DB Schenker moving to Frankfurt

first_imgGERMANY: Deutsche Bahn is to concentrate the management of its freight and logistics division DB Schenker at a new site near Frankfurt Airport over the next one to two years, it announced on July 14.Teams currently based in Berlin, Mainz and Essen will move to the Frankfurt site, which will have around 330 staff. Mainz and Essen will remain as the respective headquarters of DB Schenker Rail Deutschland and Schenker AG, and DB Chairman Dr Rüdiger Grube stressed that DB’s corporate headquarters will remain in Berlin. ‘As a key international business capital, Frankfurt is an attractive logistics centre,’ said DB Mobility Logistics board member Dr Karl-Friedrich Rausch. ‘Our intention is to expand our international business operations from Frankfurt. The future of logistics is in cost-effective carriers providing cross-sector services for our customers. With management concentrated at one location, we have the optimum conditions to expand.’last_img read more

Sustainability Concerns of IBC Stakeholders

first_img(Image Courtesy: Vizag Chemicals) A latest market intelligence report delivers vital insights into theIBCs market, which considers the global industry analysis 2014-2018 andopportunity assessment 2019-2029. The report states global IBCs market wasvalued at ~US$ 19 Bn in 2018, and is projected to expand at a CAGR of ~6%during the forecast period. (Source: Future Market Insights) North America region is witnessing a sharp rise in the demand forchemical, paints, inks & dyes, and food applications. Also, increasingtrade volume in North America is expected to create substantial growthopportunity for the global IBCs market. In North America, the United States isexpected to remain highly attractive regarding the IBCs market share during theforecast period. Increasing industrial output stabilized manufacturing sectorand growing demand for efficient industrial packaging solutions are among thefactors driving the growth of IBCs market in the United States. Among the material type, plastic is expected to be the most consumedmaterial in the manufacturing of the IBCs, owing to its low cost andlight-weight nature. However, the metal & paperboard segments are foreseento register a notable growth rate in the coming years. On the other side,although FIBCs are significant in terms of volume, RIBC is anticipated to behighly attractive in terms of value share and growth rate in the coming years. IBCs Market: Vendor Insights Europe is Expected to Remain at Forefront inTerms of Market Shares By content type, solid and semi-solid segments are expected to be highlyattractive in terms of market share during the forecast period, owing togradually increasing demand for food & agriculture, building andconstruction, and healthcare & pharmaceutical products. The study analyses the IBCs market in numerous regions and focuses oncrucial dynamics impacting the global market. It has been observed that theEurope region is expected to remain at the forefront regarding the global IBCsmarket share throughout the forecast period. In Europe, the IBCs market isexpected to be boosted by the chemical, food & agriculture, and otherend-use industries. Germany is a heavy-weight when it comes to chemicalproduction, and is expanding at a steady growth rate. It exports most of thechemicals across the globe, which is expected to offer enormous growthopportunities for the IBCs market. Author: Baibhav Mishra Among the capacity segments, by RIBC capacity type, 1,001-1,500 litressegment is expected to remain highly attractive regarding the market share. ByFIBC capacity type, 1,001 to 1,500 kg segment is a highly preferred size byvarious end-use industries, and is projected to grow during the forecastperiod. By end use, the chemical segment is expected to remain at the forefrontregarding the global IBCs market share during the forecast period. North America Likely to Register SignificantDemand for IBCs in Coming Years The report suggests that the rise of IBCs as an efficient andcost-effective packaging solution for the shipment of various goods is expectedto drive the growth of the global IBCs market in the coming years. East Asia region has a significant global IBCs market share, and isexpected to attain notable CAGR during the forecast period. In East Asia, Chinais foreseen to remain prominent regarding the market share by accounting ~3/4thof market share throughout the forecast period. China is home for various smallto medium scale end-use industries, growing industrial output with a strongfocus on exports are among the factors likely to create a significant growthopportunity for the IBCs market in the coming years. In East Asia, South Koreais expected to continue with a high growth rate of the East Asia IBCs Market. East Asia & South Asia Foreseen to RemainLucrative for Growth of the IBCs Market Sea News Feature, September 4 Sustainability Concerns Compelling IBC MarketPlayers to Prefer Metal and Paperboard Materials In this report study has presented the strategies of the key playerstracked by an analysis of the current developments related to the IBCs productsegments by these manufacturers. To provide a comparative analysis of theprofiled manufacturers of the IBCs products, a competitive landscape isprovided in the report. The key players, which have been profiled in the reporton the IBCs market includes Greif, Inc., Time Technoplast Ltd., SCHÜTZ GmbH& Co. KGaA, Mauser Packaging Solutions, DS Smith Plc., Mondi Group, BerryGlobal, Inc., Hoover Ferguson Group, International Paper Company, Snyder Industries,Inc., Thielmann US LLC, Schafer Werke Gmbh, Bulk Lift International, Inc.,Environmental Packaging Technologies, Inc., HCS Group, Transtainer, ObalCentrum s.r.o., Pensteel Ltd,  SYSPALLtd., and SIA Flexitanks Limited, among others. The South Asia region is expected to be a lucrative region for thegrowth of the global IBCs market in the coming years. The presence of emergingeconomies, high growth of end-use industries, and increasing demand forindustrial packaging solutions are likely to create significant demand for IBCsin South Asia region during the forecast period. In South Asia, India isexpected to remain prominent regarding the IBCs market share in the nextdecade. This is attributed to high growth of the end-use industries coupledwith an escalation in trade volume, and are expected to create a significantdemand for IBCs in the coming years. The growing export and import volume amongthe ASEAN countries are expected to fuel the growth of the South Asia market inthe coming years.  Overall, the globaloutlook for the IBCs market is likely to remain optimistic throughout theforecast period.last_img read more

