KEEP UP TO DATE WITH THE LEADING NEWS.
Partnership cements Crypto-friendly Nasdaq
Nasdaq Inc. (Nasdaq:NDAQ) and Bcause LLC, creator of the world’s first full-stack cryptocurrency ecosystem, announced Bcause’s markets will operate on Nasdaq’s matching engine, clearing and market surveillance technology via the Nasdaq Financial Framework platform. The technology is expected to go live in 1H 2019 with the launch of the new Bcause spot cryptocurrency market.
“Let this be a warning to digital currency exchange providers: if you fail to comply with your obligations, your actions will not go unnoticed.”
Australian Cybercrime Squad Commander,
Detective Superintendent Matt Craft.
Sberbank adds machine learning-based search in Sberbank Online app
The algorithms offer personal search results based on the users’ behaviour, allowing users to search for contacts for transfers, organizations for payments, app functions and banking products.
Events on Our Radar
Re:Work Deep Learning in Finance Summit
19 - 20 March // London
Speakers from Visa, Google Cloud, Monzo, UBS, and J.P Morgan. Financial Forecasting to Retail Finance and Investment to Pattern Recognition, it will cover many topics.
Cloud leaders announce partnership
Cleo, a leader in cloud integration, announces partnership with Sage, a leader in cloud business management. Cleo integrated market-leading iPaaS platform, Cleo Integration Cloud, with Sage Intacct, a cloud financial management solution from Sage Business Cloud.
Number of UK financial services firms’ reports of data breaches rises steeply in 2018
The number of data breaches reported by UK financial services firms to the FCA jumped 480% year-on-year in 2018, according to research by RPC, reaching 145 for the year, compared to just 25 such reports in 2017. Across segments, the retail banking sector registered the largest increase of data-breach reports, rising to 25 in 2018, from only one the previous year. This raises concerns about the increasing number of cyber criminals targeting banks.
“Let’s not forget that regulation is also about customer protection and, when it comes to financial services, about financial stability, a key reason why the financial services domain is highly regulated.”
chairman of France’s Autorité des Marchés Financiers (AMF)
Nomura Research Institute updates securities back-office system I-STAR/CORE
The solution now helps brokerages comply with the Financial Stability Board’s Standards and Processes for Global Securities Financing Data Collection and Aggregation.