Many crimes are typically committed for financial gain. The same applies to cybercrime which is being conducted more frequently for financial gain. Financial fraud incidences have increased in tandem with the enormous expansion in the usage of Mobile banking, Internet banking, Mobile Wallets, e-commerce, and online share trading. Israel is renowned for being a leader in Fintech innovation and cyber security. Also regarded as a “Start-up Nation” over the past three decades, she has been at the forefront of developing solutions that have improved the security of countries and even organizations. See six of the top companies from Israel: https://israeltrade.org.au/2022/07/27/israeli-trusted-solutions-in-financial-fraud-detection/
The Fintech sector is battening down the hatches as rising interest rates & inflation have put the brakes on investment in the space.However, in amongst the gloom there are some positive stories emerging.Parpera - the banking app for sole traders and small businesses - recently re-launched with a raft of new solutions, having previously been forced into pausing operations as their core banking providing ceased trading.At the recent Fintech Australia 'Intersekt' conference, Parpera founder Daniel Cannizarro sat down with Ben 'Fintech' Ford to discuss both his own & Parpera's roller-coaster journey to date.https://www.youtube.com/watch?v=y65SSTdt_Zc&list=PL4ITSyTPE_IvPIXDNcQ4Fnwvu-xpIhRXM&index=37
IdeaSpies
Narelle Hooper
Madeline Cunningham
David Hauser @ Silicon Beach