FinTech in Central and Eastern Europe is coming on strong, with fertile environments in which to grow innovations and governments that are doing their best to acquire new investments. These …

The internet of things (IoT) is transforming financial markets around the world, and Asian banks and insurers are benefitting greatly. According to a study by market research firm ReportsnReports, the …

Mobile operator lifecell has begun building the first segment of its internet of things (IoT) project in Ukraine, making use of LoRaWAN technology to do it. LoRaWAN is a data …

Standard Chartered has joined forces with Huawei to create an IoT-powered solution that could completely transform the way corporate companies communicate with banks. The solution allows corporate firms and banks …

Sberbank has joined the Competence Center consortium, which is focused on wireless communications and the internet of things (IoT). The purpose of the Competence Center is to: Initiate IoT research …

SoftBank has completed the first-ever connection test in a commercial environment for non-IP data delivery (NIDD). NIDD allows users to transmit data to internet of things (IoT) devices without allocating …

New connected devices arrive on the market almost daily, and privacy and security issues arising from the use of digital products and services regularly feature in the news. Because of …

The internet of things (IoT) has great potential in the Russian market. Currently, innovations in this area are actively developing; however, a draft decision by Russia’s state commission on radio …

Over the past few years, financial institutions have worked to strengthen their ties with young tech-savvy startups that aim to revamp the way financial services are created and consumed. This …

Large-scale cyberattacks on critical financial infrastructure are a major threat to the safety and stability of the global economy. Recently, a panel discussion at DTCC’s 2018 FinTech Symposium brought together …

PayPal has announced the purchase of the startup company Simility, which makes use of machine learning to combat financial fraud. Simility works by using advanced personal identification technologies to identify …

The London Office for Rapid Cybersecurity Advancement (LORCA) has opened in East London. The center, which will be run by the technology innovation center Plexal, was opened with the intentions …

Darktrace, a cybersecurity company that provides a network “immune system” powered by artificial intelligence, has hit a value of USD 1.25 billion following a recent round of financing. The company …

From facial recognition and iris scans to cryptocurrencies, the Gulf Cooperation Council (GCC)’s cybersecurity market has already reached USD 8 billion this year, and is expected to increase even more …

Various regulations worldwide (e.g. the General Data Protection Regulation (GDPR), the U.S. Foreign Account Tax Compliance Act (FATCA), the Payment Service Directive (PSD2) and anti-money laundering (AML) measures) have supported …

More than 30 technology companies, including Facebook and Microsoft, are planning to announce their refusal to take part in possible cyberattacks organized by any government. This includes attacks against citizens, …

With the global cybersecurity battle growing increasingly sophisticated and merchants’ demand for personalized customer data rising, Walmart and other corporate giants have decided to invest in Team8, a cybersecurity think …

Just how well-equipped are businesses at recognizing their customers’ identities online? What types of investments are they making in customer recognition? And to what degree are they able to accurately …

NetGuardians, a Swiss cybersecurity specialist, is bringing its fraud fighting solutions to Zimbabwe’s Steward Bank (formerly TN Bank). Steward Bank will integrate NetGuardians’ platform with its core banking system, meaning …

Europol has announced the arrest of 95 professional fraudsters and members of internet-based criminal networks suspected of online fraud activities as part of its 2018 e-Commerce Action. The suspects arrested …