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Newfound launches virtual fintech trade mission to stimulate economic growth in UK and Australia

London, UK & Melbourne, Australia, 2nd July 2020: Global expansion specialists Newfound today announced the first ever virtual fintech trade mission between the UK and the APAC region since the coronavirus shutdown. It aims to open export markets, create new jobs, and scale up opportunities for the fintech sector and the broader digital economy across both regions.

The virtual trade mission has won wide support across both public and private sector with launch partners including British Australia Society, CCgroup, CO:CUBED, Edelman, FinTech Australia, FinTechNZ, Global Victoria, Level 39, London & Partners, New South Wales Government, Stone and Chalk and Tech Nation.

Newfound launches the Market Missions programme with a free event on July 15th opened by the Lord Mayor of London William Russell and sessions featuring leading figures in fintech who will talk about the challenges and opportunities for fintechs scaling to the UK in the COVID era. This will be followed by a two-week digital trade mission to Australia on September 7th and then a UK equivalent commencing on September 14th. The programme featuring 100+ in-market experts will attract high growth fintech firms from the UK, EMEA and APAC looking to expand to these markets.

The UK’s fintech sector currently generates £4.8 billion in investment [1] and employs over 76,000 people [2]. The sector is critical to the economic recovery of all nations involved in this world first event, as they look to recuperate from the devastating economic impact of the coronavirus.

“It is time to help kickstart the world’s economies and Newfound’s Market Missions is a significant step in that direction, as we bring these innovative fintech businesses together, who are ready to grow and expand their operations into new markets,” said Newfound CEO, Peter Gillingwater. “The programme comes on the heels of positive negotiations that are now underway to create a Free Trade Agreement between the UK, Australia and New Zealand. We believe that trade missions are key to global economic recovery and must continue, even with closed physical borders.”

“This virtual fintech trade mission is a wonderful opportunity for thriving fintech companies in both the UK and APAC regions to connect and explore expansion opportunities,” said Janet Coyle, Managing Director for Business at London & Partners. “London is a natural home for fintech due to its position as a global financial centre alongside its deep technology talent pool and supportive regulation. Now more than ever, we want to help London companies to compete globally and virtual trade missions are a great way to help scaling companies reach their international growth ambitions.”

Mike Jackson, Entrepreneur Success Director at Tech Nation commented “UK fintech companies raised record amounts last year, making it the UK’s largest tech investment sector, and home to some of the most established fintech unicorns in Europe. Today, Tech Nation is delighted to showcase the high growth fintech clusters all across the UK, and including those clusters outside of London, as alternatives for ambitious fintechs looking to establish a presence in the UK.”

To register your interest in Newfound’s Market Missions programme and attend the event on July 15th please click here: http://6009734.hs-sites.com/uk-market-mission-overview

[1] 2019, Dealroom
[2] 2019, UK FinTech State of the Nation Report, DIT.

– Ends –

About Newfound
Newfound is the only tech-focused specialist in the UK and Australia providing expert market validation, market entry and expansion as well as talent services. They work with tech scaleups and trade and investment organisations from all over the world, supporting businesses in the UK, North America, Europe and Asia-Pacific to grow through expanding their presence to new markets.

For more information please visit: http://www.newfound.global/

Media Contact
CCgroup for Newfound
Email: Wilfred.collins@ccgrouppr.com or Medha.pal@ccgrouppr.com
Telephone: +44 7747 636 687

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Capital Banking Solutions a Solid and Regional Player in Forrester’s Global Banking Platform Deals Survey 2020

Press Release


June 26, 2020Paris – Capital Banking Solutions, the global provider of integrated banking software in Europe, Africa, Middle East and America has been named as a Regional Player for new deals and a Solid Player, with 25 combined deals, in Forrester’s Banking Platform Deals 2020.

This recognition for the 3rd year proves the constant ability of Capital Banking Solutions to enhance its market position and create value for its existing customers.

COVID-19 will add to the urgency of digital transformation states the report.

Capital Banking Solutions prepared for many years for this transformation by developing a state-of-the-art digital banking solution: CapitalDigital.

This flexible design of Capital Banking Solutions’ digital offering through an open source API platform, is a cutting-edge unique approach to banks adopting the new digital era.

