Aspen adds top-notch lawyer to board

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Aspen Insurance Holdings Limited has appointed Tammy Richardson-Augustus (pictured) to its board as a non-executive director.

Richardson-Augustus brings ample experience to the Aspen board. She is a partner at Appleby Global, an international law firm that advises public and private companies, financial institutions and private individuals.

She joined the law firm in 1998 practising securities and funds work in Bermuda and Hong Kong. Since then, she has built a diversified business transactions practice, with a focus on domestic and international mergers and acquisitions, joint ventures, capital markets and securities, secured and unsecured lending transactions and general corporate governance matters. Her

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Aviva sells Polish business for $3.89 billion

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Aviva Plc has wrapped up its planned portfolio refocus with the sale of the insurer’s entire shareholding in Aviva Poland to Allianz – the eighth transaction unveiled by the group in the past eight months.

Being offloaded for €2.5 billion (around SG$3.89 billion) in cash, Aviva Poland comprises Aviva’s interests in life insurance in Poland and Lithuania, as well as the group’s Polish general insurance, asset management, and pensions businesses.

The divestment also includes Aviva’s 51% shareholding in life and general insurance joint ventures with Santander.

“The sale of our Polish business is an excellent conclusion to the refocussing of

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The answer to fraud may not be just more technology

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As Editors of a payments and fintech publication, we’re often told technology is the answer to most things – if not everything. It’s refreshing, then, to read a study which points out that understanding the motives and methods behind fraud is of vital importance – more so than any funky tech stack – to successfully battling fraud post-COVID.0

In an important new study, Arkose Labs argue that regulators, law enforcement and the payments business generally tend to have a poor understanding of how fraudsters function and what motivates them.

Arkose say that this poor understanding leads to the piecemeal application

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ABN AMRO first to market with self-healing cybersecurity software

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ABN AMRO is to start using the latest ‘self-healing’ cybersecurity software, which repairs itself when under attack from malignant viruses – much like the human body’s immune system does.

ABN AMRO first to market with self-healing cybersecurity software

Jointly developed by ABN AMRO and TNO, this cutting-edge cybersecurity technology is ready to be deployed.

Cybercriminals look for weaknesses in software used by large companies in order to steal data.

It is becoming increasingly difficult to protect data against cybercriminals as hackers discover new, more effective and more professional ways to find their way around in our digital world. 

“Self-healing security

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