Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Binfinity goes live with Fusion for low latency connectivity

Fusion Systems Ltd., announced today that Binfinity AG., a global digital asset platform, is now live with Fusion’s RaptorÒ product suite for low-latency exchange connectivity and pre- trade risk control.

04 September 2019

News/Operational risk

Starling opens new UK office

Online bank Starling is today cutting the ribbon on its new office in UK town Southampton as it looks to bolster its operational resources.

02 September 2019

News/security

APAC concern over payment system attacks persists - FS-ISAC

According to the Financial Services Information Sharing and Analysis Center (FS-ISAC), attacks on payment systems are the greatest cause of concern for Asian banks.

19 August 2019

Company update/Operational risk

MineHub and Amphora partner to streamline trading operation

MineHub, the innovative blockchain technology that is digitalizing the mining and metals supply chain, is pleased to announce a partnership with trading, risk management and CTRM provider Amphora, where they will work together in order to assist their customers in streamlining trading operations and risk management. The partnership will see MineHub's platform act as a connectivity layer between Amphora's existing clients.

19 August 2019

Company update/security

DSB reveals appetite for data and cybersecurity analysis

The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives, has today announced the results of their second 2019 industry consultation, revealing a significant appetite for further analysis on functionality that may be helpful in delivering improved data quality, standardization and automation as well as further strengthening the DSB’s cybersecurity processes and governance.

19 August 2019

News/Operational risk

Securities industry close to adopting APIs – SWIFT and BCG

A new joint SWIFT and Boston Consulting Group (BCG) report reveals that interest in application program interfaces (APIs) is rapidly increasing in the securities servicing industry and firms may leverage the technology to handle diversity of asset types.

30 July 2019

News/Operational risk

Wells Fargo's Irish arm fined for regulatory breaches

The Irish central bank has issued a record fine to Wells Fargo for reporting failures by its Irish subsidiary, citing the bank's weak IT systems.

05 July 2019

News/Operational risk

FCA suggests ban on crypto derivatives

The UK's financial services watchdog is proposing a ban on cryptocurrency derivatives for retail investors in order to prevent them incurring large losses in financial instruments they do not understand.

05 July 2019

News/Operational risk

BoE issues cyber attack warning

Banks would struggle to defend themselves against a state-sponsored cyber attack that corrupted their records over a period of months, according to a Bank of England (BoE) official.

19 June 2019

Company update/Operational risk

Model Office launches financial stress-test tool

Regulatory technology firm, Model Office, today announces the launch its new financial stress-test tool that will help advice firms easily identify areas they should focus their operational efforts to help them grow their businesses profitably and efficiently.

18 June 2019

News/Operational risk

Facebook reveals digital wallet plan

Social media platform Facebook has unveiled further details of its much-anticipated digital currency offering, which it hopes will transform financial services.

18 June 2019

Company update/Operational risk

Banks must heed print security blindspots says report

With the FCA reporting that financial services firms in the UK saw a fivefold rise in data breaches in 2018, it is clear that as digital transformation takes hold across the financial sector, businesses are failing to protect their data across ever-expanding networks.

03 June 2019

News/payments

Money 20/20 Europe 2019: Securing the small business commercial model

Money20/20 Europe 2019 kicked off proceedings in Amsterdam with president of the annual event Tracey Davies taking to the stage, exploring the theme of alchemy which is an apt metaphor for the magical solutions that will emerge.

03 June 2019

News/Operational risk

Innovation driving digital acceleration in Latin America

Swift's Latin American Regional Conference (LARC) explored how banks in the region are looking to increase digitisation, while managing cyber and compliance challenges.

29 May 2019

News/Operational risk

Live: Swift Latin American Regional Conference - day two

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

22 May 2019

News/Operational risk

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

21 May 2019

News/Operational risk

Digitisation and collaboration on Ireland's agenda

The SWIFT Business Forum Ireland 2019 explored how Irish financial institutions can deliver a truly digital customer experience through a spirit of collaboration, while staying secure against evolving cyber threats.

07 May 2019

News/wholesale

Barclays invests in simulation tech outfit Simudyne

Barclays has led a $6 million Series A funding round for Simudyne, a simulation technology firm used by banks for things such as stress testing and contagion management.

08 April 2019

News/Operational risk

US reports record surge in electronic trading data

Greater use of electronic trading and market volatility saw a record surge in trading data reported by the US capital markets watchdog in 2018, raising questions about regulators' ability to successfully and safely monitor markets.

05 February 2019

News/Operational risk

Cryptoexchange assets locked after founder dies

Operators of Canada's biggest cryptoexchange are unable to access more than £100m in reserves after its founder died taking the passwords and recovery codes with him.

05 February 2019