Esports Insider Hall of Fame 2019 – One week to go – #ESIHOF

first_imgRegistration We’re just one week away from the next event in our calendar; the Esports Insider Hall of Fame 2019, in partnership with WePlay! & GRID.Hosted from Nixon Peabody’s stunning offices in Los Angeles, what better place to hold an awards ceremony that will recognise and award individuals who have built, moulded and continue to shape the esports industry.Taking place on the evening of Monday 10th June (from 5pm till late), there’ll be rooftop networking, followed by the presentation of the 2019 inductees, a panel and Q&A with those famous faces, and of course, we’ll keep the food and drinks flowing until late. Once we depart Nixon Peabody, there’s an after-party booked next door at Noe Bar in downtown L.A. Quite simply if you can think of a better way to kick off your E3 week, we’d love to hear it. SEE ALSO: Announcing the Esports Journal edition 2“We’re both proud and excited to be bringing the second edition of the Esports Insider Hall of Fame to Los Angeles,” said Managing Director and Co-Founder of Esports Insider, Sam Cooke.“After the roaring success of ESI New York, being able to return to the U.S so soon is a great feeling. Even better when we know that this year’s event is set to be something special.” At our 2018 event hosted from London’s iconic Natural History Museum, we inducted our first three legendary members from the esports community. That night saw the inaugural members revealed as none other than Overwatch League host and MLG commentator, Chris Puckett, Complexity Gaming’s CEO and founder, Jason Lake and ESL’s Michal ‘Carmac’ Blicharz.This year will provide more of the same as we induct three more deserving industry greats to the esteemed ranks of the ESI Hall of Fame. To get you into the mood for all the glitz and glamour, we’ve released this promo video in partnership with GINX Esports TV.Tickets for the event are still available but as expected are selling fast. This is an ideal opportunity to mingle with key stakeholders from in and around the esports landscape and make some vital business connections in an intimate setting. Capacity is capped at 150 attendees. In short, the Esports Insider Hall of Fame 2019 will be an evening of drinks, fine food and even finer company all while overlooking the city of angels. We’ll see you there!Any questions or queries, please reach out to [email protected] ESI Hall of Fame 2019 Partnerslast_img read more

