PayPal’s TIO network data breach hits 1.6m customers
PayPal has revealed that a potential compromise of personally identifiable information for approximately 1.6 million customers has been found on its TIO Networks.
PayPal has revealed that a potential compromise of personally identifiable information for approximately 1.6 million customers has been found on its TIO Networks.
“We have created a more digital, agile and flexible TSB,” stated Paul Pester, CEO of TSB, at the unveiling of the bank’s new technology platform, Proteo4UK.
VMware continues to expand beyond its traditional role in the virtualisation market into areas such as cloud computing and software-defined data centre offerings, and the company’s bets on these areas are paying off, reports Enterprise Cloud News (Banking Technology’s sister publication). The firm released its third-quarter financial results, beating Wall Street expectations by $0.07 per […]
ING Wholesale Banking has set out its plans to increase investments in data analytics and put more resources into Asia and the Americas. It’s very early days as its ambitions and goals offer no real specifics. Stats and timelines are like good service in shops in the UK – i.e. almost nowhere to be seen. […]
BMO Financial Group is putting $2 million into Creative Destruction Lab Montreal (CDL-Montreal) to fund artificial intelligence (AI) and data science projects. CDL-Montreal will target seed-stage start-ups by providing business and technology mentoring, equity opportunities and business development partnerships. On 15 December, the first cohort of 28 businesses, made up entirely of AI start-ups, will […]
Several consumer groups have written to UK Minister for Digital Matt Hancock urging changes to data privacy and protection rules, removing grey areas which allow companies to navigate breaches unscathed, reports Telecoms.com (Banking Technology‘s sister publication). Many rules and regulations should be viewed as dated today. This is not necessarily anyone’s fault, but is more […]
Hewlett Packard Enterprise (HPE) saw revenue up 5% year-over-year to $7.8 billion, but it’s having trouble gaining traction with enterprise sales – and its CEO is leaving, reports Enterprise Cloud News (Banking Technology’s sister publication). For the fourth quarter ending 31 October, combined net revenue for HPE was $7.8 billion, including $174 million associated with […]
Earlier this year, Hewlett Packard Enterprise (HPE) went on an acquisition spree meant to help the company improve its standing in the data centre market with products to address a range of issues customers faced as they moved to the cloud, reports Enterprise Cloud News (Banking Technology’s sister publication). Now, one of those deals is […]
Port Moresby Stock Exchange (POMSoX) has gone live with Nasdaq’s Matching Engine that operates on the Nasdaq Financial Framework platform. The launch of the new trading platform is a result of an upgrade from previous Nasdaq trading technology. The new engine will handle the trading of equities in the Papua New Guinea (PNG) market. POMSoX […]
Google is eyeing an expansion in Europe, buying land in Denmark where it plans to build a new data centre that could be used to expand the company’s cloud computing footprint, as well as meet new European Union standards related to data privacy, reports Enterprise Cloud News (Banking Technology’s sister publication). Reuters reported that Google’s […]
Make another space on your buzzword bingo card, as Dell is talking about the cloud “core”, reports Enterprise Cloud News (Banking Technology’s sister publication). “We decided instead of the edge and the cloud we need one more point – the core,” Jason Shepherd, Dell director of IoT strategy and partnerships tells Enterprise Cloud News. The […]
Large companies getting sued is nothing particularly new, but a lawsuit over whether Facebook has violated the data privacy rights of European citizens might make quite a splash, reports Telecoms.com (Banking Technology‘s sister publication). As reported back in September, Facebook was slapped with a fine from the Spanish data protection watchdog for inappropriately collecting and […]
Microsoft’s embrace of open source software is about to get a lot bigger as the company is rolling out several new tools and services designed to help developers create applications designed for the cloud, as well as highly specialised apps for artificial intelligence (AI) and the internet of things (IoT), reports Enterprise Cloud News (Banking […]
Investec Bank has selected iMeta’s client lifecycle management (CLM) platform to help with the automation and streamlining of data management processes. The platform consists of know your customer (KYC) support; credit and legal help (such as with MiFID II); and standing settlement instruction (SSI) for data management processes to provide a centralised hub of reference […]
Open banking platform provider Token has partnered with Envestnet | Yodlee, a data analytics platform, for payments and financial data aggregation. The partnership will use Token’s operating system, TokenOS, which offers PSD2 compliant payments and gives access to banks for third-party service providers, via an API. In addition, the deal will use Envestnet | Yodlee’s […]
DBS Bank has teamed with American multinational firm Equinix to make one of its traditional data centres in Singapore “cloud-optimised”.
Talend, which specialises in big data and cloud integration, is acquiring the outstanding shares of Restlet SAS, a France-based company that specialises in API design and testing, reports Enterprise Cloud News (Banking Technology‘s sister publication). Although no financial details were released, all 16 members of the Restlet staff along with the company’s founder will join […]
Microsoft is looking to make cloud infrastructure safer at the hardware level with a new offering called “Project Cerberus,” which is the company’s latest contribution to the Open Compute Project (OCP), reports Enterprise Cloud News (Banking Technology‘s sister publication). Company engineers unveiled Cerberus at Zettastructure, the European digital infrastructure conference, which is taking place this […]
Google’s enterprise momentum is building, as Google and Salesforce have combined online and offline analytics, reports Enterprise Cloud News (Banking Technology‘s sister publication). Google also becomes a preferred Salesforce infrastructure partner – but not the preferred infrastructure partner, a Salesforce executive noted carefully. The analytics collaboration will allow enterprises to aggregate analytics for both online […]
Over the past few weeks, we’ve been sharing some extracts from a new crime thriller, Trading Down, by Stephen Norman, long serving CIO/CTO of RBS Global Markets. Here, in the third and final extract, we return to the action at the Hamilton Datacentre crisis.