Forrester’s Global Banking Platform Deals Survey 2020 is an independent survey conducted annually by Forrester. It assesses both the volume and the geographical spread of banking platform sales to new and existing customers for 2019 deals. The research is published to guide decision-makers at financial institutions around the world.

About Capital Banking Solutions
Capital Banking Solutions is a leading provider of an end-to-end global banking platform that enables banks to drive change for their business and transform the way they serve their customers. The objective is to allow customers to continuously improve their performance and compete with other players on the market.

The company has over 25 years of banking expertise in bringing innovative, comprehensive solutions which cater to the changing needs of modern financial institutions.

www.capital-banking.com
Facebook http://www.facebook.com/capital-banking
Linkedin https://www.linkedin.com/company/417289/

For further information, please contact:
Capital Banking Solutions
Jenny Bedran, Marketing Specialist
+96181812996
Jenny.bedran@capital-banking.com

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Kerseys Chooses Zylpha for Document Bundling

Press Release


Kerseys Solicitors, based in Ipswich and Colchester, has chosen electronic document bundling software from leading legal software innovator Zylpha (www.zylpha.com).

By utilising technology to improve productivity, the move has proved extremely timely with remote working, coupled with the need to produce bundles in a more efficient and effective manner. By using Zylpha Document Bundling, Kerseys can produce and amend electronic document bundles in a fraction of the time it would take to produce them manually.

Trudy Hooper

Trudy Hooper

Trudy Hooper IT & Business Operations Manager at Kerseys Solicitors LLP said, “There are many products in the marketplace. We considered the financial cost of service versus use of stationery and time spent for staff photocopying and scanning, along with delivery service levels from the supplier and ease of use for our family team. I was also looking for a product that was easy to use for members of staff.

“Having worked with Tim Long and his team at Zylpha previously, I knew I was going to receive great service. Zylpha was installed in just 5 minutes and I tested and used the product myself, setting up templates for future use to reduce even more time for the end user preparation of manual front page templates. I decided to use quick assist via Windows 10 to provide a 10-minute guide to the software to members of staff within our family team, which enabled them to feel comfortable with a change of process and use of the software.

“In my opinion, Zylpha is a great example of how technology can enhance your business without causing you headaches.”

Ends

About Zylpha www.zylpha.com
Headquartered in Southampton, Zylpha is an innovative specialist offering tools for the legal profession including:

  • Secure electronic document production and delivery.
  • Court Bundling.
  • Integration with the MOJ Portal and Land Registry Business Gateway.
  • Links to agencies for AML and Identity Verification.

The company, which was founded by Tim Long its CEO, has won widespread acclaim in both the legal and local government sectors for its systems, which transform secure communications for court and case management bundles.

For more information, please contact:
Tim Long
Zylpha Ltd.
T: 01962 658881
t.long@zylpha.com
www.zylpha.com

Or

Leigh Richards
The Right Image
T: 0844 / 561 7586
M:07758372527
leigh.richards@therightimage.co.uk
www.therightimage.co.uk

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WatchGuard Report Finds Two-Thirds of Malware is Encrypted

Latest Internet Security Report highlights danger of encrypted malware without HTTPS inspection, looks at security impact of the COVID-19 and finds UK was a top target for malware

Research also shows surge in Monero cryptominers and Flawed-Ammyy and Cryxos malware

Corey Nachreiner, WatchGuard CTO

Corey Nachreiner, WatchGuard CTO

24 June 2020WatchGuard® Technologies’ latest Internet Security Report shows that 67% of all malware in Q1 2020 was delivered via encrypted HTTPS connections and that 72% of encrypted malware was classified as zero day, so would have evaded signature-based antivirus protection. These findings show that without HTTPS inspection of encrypted traffic and advanced behaviour-based threat detection and response, organisations are missing up to two-thirds of incoming threats. The report also highlights that the UK was a top target for cyber criminals in Q1, earning a spot in the top three countries for the five most widespread network attacks.

“Some organisations are reluctant to set up HTTPS inspection due to the extra work involved, but our threat data clearly shows that a majority of malware is delivered through encrypted connections and that letting traffic go uninspected is simply no longer an option,” said Corey Nachreiner, chief technology officer at WatchGuard. “As malware continues to become more advanced and evasive, the only reliable approach to defence is implementing a set of layered security services, including advanced threat detection methods and HTTPS inspection.”