Martin O’Neill defends inclusion of Everton star James McCarthy in Ireland squad

first_imgRepublic of Ireland boss Martin O’Neill has defended his decision to include the injured James McCarthy in his latest squad and accused Everton manager Ronald Koeman of “bleating” over his treatment of the midfielder.McCarthy was on Wednesday morning named in a provisional 35-man squad for Ireland’s World Cup qualifier in Austria on November 12 despite having been sidelined for his club team.The 25-year-old is out for at least another week after he suffered a hamstring tear during training with Everton last month and O’Neill admits it is a race against time for him to be fit for the clash at the Ernst-Happel-Stadion in Vienna.McCarthy has played little more than an hour of football for the Toffees since last month’s international break when Koeman complained O’Neill had “massively overloaded” the player by playing him against Georgia and Moldova last month following a groin operation.“I totally refute that,” O’Neill told reporters at a press conference in Dublin on Wednesday. “James had declared himself fit. He played the first game and came off in the second not because he was injured but because he was tired.“And, remarkably, he trained the very day their manager was bleating about it“I have included James at this minute. Speaking to him, James is improving day-by-day. If the game for instance was this weekend, he wouldn’t make it. The following weekend? I would say he would be doubtful at this minute. He needs to get some proper training in.“He has been doing a little bit, but it’s one of those. I’ll leave him in for the provisional squad and we’ll see how things go. Obviously he wouldn’t make it this week and he would need to something a little bit before that.”Asked why Koeman felt McCarthy had been overloaded, O’Neill replied: “I have no idea. I think you’d have to ask him.”O’Neill handed surprise call-ups to Dundalk duo Daryl Horgan and Andy Boyle, who are preparing to play Zenit St Petersburg in the Europa League on Thursday.He said: “I’ve been impressed by the way Dundalk play. Quite a number have done well. Any players called up deserve to be.”Southampton striker Shane Long will miss the trip to Austria due to the injury he suffered against Inter Milan last week in the Europa League after O’Neill consulted the Saints physio, while there are doubts too over the fitness of John O’Shea and Stephen Ward.Ireland are currently second in Group D, level on seven points with leaders Serbia, as they bid to reach a first World Cup since 2002.Republic of Ireland squad for the World Cup qualifier against Austria on November 12:Darren Randolph (West Ham), Keiren Westwood (Sheffield Wednesday), Colin Doyle (Bradford), Ian Lawlor (Manchester City), Danny Rogers (Falkirk), Seamus Coleman (Everton), Cyrus Christie, Richard Keogh, Alex Pearce (Derby), John O’Shea (Sunderland), Ciaran Clark (Newcastle), Paul McShane (Reading), Shane Duffy (Brighton), Andy Boyle (Dundalk), Stephen Ward (Burnley), Aiden McGeady (Preston), James McClean (West Brom), Jeff Hendrick (Burnley), James McCarthy (Everton), Stephen Quinn (Reading), Glenn Whelan (Stoke), Harry Arter (Bournemouth), Eunan O’Kane (Leeds), David Meyler (Hull), Stephen Gleeson (Birmingham), Conor Hourihane (Barnsley), Robbie Brady, Wes Hoolahan (Norwich), Callum O’Dowda (Bristol City), Jonathan Hayes (Aberdeen), Daryl Horgan (Dundalk), Jonathan Walters (Stoke), Adam Rooney (Aberdeen), Kevin Doyle (Colorado Rapids), David McGoldrick (Ipswich) James McCarthy has been called up to the Ireland squad despite being out with injury for the last month 1last_img read more

