Intelligent SME.tech Issue 17 | Page 6

// LATEST UPDATES //

Barclays and Rainmaking to drive FinTech innovation
Barclays has announced that Rainmaking , a leading corporate venture builder , has been chosen as an innovation partner . With the support of Rainmaking , Barclays will launch a new suite of initiatives targeted at FinTech founders across the globe , from early-stage to scale-up and beyond , to help grow and develop their companies .
The first to launch is the Rise Start-Up Academy , a virtual digital skills-building accelerator targeted to early-stage FinTech founders . Applications are open for founders addressing emerging FinTech trends including wealth equality , climate , the future of money and more .
Rise Growth Academy will be launched to provide capability development around key areas such as investment readiness , recruitment , accelerating sales and leadership development .
A FinTech Venture Studio will also go live later this year and focus on co-developing new FinTech ventures through working with internal talent , start-ups and other leading companies .
JumpCloud expands directory platform with Patch Management
JumpCloud has announced the addition of Patch Management to its cloud directory platform . The new offering extends the JumpCloud Directory Platform to help SME IT admins have greater insight into system vulnerabilities , allows them to deploy automated patch updates and strengthens their overall device security posture .
“ We all know that users don ’ t update their devices with bug fixes or security patches with any regularity or discipline ,” said Greg Armanini , Senior Director of Product Management , JumpCloud . “ This creates huge security gaps for every organisation , especially those that are distributed , which is almost every organisation today . JumpCloud Patch Management solves this problem quickly and easily and delivers robust updates that improve security , enhance organisation protection and provide tremendous peace of mind as a result . Offering this functionality as part of the directory platform further centralises user identity and device management .”
UK Finance warns SMEs of increased risk of targeted scams
UK Finance ’ s Take Five to Stop Fraud campaign is warning UK SMEs to be alert for scams targeting their companies .
As many businesses started the new year with people working from home , fraudsters will try to take advantage of opportunities to steal money where firms might be working outside of their normal processes . Criminals often attempt to impersonate a chief executive , senior manager or supplier to try and convince staff to make an urgent payment or to change the existing bank account details held on file .
Katy Worobec , Managing Director of Economic Crime at UK Finance , said : “ The banking industry is tackling fraud on every front , but it ’ s important for businesses to always stay alert and when in doubt , remember the advice of the Take Five to Stop Fraud campaign to Stop , Challenge , Protect .”
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