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Infographic: why your moat is no longer enough to protect your castle

Infographic Fortify Your Castle Q2

In the 1600s, Spain built an impregnable defence system to protect the San Juan Bay in Puerto Rico. This defence in-depth system fortified San Juan with three lines of defence, marking a high point in military engineering for the time period. A similar model could be used to protect your institution’s account holders from today’s cyberattacks. But with 15.4 million Americans falling victim to identity fraud last year, three lines of defence are no longer enough.

Fintech funding round-up: 18 August 2017

Attratti dal denaro

We’ve got your back if you want to keep track of financial backing. Our latest fintech funding round-up features Options, Instamojo, AnyPay, Aegon and Funding Circle. Options, a provider of cloud-enabled managed services to capital markets, has received nearly $100 million in investment from New York-based private equity firm Bregal Sagemount. The money will be […]

Blockchain and Bitcoin round-up: 18 August 2017

SAP launches Blockchain-as-a-Service

Quickly following on from the round-up on 16 August, here’s more blockchain and Bitcoin action. Features the Australian government, Blockchain (as in the firm), ShapeShift, Bitstamp and Payza. The Australian government has launched a crackdown on money laundering and terrorism financing – including the digital currency exchange sector being regulated for the first time. The […]

Fintech layoffs round-up: 18 August 2017

FSB: fintech brings risks and benefits

A distinctly cheerless round-up as we highlight some key moments regarding fintech layoffs. Features Simple and Royal Bank of Scotland (RBS). US-based digital banking service Simple has fired 33 staff members (about 10% of its workforce), including several executives, according to The Oregonian. Simple’s CMO, chief people officer, VP of operations, and VP of engineering […]

Infographic: UK’s blockchain job market

Infographic blockchain jobs UK

Blockchain vacancies in the UK increase by 25% with Britain posting three times as many jobs as Germany – and more findings in this infographic.

LendingRobot joins NSR Invest to form biggest roboadvisor in marketplace lending

LendingRobot 1

P2P lending roboadvisor LendingRobot will join NSR Invest, creating what it calls “the largest independent roboadvisor in the alternative lending space”, reports Finovate (Banking Technology‘s sister company). LendingRobot explains in its blog that the “websites, operating, and trading systems” of each platform will continue to function as usual for the time being as the companies prepare […]

Infosys CEO quits after personal attacks

Infosys

Infosys’ MD and CEO has resigned, citing a continuous stream of distractions and disruptions, and personal and negative attacks on his performance. In his notice of resignation, Dr Vishal Sikka, complained of “false, baseless, malicious and increasingly personal attacks” from the company’s founders. Sikka’s exit pushed Infosys shares down around 8% – and follows a […]

Top fintech stories this week – 18 August 2017

Banking Technology logo

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Infographic: making security manageable through network segmentation

network-segmentation-infographic

This infographic, created by Tufin, looks at the current threat landscape and how network segmentation can help keep organisations secure from today’s sophisticated cyberattacks.

HSBC teams with Capita for new broker platform

HSBC-Logo

HSBC is introducing a new improved software platform for brokers and also confirms Personal Touch Financial Services as its next intermediary partner. The new software, provided by Capita, replaces the current system and provides a single platform which “drives greater automation, making it easier for brokers to transact, upload documents, and track details of mortgage […]

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