Bolton’s staff and players to be paid before weekend, chairman confirms

first_img Every time Ally McCoist lost it on air in 2019, including funny XI reactions REVEALED RANKED REPLY MONEY Wanderers, second bottom in the table and eight points from safety, have faced several winding-up petitions from HMRC in the past 16 months and are due back in the High Court again on March 20.The club closed their training ground on Monday because of a lack of food and fuel and the players, most of whom had been given the day off, reported back for training on Tuesday.Anderson, who said he hoped to complete the sale of the club this week, said: “I can now understand why (former owner) Ed Davies decided to stop financially supporting the businesses back in 2015 after losing circa £200million.“I had to put a further £800,000 in to pay the salaries in January as I have done on many other occasions. Which teams do the best on Boxing Day in the Premier League era? Anderson is in the process of selling his shares in Bolton Top nine Premier League free transfers of the decade Ronaldo warned Lukaku how hard scoring goals in Serie A would be before Inter move huge blow Premier League Team of the Season so far, including Liverpool and Leicester stars “Obviously, I am concerned, disappointed and deeply regret that I had to take the decision to delay paying the staff salaries on time last month, which is the first time this has happened during my ownership and apologise unreservedly to all the staff and sincerely thank them for their continued support and patience, but it is difficult to accept putting a further £1million into a club that does not want you there and worse still it is not safe to even go to the club.”Bolton announced on Sunday that an agreement in principle had been reached for Anderson to sell his shares in the club and that due diligence was under way. Oxlade-Chamberlain suffers another setback as Klopp confirms serious injury We bring you eight more live football commentaries across the talkSPORT network throughout the remainder of the week Bolton host Millwall on Saturday afternoon Where Ancelotti ranks with every Premier League boss for trophies won Paris Saint-Germain vs Manchester United (Wednesday) – talkSPORTPorto vs Roma (Wednesday) – talkSPORT 2Rennes vs Arsenal (Thursday) – talkSPORT 2Sheffield United vs Rotherham (Saturday) – talkSPORT 2Crystal Palace vs Brighton (Saturda) – talkSPORTManchester City vs Watford (Saturday) – talkSPORTLiverpool vs Burnley (Sunday) – talkSPORTBirmingham vs Aston Villa (Sunday) – talkSPORT 2 ADVICE 2 Son ban confirmed as Tottenham fail with appeal to overturn red card Berahino hits back at b******t Johnson criticism – ‘I was in a dark place at Stoke’ “I have decided to continue to financially support the club until someone else comes in and have today told payroll to process the staff salaries and to pay any amounts due to the police and others to ensure that the Millwall fixture and future games go ahead,” Anderson said in a statement.Bolton were given just under 24 hours on Tuesday to assure Bolton Council that safety provisions would be in place during a meeting that was also attended by the emergency services and Greater Manchester Police, who are owed money by Bolton. Bolton’s staff and players will be paid their outstanding wages before this weekend’s Championship fixture against Millwall, chairman Ken Anderson claims.The game, which takes place at the University of Bolton Stadium on Saturday afternoon, is in doubt as the club failed to pay any staff their February salary; part-time matchday staff, including safety stewards and turnstile operators, are considering not working because of the issue.But Anderson has stepped in to ensure the match goes ahead. no dice BEST OF LIVE on talkSPORT shining 2 REVEALED LATEST FOOTBALL NEWS Forbes list reveals how much Mayweather, Ronaldo and Messi earned this decade In Wednesday’s statement, Anderson added: “I can confirm that discussions are ongoing with several parties and I am hopeful that completion will happen this week.“Obviously, the delay is very disappointing but to be honest l am not surprised as it seems a regular event with takeovers these days.“I am sure that you have all heard of similar situations for example at Newcastle where at least two potential takeovers with two different highly respected individuals involved have not been able to complete a deal so far.”last_img read more

Habana: 50 test tries for South Africa

first_imgEncouragingly, decisive contributions came from national team veterans and rookies alike. From an individual standpoint, the highlight of the win over the Samoans was produced by Bryan Habana, who, with two tries, became the first Springbok to score 50 test tries. South Africa claimed the honours in the Castle Incoming Series on Saturday night after an impressive 56-23 victory over Samoa in the final at Loftus Versfeld. Scotland finished third after scraping a 30-29 win over Italy. “It’s been an unbelievable ride,” he said after the game. “Hopefully I keep on improving, not only on the rugby field, but off it as well, and hopefully I continue contributing to the success of Springbok rugby.” With le Roux installed at number 15, one now recalls why former fullbacks Andre Joubert and Gysie Pienaar were such fan favourites; a running fullback, with an understanding of when to attack, adds a new dimension to a backline and it is something that the Springboks have missed in recent seasons. However, he was far from alone among the newcomers and they all made meaningful contributions along the way. JJ Engelbrecht, Trevor Nyakane, Siya Kolisi, Jan Serfontein, Piet van Zyl, Arno Botha and Jano Vermaak were given opportunities during the Series and all looked at home in the test arena. “I thought Francois and Willem brought a lot of physicality to the game and Francois was brilliant in the loose. I knew he was going to play a great game.” “It’s a great effort,” said Bok captain Jean de Villiers at the post-match press conference. “To score 50 in a career is great, to score 50 for your country is really special. Before the Series began, coach Heynecke Meyer was surely hoping to see game by game progression from his charges and against Samoa it was clear that the players had begun to gel as a unit. They produced a good, at times excellent, all- round game to overpower a team that had beaten Scotland 27-17 and crushed Italy 39-10 in its two previous outings. ‘Physical’“It was always going to be a physical game against Samoa, but I think the boys stepped up. It was a physical game from both sides and that’s what makes it exciting. The guys didn’t back away from the challenge and made an impact,” Louw told Jacaranda FM’s Trevor Cramer. DanceNyakane elaborated: “The dance is something I always do with Free State with Raymond (Rhule), so when I scored the try Bryan was like ‘We have to do it, brother’ and I was like ‘okay’. He’s my senior. He’s been there before me. Why not? It was my first [test] try so I had to celebrate and I enjoyed it quite a lot.” Most obvious improvementLe Roux’s contribution was the most obvious improvement for the Springboks and credit to him as a player with Griquas, traditionally not one of the country’s leading provincial teams, for making such an impact that his national team candidacy could not be ignored. The two flanks, Francois Louw, who missed the previous test because it clashed with his marriage, and battering ram Willem Alberts, who was out with injury, were singled out by coach Meyer for praise. Having introduced so many players to the green and gold jersey, Meyer will no doubt be pleased with what he saw from them. The opposition was not as tough as that the team will face in the Castle Lager Rugby Championship, which begins in August, but they provided just the kind of stepping stone that the coach would have liked to order before the big southern hemisphere showdowns. Before they return to international action, the players will complete the Super Rugby season, which resumes on 28 June and finishes on 3 August. After a few errors at the start of the contest, Willie le Roux, one of the newcomers to international rugby, showed why he deserved to be wearing the green and gold with some exciting incisions into the backline, including setting up Bryan Habana for the opening try of the match. ExcitingCiting some of the greats he had played with in his career, including Os du Randt, Percy Montgomery, Victor Matfield, Bakkies Botha, John Smit, Fourie du Preez, Schalk Burger, Habana said it was exciting to have played with them and to now be part of a young team. Engelbrecht scored tries in each of the three tests, while Kolisi was named man of the match after coming on early for an injured Botha in the test against Scotland, and prop Nyakane rounded off the win over Samoa with a popular try at Loftus Versfeld, which was followed by a celebratory dance. Teamwork“But I think he will be the first to say, as well, that a lot of the hard work was done by the forwards and the other guys on the field, and sometimes he was just there at the end,” De Villiers said. “But he’s a classy player. He’s a world class player. He’s been IRB World Player of the Year [in the past] and there always seems to be magic when he touches the ball. He’s a special guy and hopefully he can continue with that form.” 24 June 2013 Would you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