Start-up YugaByte, which is run by ex-Facebook engineers, thinks it’s got a database that can compete with Oracle and a crowded market of other established proprietary and open source incumbents, reports Enterprise Cloud News (Banking Technology’s sister publication). YugaByte, which comes out of stealth with $8 million funding, says it stands out from the crowd […]
The IBM Watson Data Platform already provides data scientists with the ability to crunch numbers and share large data sets across different public and private clouds. Now the company has its sights set on artificial intelligence (AI), reports Enterprise Cloud News (Banking Technology‘s sister publication). Big Blue has announcing expanded capabilities and tools for the […]
Here’s a second extract from Trading Down, by Stephen Norman, which continues the drama in the Hamilton Datacentre.
Rocky Martinez, CTO and Haytham Kaddoura, CEO at SmartStream talk about the future of banking and how fintechs can help clients grow their business.
The question of the morality of artificial intelligence (AI) was one of the hot topics discussed at an event run by US-based Teradata. At day four (25 October) of the Teradata Partners Conference 2017 (22-26 October), in Anaheim, California, Banking Technology pulled up a chair and listened to the thoughts of the great and their livelihoods. To get […]
Data quality and critical thinking are imperative for the advance of artificial intelligence (AI), according to expert views from an event hosted by US-based Teradata. At day three (24 October) of the Teradata Partners Conference 2017 (22-26 October), in Anaheim, California, Banking Technology was there to gauge the zeitgeist in our data-drenched world. As a […]
Mosaic Smart Data’s real-time data analytics platform, MSX, has been deployed by JP Morgan to optimise the productivity and profitability of its global fixed income sales and trading division.
US-based Teradata has unveiled Agile Analytics Factory – a programme providing data science and analytics expertise as a service. The launch coincides with its Teradata Partners Conference 2017 (22-26 October), attended by Banking Technology and held in Anaheim, California. At the same time, Teradata has released a new data analytics platform and revealed Danske Bank’s […]
US-based Teradata has got Amazon Web Services (AWS) and Azure in its sights with the launch of Teradata Analytics Platform, offering a choice of analytic engines to get round the issue of siloes. Oliver Ratzesberger, EVP and chief product officer at Teradata, says: “Many different users have many different analytic needs and this dynamic causes […]
A sneak preview of a debut novel by Stephen Norman, long serving CIO/CTO of RBS Global Markets and previously Merrill Lynch. A fast-paced crime thriller – published on 9 November 2017.
Analytics platform MapD has partnered with IBM Power Systems to enhance its analytical performance. California-based MapD has optimised its MapD Core database and MapD Immersive visual analytics client to take advantage of IBM Power Systems to target the speed at which SQL queries can be performed.
SmartStream Technologies, the financial transaction lifecycle management (TLM) solutions provider, has revealed that its original agreement with Credit Suisse was recently expanded to include the processing of listed derivatives brokerage fees which began in February of this year.
The derivatives execution and clearing (DEC) business of BNP Paribas has implemented SmartStream Technologies transaction lifecycle management (TLM) Fees and Expense Management (FEMS) solution.
Welcome to Sibos 2017 in Toronto – bringing together 8,000+ delegates from 150 countries. And this year we have a new (or the vintage new?) theme: data. Not the “big data” though (that everyone was talking about a few Sibos conferences ago), but just data.
SmartStream Technologies, the financial transaction lifecycle management (TLM) solutions provider, has unveiled its latest reconciliations solution.
IBM is looking to offer big data number crunchers and data scientists a way to add more machine learning and deep learning technology into the analytics process by combining two of the company’s platforms developed specifically for artificial intelligence (AI) and scientific research. Enterprise Cloud News (Banking Technology’s sister publication) reports that two IBM executives, […]
Luxembourg-headquartered start-up Peer Mountain has unveiled a peer-to-peer self-sovereign identity, compliance and commerce delivery solution as it seeks to exploit the Equifax data breach episode. The firm says it gives users control of their data across blockchain. Consumers can choose who can access the data without the need for third party involvement. Peer Mountain says […]
Identification technology company Tascet is partnering with Secured2 to launch a new data security offering. The product, Algo5, aims to protect data against both internal and external breaches, hacks, and disasters, reports Julie Muhn at Finovate (Banking Technology‘s sister company). The new data storage solution combines Tascet’s SuperToken, which verifies a user’s identity, with Secured2’s Beyond Encryption, […]
The Bank of England’s (BoE) fintech accelerator has unleashed four new initiatives in the fields of distributed ledger technology (DLT), data storage and analysis, machine learning and cybersecurity. As reported in July, BoE revealed the third stage – such as its work with machine learning Mindbridge AI, DLT darling Ripple, and regtech bouncer Enforcd. Now […]
Integration, analytics, and event-processing software company Tibco has agreed to acquire Cisco Data Virtualization (formerly Composite Software), reports Julie Muhn at Finovate (Banking Technology‘s sister company). The solution powers enterprise-scale data virtualisation and offers associated consulting and support services. Tibco will leverage the new solution to “enhance its portfolio of analytics products and will help clients onboard analytics […]