Other key findings from WatchGuard’s latest Internet Security Report include:

  • Monero cryptominers surge in popularity. Five of the top ten domains distributing malware in Q1 (identified by WatchGuard’s DNS filtering service DNSWatch) either hosted or controlled Monero cryptominers. This sudden jump in cryptominer popularity could simply be due to its utility; adding a cryptomining module to malware is an easy way for online criminals to generate passive income.
  • Flawed-Ammyy and Cryxos malware variants join top lists. The Cryxos trojan was third on WatchGuard’s top-five encrypted malware list and also third on its top-five most widespread malware detections list, primarily targeting Hong Kong. It is delivered as an email attachment disguised as an invoice and will ask the user to enter their email and password, which it then stores. Flawed-Ammyy is a support scam where the attacker uses the Ammyy Admin support software to gain remote access to the victim’s computer.
  • Three-year-old Adobe vulnerability appears in top network attacks. An Adobe Acrobat Reader exploit that was patched in August 2017 appeared in WatchGuard’s top network attacks list for the first time in Q1. This vulnerability resurfacing several years after being discovered and resolved illustrates the importance of regularly patching and updating systems.
  • Mapp Engage, AT&T and Bet365 targeted with spear phishing campaigns. Three new domains hosting phishing campaigns appeared on WatchGuard’s top-ten list in Q1 2020. They impersonated digital marketing and analytics product Mapp Engage, online betting platform Bet365 (this campaign was in Chinese) and an AT&T login page (this campaign is no longer active at the time of the report’s publication).
  • COVID-19 Impact. Q1 2020 was only the start of the massive changes to the cyber threat landscape brought on by the COVID-19 pandemic. Even in these first three months of 2020, we still saw a massive rise in remote workers and attacks targeting individuals.
  • Malware hits and network attacks decline. Overall, there were 6.9% fewer malware hits and 11.6% fewer network attacks in Q1, despite a 9% increase in the number of Fireboxes contributing data. This could be attributed to fewer potential targets operating within the traditional network perimeter with worldwide work-from-home policies in full force during the COVID-19 pandemic.

The findings in WatchGuard’s Internet Security Reports are drawn from anonymised Firebox Feed data from active WatchGuard appliances whose owners have opted in to share data to support the Threat Lab’s research efforts. Today, over 44,000 appliances worldwide contribute threat intelligence data to the report. In Q1 2020, they blocked over 32,148,519 malware variants in total (730 samples per device) and more than 1,660,000 network attacks (38 attacks per device).

Third-party testing has found that WatchGuard products consistently maintain high throughput when inspecting HTTPS traffic. Many competitive products show a significant degradation in performance in this scenario. For example, an independent test performed by Miercom found that the Firebox M370 outperformed competitive products while inspecting HTTPS traffic with full security services enabled.

The complete report includes key defensive best practices that organisations of all sizes can use to protect themselves in today’s threat landscape and a detailed analysis of how the COVID-19 pandemic and associated shift to working from home affected the cyber security landscape.

To view the full report go to: Internet Security Report for Q1 2020

About WatchGuard Technologies
WatchGuard® Technologies, Inc. is a global leader in network security, secure Wi-Fi, multi-factor authentication, network intelligence and advanced endpoint protection. The company’s award-winning products and services are trusted around the world by nearly 10,000 security resellers and service providers to protect more than 80,000 customers. WatchGuard’s mission is to make enterprise-grade security accessible to companies of all types and sizes through simplicity, making WatchGuard an ideal solution for midmarket businesses and distributed enterprises. The company is headquartered in Seattle, Washington, with offices throughout North America, Europe, Asia Pacific, and Latin America. To learn more, visit WatchGuard.com.

For additional information, promotions and updates, follow WatchGuard on Twitter @WatchGuard on Facebook or on the LinkedIn Company page. Also, visit our InfoSec blog, Secplicity, for real-time information about the latest threats and how to cope with them at www.secplicity.org. Subscribe to The 443 – Security Simplified podcast at Secplicity.org, or wherever you find your favourite podcasts.

WatchGuard is a registered trademark of WatchGuard Technologies, Inc. All other marks are property of their respective owners.

Media Contacts:
Chris Warfield, WatchGuard Technologies
206.876.8380, chris.warfield@watchguard.com

Peter Rennison / Laura Berrill, PRPR
01442 245030, pr@prpr.co.uk / laura@prpr.co.uk

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