Out Of Nowhere, TripAdvisor Becomes One of Facebook’s Biggest Apps

first_imgTags:#Facebook#web Guide to Performing Bulk Email Verification TripAdvisor is one of my favorite travel websites. I use it to choose hotels, before I travel. That’s because it has a vast database of user-generated hotel reviews and its ranking system is slick and dependable. Also, unlike Orbitz, TripAdvisor doesn’t penalize me for using a Mac.TripAdvisor released its first Facebook app back in June 2007, called “Cities I’ve Visited.” This is the very same app that now attracts 31 million monthly active users, although now it’s simply called TripAdvisor (a separate app called Cities I’ve Visited still shows up in Facebook’s search, but it re-directs to the TripAdvisor app). TripAdvisor integrates onto your Facebook Timeline and automatically shares your activity. The Dos and Don’ts of Brand Awareness Videos The growth has been particularly rapid this past week. According to AppData, TripAdvisor’s Facebook app was the top gainer across Facebook last week with 6.2 million new MAU. That’s a 25% gain in just one week. Is the user growth related to TripAdvisor’s “Instant Personalization” feature, which it introduced in 2010 as an official partner of Facebook? Instant Personalization means that TripAdvisor uses Facebook data that you’ve made public – such as your name, profile picture, gender and networks – to serve you a personalized experience. The key is it doesn’t require your permission to do this. Even if you don’t have a TripAdvisor account, if you are logged into Facebook then you will see reviews from your friends and other “personalized” information on TripAdvisor.com. There are seven other companies in the Instant Personalization program, including local reviews site Yelp and Microsoft’s Bing search engine. Facebook is Becoming Less Personal and More Pro…center_img richard macmanus While this shows that TripAdvisor is a close partner of Facebook, Instant Personalization doesn’t explain the sudden ramp up of TripAdvisor’s Facebook app. Neither does a new app it released last week, called Local Picks. That app, which provides dining recommendations, is TripAdvisor’s second on Facebook. But it’s a separate app and so it doesn’t impact the statistics of the TripAdvisor Facebook app.So what is (literally) up with TripAdvisor’s Facebook app? InsideFacebook suggests it is “due in part to a Facebook Sponsored Stories campaign to re-engage users.” In other words, TripAdvisor has been advertising on Facebook. If this is the main reason for TripAdvisor’s jump on Facebook, then it must be considered an amazing return on investment!It may also be that it’s summer in the U.S. and Europe, so people are using TripAdvisor more and socializing their travel on its Facebook app.We’re going to have to appeal to the wisdom of the crowds on this one. Let us know in the comments what you think has caused TripAdvisor to suddenly become one of the most popular apps on Facebook! Related Posts Over June, the Facebook app of travel reviews site TripAdvisor has increased its Monthly Active Users (MAU) by over 67 percent. It now has 31 million MAU, moving it up to fourth on AppData’s Facebook Apps Leaderboard – just above the ever-popular MyCalendar birthday app and Zynga’s top ‘Ville game CityVille. What makes it even more intriguing is that in May, according to InsideFacebook (a sister site of AppData), TripAdvisor experienced “a steady decline.” So how has TripAdvisor not only stopped a decline, but added 12.5 million users in the space of a month? A Comprehensive Guide to a Content Auditlast_img read more

