Cloud computing costs skyrocketing as businesses support a remote workforce

Anodot announced the results of a survey that reveals how organizations struggle to control skyrocketing cloud computing costs of the remote workforce, even as business moves to a hybrid model. In Q2 of 2021, more than 100 senior IT, finance, and opera… Continue reading Cloud computing costs skyrocketing as businesses support a remote workforce

Biometrics for banking and financial services market to reach $8.9 billion by 2026

The turn of next decade is expected to be more challenging for banks and financial institutions as security breaches become more sophisticated with technology advancements. Money laundering has become more widespread representing about 2%-5% of global … Continue reading Biometrics for banking and financial services market to reach $8.9 billion by 2026

The fintech endgame: New supercompanies combine the best of software and financials

A new and attractive hybrid category of company is emerging at the intersection of software and financial services, creating buzz in the investment and entrepreneurial communities. Continue reading The fintech endgame: New supercompanies combine the best of software and financials

Payments giant Stripe launches Stripe Tax to integrate sales tax calculations for 30+ countries

On the heels of acquiring sales tax specialist TaxJar in April, today Stripe is making another big move in the area of tax. The $95 billion payments behemoth is launching a new product called Stripe Tax, which will provide automatic, updated sales tax calculations (covering sales tax, VAT, and GST) and related accounting services to […] Continue reading Payments giant Stripe launches Stripe Tax to integrate sales tax calculations for 30+ countries

European cloud computing market to surpass $140 billion by 2028

Global Market Insights added a report on the European cloud computing market which estimates the market valuation will cross $140 billion by 2028 due to the government support for promoting cloud adoption throughout Europe. Growing usage of cloud compu… Continue reading European cloud computing market to surpass $140 billion by 2028

Most mobile finance apps vulnerable to data breaches

77% of financial apps have at least one serious vulnerability that could lead to a data breach, an Intertrust report reveals. This report comes at a time where finance mobile app usage has rapidly accelerated, with the number of user sessions in financ… Continue reading Most mobile finance apps vulnerable to data breaches

How Expensify hacked its way to a robust, scalable tech stack

Take a close look at any ambitious startup and you’ll find pugnacity nestled in its core. Stubbornness and a bullheaded belief in the worth of what a company wants to bring to fruition is often the biggest driver of its success. Continue reading How Expensify hacked its way to a robust, scalable tech stack

Operation HAECHI-I intercepts $83M in online financial crimes

Amid an exponential increase in online fraud, an INTERPOL-coordinated operation codenamed HAECHI-I mobilized more than 40 specialized law enforcement officers across the Asia Pacific region. Over six months of coordinated intelligence collection and jo… Continue reading Operation HAECHI-I intercepts $83M in online financial crimes

Application security not a priority for financial services institutions

Contrast Security announced the findings of a report based on a comprehensive survey of development, operations, and security professionals and executives at enterprise-level financial services institutions. The report explores the state of application… Continue reading Application security not a priority for financial services institutions

Identity crime victims struggling with financial, emotional and physical impacts

Nearly 30 percent of people who contact the ITRC are victims of more than one identity crime. Their latest study covers the 36 months from 2018-2020 and goes beyond the known financial implications of identity crimes and explores the emotional, physica… Continue reading Identity crime victims struggling with financial, emotional and physical impacts