New technology solves GDPR for Banking and Financial Services

We speak to Pay­ments Cards & Mobile about how the major­ity of organ­isa­tions think they’re GPDR com­pli­ant and actu­ally aren’t. The fines that could be imposed for non-compliance could be up 4 per­cent of global annual turnover or 20 mil­lion euros – whatever is the greater. Data pri­vacy is driv­ing the European Union’s Gen­eral Data Read More …

We speak to ITProPortal about the new tech that solves GDPR for banks

Loom­ing on the hori­zon for fail­ing to com­ply is a dark cloud of sig­ni­fic­ant fin­an­cial pen­al­ties, we speak to ITPro­Portal about plan­ning for GDPR. Data pri­vacy is driv­ing the European Union’s Gen­eral Data Pro­tec­tion Reg­u­la­tions (GDPR) in the UK, and yet it’s widely felt that banks and other fin­an­cial ser­vices insti­tu­tions have run out of Read More …

American Banker speaks to our CEO about the US Fed’s faster payments plan

CEO Lars Dav­ies speaks to Amer­ican Banker Magazine about the Faster Pay­ments Task Force ini­ti­at­ive in the United States. Now that a Fed­eral Reserve-convened panel has fin­ished its work on mod­ern­iz­ing the U.S. pay­ment sys­tem, the Fed itself has some import­ant choices to make. The cent­ral bank has long per­formed key jobs in the nation’s Read More …

Fedcoin’ Strikes Again: Fintech Companies Propose Use of Crypto to US Fed

In a report by the Faster Pay­ment Task Force, fintech com­pan­ies have out­lined how Block­chain tech­no­logy can be used to make pay­ments faster for the US Fed­eral Reserve. In this art­icle, The Coin­Tele­graph looks at the com­pan­ies that sub­mit­ted their pro­pos­als includ­ing Kalypton Group, Ripple, Eccho, Xal­gorithm, Hub Cul­ture, Nan­o­pay Cor­por­a­tion and Thought Mat­rix Con­sult­ing. Read More …