What it Takes to Build a Highly Secure FinTech Application

first_imgRelated Posts Digital storyteller and brand journalist. Since FinTech apps deal with highly sensitive personal and business data, security should be at the forefront of finance and banking solutions development. However, the reality is different. Here’s what it takes to build a highly secure FinTech application.Data storage issues, weak encryptions, data leakages, are just some of the vulnerabilities frequently discovered in FinTech applications.According to the State Of Application Security Report by Immuniweb, 98 of 100 reputable FinTech startups are vulnerable to phishing and hacker attacks. These figures spill the light on a serious issue: an entire industry, which should be 100% secure and dedicated to protecting clients’ data.But the fact is that the data is an easy target for cybercriminals. The notorious example of Equifax, responsible for some of the most significant data breaches in history, and, most recently, Earl Enterprise, proves that neglecting security can be devastating.The data uncovered by independent investigators brings troubling news: some of the most popular FinTech mobile apps are insecure and virtually expose their users’ data to the risk of theft.Under these circumstances, building secure FinTech apps with data protection in mind is not only a hallmark of a responsible and trustworthy company but will also give your FinTech application a distinct advantage over competitors. Below we will guide you through the steps you need to take to build a secure FinTech solution.How to create secure FinTech solutions.Ensuring FinTech app security will require you to include some of the important phases into every step of the development process. Here’s how to secure your FinTech app.1. Build infrastructure security.The FinTech app you’re developing will have to leverage quite a robust IT infrastructure. At the initial phase, building a secure infrastructure is of paramount importance. If your app runs on the public cloud, choose a reputable cloud vendor who is serious about security and complies with modern cloud security standards.AWS enterprise cloud, for example, has all it takes to stand up against massive DDOS attacks. It will also ensure fast disaster recovery in case of disruptions.For financial institutions building their FinTech apps on cloud infrastructure, it’s also critical to make sure that cloud vendors comply with the same standards they are using internally.Fintech architecture security.                                                                                                  Image Source: altitudelabs.com2. Build a secure application logic.Simply put, building app logic with security in mind means integrating security into every step of the application usage process. From data storage to password complexity, each facet of your future application has to be protected against possible threats.What data has to be stored within the application? Is it really necessary to store all debit and credit card numbers? Who’s going to have access rights to certain application features? These are the questions you need to ask during the early development stages of your FinTech application.The best practices for building secure FinTech solutions include:Introducing complex passwords.2-way authentication.Keeping a log of every action the user performs as well as their geolocation, IP address, and device info.The multi-step approval process for all critical activities.Monitoring transactions and blocking the ones that seem suspicious.3. Write secure code.The code of a FinTech app has to be easily transferable between devices and include algorithms for easy detection of any flaws in case of a breach or an attack. It also has to be easily updatable if the worst-case scenario takes place.The best practices for writing secure app code include input validation and reviewing any data that is being sent to external networks. Monitor the granting of access to only the most basic app functions and define clear access rules, taking measures to ensure adequate protection of sensitive data.Other measures would include protecting your code from SQL infusions, which are still an easy way of hacking a FinTech app.4. Test your FinTech solution.Needless to say, building secure FinTech solutions requires thorough testing during each of the nine above mentioned stages.The generally accepted practice is to carry out “penetration testing” – running your own faux attacks to detect vulnerabilities within an app. Needless to say, continuous and meticulous testing should be an integral part of the development process. Hire security testers, if you need to, to build high-quality, attack-resistant code.The standard testing process for FinTech companies includes seven consequent steps and starts with the requirement gathering and review. This is necessary for the QA engineers to understand the basic requirements and the security standards the particular FinTech solution is expected to adhere to.All in all, the steps are as follows:Requirement gathering.Requirement review.Preparing business scenarios.Functional testing.Database testing.Security testing.User acceptance.After they have a clear understanding of the app security requirements, QA testers work on figuring out every possible business scenario which may potentially open a doorway for an attack or data breach. An understanding of FinTech sub-niches like insurance, banking, or investment is needed to list these action