VTB Bank registers new big data company with Rostelecom

VTB Bank, Russia’s second-largest bank, has teamed up with one of the country’s major telecommunication firms Rostelecom to register a joint venture which will develop products based on big data. The global revenue for big data and business analytics solutions is expected to reach $260 billion by 2022 The new company, called ‘Big Data Platform’, … Read more

ThetaRay, Provider of Big Data and AI-enhanced Analytics Tools, Joins Microsoft’s Partner Program to Offer AML Solution

ThetaRay, a provider of Big Data and artificial intelligence (AI)-enhanced analytics tools, has joined Microsoft’s (NASDAQ:MSFT) partner program, One Commercial Partner, which provides various cloud-powered solutions. ThetaRay’s anti-money laundering (AML) solution for correspondent banking can be accessed through Microsoft’s Azure Marketplace. A large US bank… Read More The post ThetaRay, Provider of Big Data and … Read more

The services trinity: Three is the magic number

SPONSORED INSIGHTS For years, the services industry has been preoccupied with predictive capabilities. In many areas it’s a present-day reality: the internet of things (IoT), the cloud and artificial intelligence (AI) are finally beginning to work together in meaningful ways, correlating data and turning it into actionable insights. While predictive maintenance capabilities has often been … Read more

Tipalti Launches AI For Accounts Payable “Tipalti Pi”

Global payables platform Tipalti announced on Tuesday the launch of its artificial intelligence (AI) for accounts payable, Tipalti Pi. Acceding to Tipalti, the Tipalti Pi is a continuously-adaptive, integrated payables intelligence engine throughout the Tipalti platform that employs AI and machine learning to make the… Read More The post Tipalti Launches AI For Accounts Payable … Read more

‘Security Botox’ or ‘amazingly successful’? Inside the battle to patch bug bounties’ biggest vulnerability

In February, three MIT cybersecurity researchers reported that they had found major security flaws in the online voting application Voatz. Offering what’s known as a “bug bounty”—a payment for anyone who discovers and reports a security hole in software—Voatz sought to encourage independent “white hat” hackers to shore up the security of its service. But … Read more

China’s coronavirus propaganda has shifted dramatically, report finds

As news of a coronavirus outbreak in Wuhan, the capital of China’s Hubei province, began to appear in Western news outlets in January, the country’s state-run media initially struck a tone of reassurance and transparency with hashtags like #wuhancoronavirus and #wuhanpneumonia. By February, such messaging had disappeared. According to a new report by cybersecurity firm … Read more

Unicorn hopeful Lanistar lands $2.5m

Lanistar, the UK-founded fintech vying to become a £1 billion “banking alternative”, has landed $2.5 million (£2 million) in seed funding. The unicorn hopeful says it raised the capital through private financing and family contributions. CEO Gurhan Kiziloz The funds will go towards the development of its main product, which the fintech calls a “game-changing” … Read more

Dutch Govt to Embrace Blockchain in Fight Against Pandemic

A DLT firm will freely offer its blockchain platform to the Dutch government to track the nation’s medical supply chain. A consortium of Dutch companies has launched the “Tech against Corona” initiative. Participating firms will freely provide the Dutch government with access to innovative technologies that can be used in the fight against COVID-19. Netherlands-based … Read more