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Fintech, new solutions that demonstrate an incremental or radical or disruptive innovation development of applications, processes, products or business models in the financial services industry (FSI) has been growing at incredible rates over the last few years. 

Now, Swedish investor NFT Ventures has joined forces with Finnish media corporation MTV to launch a new fintech fund in Finland. The Nordic region is a hotbed for IT startups. The interest in Finland is the also partly spurred by the country's successful gaming industry.  

It is clear that cloud computing offers society many potential benefits. However, its take-up is still being held back by much fear, uncertainty and doubt among not just potential cloud users, but also some policy makers and regulators.

The European Union Agency for Network and Information Security (ENISA) and the Cloud Security Alliance (CSA) publish new report on cloud service adoption in the financial sector. Seven key challenges stand in the way of mainstream adoption in the sector, the report reveals.

A new report on Standards terms and performances criteria in Service Level Agreements for cloud computing services has been published by the European Commission. The report is based on data and analysis from the period January 2013 to June 2015 by time.lex and Spark. It provides an overview of the legal landscape, rules and policies with regard to Service Level Agreements (SLAs) in each of the Member States.

Speaking at the 2015 European Identity and Cloud conference in Munich, David Mount (NetIQ solutions consulting director), said that identity is the key to managing the risks of millions of devices being able to access too much information. Why? Identity is the one thing that is still under the control of the organisation and the individual. It can help balance the needs of users with the needs of risk managers.