sequences and test them for security loopholes.The next step is functional testing, which, for FinTech organizations, is a complex process in itself. Using FinTech apps presupposes an interchange of money and personal info, so QA engineers should work through every possible scenario. Further on, they proceed with database testing, security testing of APIs, identification, authentication, and authorization. The final step is the user acceptance testing when the app and its core functions are tested from the user perspective.5. Ensure web-server security.A web server is the most frequent target for external attacks. It’s now a common practice to protect users’ data with an HTTPS SSL certificate. Most popular browsers will alert users if a website has none – so, you obviously can’t omit this step and be deemed trustworthy.Using VPN is another common practice — it does add complexity at the setup phase, but since it only grants access to hardware with a valid public key, so it’s worth the effort. Neglecting web server maintenance may also cost you dearly: run regular check-ups of all web server components and hire a professional DevOps consultant if you need one.6. Secure every step of your daily workflow.It is mandatory to reduce the human factor – the common cause for almost half of all security breaches, according to Kaspersky. Take measures to ensure a fast and easy recovery. Introduce regular backups of all data, files, and code, practice security rehearsals.Simulate potential emergency situations and act out ways how your personnel will handle them.Set up clear and coherent access rights to prevent data breaches during each stage of the development process, have your staff sign NDA agreements and use corporate hardware on your company premises.As of today, many financial companies undergo ISO 27001 Certification for high-security standards. The process of certification and, further, of confirming the certificate, is complex but will signify that your company uses top-notch security practices.7. Ensure API security.Most users run FinTech apps on mobile devices, and mobile apps use application programming interfaces (APIs) to interact with the application backend. Hence, APIs are also regular attack targets, so ensuring their security is critical for building a truly safe FinTech app.This is typically ensured by introducing automatic API token rotation and providing identification, authentication, and authorization for accessing API.Why API is essential.8. Set up identification, authentication and authorization system.The identification, authentication, and authorization system should serve as a strong barrier to any intrusion or suspicious activity. Your authentication methods shouldn’t be reduced to passwords only. Combine these methods with SMS verification or one of the most recent verification methods like thumbnail or retina scan.At an authorization level, the app identifies the user as the one permitted to perform certain tasks or not. Ideally, user rights should be reduced to a limited set of actions and commands.9. Use data encryption techniques.If you operate under US legislation, it’s a must to use data encryption for users’ personal data (name, address, social security number). Financial data like credit card number and payment history, and any other info which can be received during receiving a certain financial service.Encryption is necessary to protect data during transmission, a phase when it’s highly vulnerable and can be easily intercepted. Secure data transmission involves using various encryption algorithms; for example, the US Federal Government uses AES, which is currently believed to be the safest one.10. Introduce the payment blocking feature.One of the means to prevent fraud is to indicate suspicious activity. Use something that would differ significantly from the user’s normal actions, such as, for example, untypically large amounts of money transferred from unusual locations.To protect the user from potential fraud, implement a payment blocking feature in your app. This feature will ensure payment blocking immediately, after anything that falls out of the scope of a user’s regular activity takes place.Final ThoughtsAs you can see, FinTech app security testing is a complex process requiring very specific knowledge and skills. Since FinTech organizations deal with highly sensitive data, they possibly can neither avoid or simplify the quality assurance process.Moreover, in countries like the United States, FinTech companies have no choice but to comply with security standards imposed by federal legislation. These are the main reasons why financial institutions seek to hire FinTech QA talent, and the demand for such specialists currently outstrips the supply.If you can’t afford to hire enough FinTech testers and QA experts to test your product at each stage of development. Use QA staff augmentation which will allow you to integrate your offshore QA talent with the in-house dev team. You’ll have cost savings as a result of access to lower-cost yet talent-rich locations.One way or the other, ensuring top-notch security testing is an investment into both application quality and your reputation of a trustworthy FinTech company. Vik BogdanovChief Marketer at 8allocate Tags:#cybersecurity#Fintech#Fintech App#FinTech Development#FinTech software development Role of Mobile App Analytics In-App Engagement Why IoT Apps are Eating Device Interfaces Follow the Puck Trends Driving the Loyalty Marketing Industrylast_img read more

