.S. corporate finance departments reporting some......
EJF Capital Raises Approximately $104 Million for EJF Ventures Fund
Fintech News

EJF Capital Raises Approximately $104 Million for EJF Ventures Fund

Business Wire
by Business Wire0
EJF Capital LLC (“EJF”), a global alternative asset management firm, announced the successful closing of EJF Ventures Fund LP (“EJF Ventures” or the “Fund”) with approximately $104 million in capital commitments. The Fund received support from both new and existing EJF investors. Latest Fintech Interview : Global Fintech Interview with......
Wolters Kluwer Shares Expertise on Digitized Lending to Bolster Equipment Lease and Financing Processes
Lending News

Wolters Kluwer Shares Expertise on Digitized Lending to Bolster Equipment Lease and Financing Processes

Business Wire
by Business Wire0
 Digital transformation of paper processes critical for optimizing the customer experience In a space that has experienced a considerable level of digital transformation in recent years, equipment lease and financing firms continue to persist in an over-reliance on paper processes for a number of customer-related transactions. Given increasing customer demand......
Amber Group Continues to Strengthen Resilience with Enhanced Compliance, Security, and Industry Collaborations
Digital Asset Management News

Amber Group Continues to Strengthen Resilience with Enhanced Compliance, Security, and Industry Collaborations

PR Newswire
by PR Newswire0
Amber Group, a leading global digital asset company, announced its exceptional revenue growth in the second quarter of the year, doubling its figures from the first quarter. This remarkable achievement reflects the company’s unwavering commitment to excellence and innovation across its core business areas, with notable contributions from its market......
Banking as a Service Veteran Stearns Bank Partners With Synctera
Banking News

Banking as a Service Veteran Stearns Bank Partners With Synctera

Business Wire
by Business Wire0
Stearns Bank partners with Synctera to expand its already successful BaaS-driven line of business Synctera, a BaaS (banking as a service) platform and leader in embedded finance, announced that Stearns Bank National Association has joined its dynamic and diverse community of sponsor banks. “We’re very pleased to begin working with......
UST and mistEO Forge Strategic Partnership to Revolutionize Climate Risk Management in the Insurance and Banking Sectors
Banking Fintech News

UST and mistEO Forge Strategic Partnership to Revolutionize Climate Risk Management in the Insurance and Banking Sectors

PR Newswire
by PR Newswire0
Collaboration will streamline climate risks insights, helping organizations incorporate climate resiliency into business strategy UST, a leading digital transformation solutions company, and mistEO, a climate fintech company, have announced their strategic partnership to address the pressing need for accurate, localized weather and climate risk data in the insurance and banking industries.......
KKR Increases Investment in USI Insurance Services
InsurTech Investment Services News

KKR Increases Investment in USI Insurance Services

GlobeNewswire
by GlobeNewswire0
Significant Investment Supports USI’s Long-Term Growth and Continued Innovation as an Industry Leader USI Insurance Services (“USI” or the “Company”), a leader in risk management, employee benefits and retirement consulting, announced that existing shareholder KKR is making a new equity investment of more than $1 billion in the Company. Read......
iBanFirst Transcends Over €2 Billion in Cross-Border Payments for CEE-based Companies in the Two Years
Digital Payments Fintech News

iBanFirst Transcends Over €2 Billion in Cross-Border Payments for CEE-based Companies in the Two Years

Fintech News Desk
by Fintech News Desk0
iBanFirst quickly established itself as a trusted partner for SMEs from Central and Eastern Europe, a region with high level of digitalisation and early adoption of fintech services iBanFirst, a leading global provider of foreign exchange and international payments for businesses, has transacted over €2 billion in cross-border payments for......
Molecule Launches Bigbang, a New Data Lake Platform for Energy and Commodity Trading Organizations
News Risk Management

Molecule Launches Bigbang, a New Data Lake Platform for Energy and Commodity Trading Organizations

PR Newswire
by PR Newswire0
As a New Data-Lake-as-a-Service Add-on to Molecule’s Modern ETRM/CTRM Platform, Bigbang Ignites Deeper Data Insights for Energy and Commodity Traders Molecule Software, the leader in modern cloud-based trading and risk management software for energy and commodities, announced the launch of Bigbang. Bigbang is a new data-lake-as-a-service platform that allows ETRM/CTRM users to......
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