Bank

4 Types Of Business Loans You Need To Know Of

When it comes to business loans, the first thing that a lot of less experienced entrepreneurs think about are bank loans. The fact is that banks have a very specific set of requirements, which generally includes a history of business operations, which small businesses that have just started to establish themselves in the field do not have. However, what these entrepreneurs don’t know is the fact that there are various other options to get loans for their business, each of them with their own conditions, terms, and rates, which are mostly significantly easier to get than when it comes to banks.

UK Financial Institutions Unaware of Third-Party Risks Posed by Open Banking

London, UK – June 5, 2018 – Bomgar, a leader in identity and access management solutions for privileged users, has launched its 2018 Privileged Access Threat Report. The global survey explores the visibility, control, and management that IT organizations in the U.S. and Europe have over employees, contractors, and third-party vendors with privileged access to their IT networks. According to the report, formerly called the Secure Access Threat Report, 72% of UK financial service firms felt unsure whether they had possibly or definitely suffered a breach due to third-party access, and 69% also said they had possibly or definitely suffered an insider related breach in the last year.

Research: Retail banks lose over half of European applicants during on-boarding

Trondheim, Norway, 23rd May 2018 - New research released today reveals that retail banks now lose 52% of potential customers at the on-boarding stage, an increase of 35% in the last two years.

The Battle to On-Board II report was commissioned by Signicat, the world’s leading trusted digital identity provider. The report looks at digital identity and its effect on retail bank on-boarding in the UK, Germany, the Netherlands, and Sweden, and follows up on similar research carried out two years ago.

What Are the Warning Signs of an Insolvent Company?

If you are a business owner or a CEO of a business, you may get carried away with your day-to-day tasks and fail to see the big picture. If most of your daily work is focused on patching things up, this means that you are coping, rather than existing as a sustainable business. Coping for too long could get you in a place where you never wanted to be. Constantly monitor for the signs of insolvency and reconsider your strategy in order to save your business.

RiskIQ Announces New Digital Footprint Risk Reporting to Improve Digital Defense

LONDON - Feb. 20, 2018 - RiskIQ, the leader in digital threat management, today announced updates and enhancements to its Digital Footprint product to improve digital defences and help organizations understand their exposure to digital risk from outside the safety of their firewall.

New capabilities within Digital Footprint provide a holistic Risk Report to an organization, as it relates to their external risk exposure on the internet. Utilising RiskIQ’s industry-leading internet reconnaissance, security defence teams can dig deep into the factors that contribute to their risk to establish a plan to remediate the most critical security exposures.

Finastra sees accelerating FusionFabric.cloud adoption

Toronto, Canada, 23 January 2018 - At its regional flagship thought leadership event, Finastra Universe Paris, Finastra today welcomed new companies to the FusionFabric.cloud open architecture. Among the early adopter Fintechs, consultants, banks and academics using the platform to develop and deploy innovative apps are Efficiency MC, Conpend and BankBI. In addition, Thomson Reuters joins Finastra’s innovation ecosystem as a data provider.

Real-Time Payments Key Driver for $3.3 Billion Rise in Technology Spend by North American Commercial Banks

San Francisco, 05 December 2017 - New research from Ovum, the market-leading research and consulting firm, reveals that North American commercial banks are continuing to increase their investment in real-time payments (RTP). The report “The rise of real-time payments in North America”, commissioned by Icon Solutions is based on responses from more than 7,000 CIOs and other senior IT decision makers. The study shows that while implementing RTP infrastructures later than global peers, U.S. and Canadian institutions are looking beyond the basic implementation of new payment rails.