Cloud Computing Solutions: Highlights from Day in the Cloud

first_imgI got to spend the day yesterday chatting with some of the leaders in cloud computing as they showcased their reference architectures (the recipes for building cloud computing solutions I wrote about yesterday) up and running in our Cloud Builders lab.  The showcase was part of our Day in the Cloud event, a day featuring our Cloud Builders partners sharing their technology solutions to select editors and bloggers to highlight how the industry is working together to tackle some of the toughest technical challenges facing deployment of solutions in both enterprise and public cloud environments.  The reasons for such a day are vast but based on a simple premise that to truly understand the power of a reference architecture you need to see it live.  It’s kind of like reading a recipe vs. tasting the end result.  Based on our guest’s interests in the reference architecture walkthroughs, I think this premise was correct.For those of you who weren’t lucky enough to participate yesterday, here’s an initial recap of some reference architectures that were featured yesterday.  I will be recapping additional reference architectures over the next few days.  Click the titles to find learn more at the Intel Cloud Builders site.Gproxy: Client Aware ComputingOne of the most unique and compelling usage models we saw yesterday was brought by e-commerce software leader Gproxy.  Gproxy and the Intel Cloud Builders team highlighted the concept of client aware computing…in other words, an optimized user experience driven based on the unique nature of the client requesting information from the cloud.  The reference architecture demonstration featured two PCs, one an old Centrino machine and one a brand new Intel Core machine loaded up with all the bells and whistles.  In the demonstration, Gproxy showed us how their solution utilized APIs supplied by Intel to “score” machine capabilities and send the optimized content based on network, processor and graphics capability, and other factors.  The result was a rich 3D and video rich experience for the new PC, and a flat, simpler experience for the old PC.  When you extend the thinking of client to all of the myriad devices we expect to connect to the cloud in a few years you can see how this is a powerful concept.  And, it seems ZDnet agrees.Parallels & Microsoft: Trusted Computing via Parallels Automation for Cloud Infrastructure featuring  Microsoft Hyper-V CloudThis interesting demonstration of a Reference Architecture featuring Parallels trusted cloud technology and Microsoft Hyper-V highlighted the unique challenges of ensuring secure delivery of data between an enterprise and public cloud environment.  Utilizing Intel’s TXT environment to deliver hardware enabled data encryption, the demonstration highlighted how IT managers could migrate workloads in a heterogeneous environment while ensuring that compliance policies were maintained regardless of data location.  With security on the tops of IT minds when it comes to cloud adoption, it’s easy to see why this technology is critical to a complete cloud environment.Dell & Vmware: Efficient Cloud implementation through Optimized and Policy driven power managementOne critical aspect of cloud deployments is efficiency.  Efficiency ensures data center costs are kept low, and whether you’re managing your internal electrical bill or paying for your service provider’s data center costs, improved efficiency helps the bottom line.  In this Reference Architecture, Vmware’s vSphere technology has taken advantage of Dell’s c2100, c6100, and c1100  server platforms featuring Intel’s Intelligent Node Manager technology to enable IT to control power delivery to servers based on workload requirements…in real time.  This tight instrumentation of power delivery enables acute control of power costs based on what is required enabling IT managers to set power policies for their data centers that drive down costs.I’ll be back next week with more highlights from Intel’s Day in the Cloud.  In the meantime, check out my new Conversations in the Cloud podcast to learn more.last_img read more

2 days agoSon lauds Tottenham togetherness for Red Star Belgrade thrashing

first_imgSon lauds Tottenham togetherness for Red Star Belgrade thrashingby Freddie Taylor2 days agoSend to a friendShare the loveSon Heung-min says Tottenham showed immense camaraderie to thrash Red Star Belgrade on Tuesday night.With their backs against the wall following three winless matches, Spurs smashed five past the Serbians in front of their own fans.Son told BT Sport: “We as a team stuck together from the start. We wanted to win. It was an amazing job and amazing performance.”The ball (for my first goal) was great and the timing perfect, then I finished well. Not important only the goal, the way we played was the most important thing.”We have got a long way to go, some big away games coming in the Champions League. But we take it step by step, think about Sunday and Liverpool and then think about the Champions League again after that.” About the authorFreddie TaylorShare the loveHave your saylast_img read more