financial-institutions
BankingBanks Need to Upgrade Their Mfa to Protect Users and Assets
Top StoriesEU Leaders to Agree to Set up Ukraine Reconstruction Fund, Vague on Detail
Top Stories‘Huge’ Pressure for Shanghai to Stay COVID-free as End to Lockdown Looms
Top StoriesSantander’s Board Begins Search for CEO Alvarez’s Replacement
EU’s Mutual Defence Clause Can Be Safeguard During NATO Accession, Finland Says
Date: May 12, 2022
BRUSSELS (Reuters) – Finland is also looking at the European Union’s mutual defence agreement as a security safeguard while its NATO application is processed, Foreign Minister Pekka Haavisto told EU lawmakers on Thursday. “Of course, we have been talking to our EU friends what kind of support could be, for example, the article 42.7 in...
How Banks Can Meet Compliance Requirements as Russian Sanctions Increase
Date: May 11, 2022
By Shiran Weitzman, CEO of Shield In February, banks around the world halted transactions involving designated Russian financial institutions as global authorities enacted numerous sanctions in response to the country’s invasion of Ukraine. Since then, banks everywhere have been struggling to navigate the complexities and costs of complying with the ever-changing sanctions that have ensued...
Enabling More Financial Freedom Through Open Finance for SMEs
Date: May 9, 2022
By Andrea Varga, head of innovation at Aryza. Open finance is poised to transform the financial services sector and unlock much-needed access to funding for SMEs. As an extension of the now-familiar open banking concept, it encompasses a wide range of other financial products. While open banking is the approved sharing of client information between...
How Can Financial Institutions Better Secure Their Workforce?
Date: May 6, 2022
By Rob Otto, Field CTO EMEA at Ping Identity The pandemic has caused major upheavals in how we work, driving many businesses to move away from office culture and toward more flexible methods of working instead. This transition is still in the experimental stage, as businesses try to figure out and test new post-pandemic working...
UK Competition Watchdog Sets Deadline for Lseg Takeover of Quantile
Date: May 3, 2022
LONDON (Reuters) – Britain’s competition watchdog said on Tuesday that the London Stock Exchange Group and Quantile Group have until May 10 to offer acceptable undertakings to avoid an in-depth investigation into their merger. LSEG said in December it had acquired Quantile for up to 274 million pounds ($343.49 million) to expand its range of...
Virtual Queuing and Appointment Scheduling: A Powerful Pair
Date: April 28, 2022
By Eldar Erlich, Associate Product Manager, Qtrac by Lavi Industries Digital technology has transformed how financial institutions serve their customers, who can now handle most of their banking without ever setting foot in an actual branch. Although some people still prefer depositing a check or withdrawing cash with the help of a live teller, many...