financial-institutions
BankingTime Is Ticking: How Can Financial Institutions Ensure Compliance With the FCA’s New Operational Resilience Regulations?
TechnologyMulti-Tiering to Negate the Heightened Risk From Cyber-Attacks
FinanceCaught in the Crossfire: How the Russia-Ukraine Crisis Is Exposing Firms to Cyber-Risk, and What They Can Do About It
Top StoriesNew U.S. Sanctions for Russian Bank, Oligarchs, Crypto Miner BitRiver
Why Financial Institutions Need Fintechs to Stay in the Game
Date: April 12, 2022
By Jacco de Jong, Global Head at Bolero Today’s financial institutions are focusing on the needs of their customers in terms of clarity, efficiency, and security. Despite the high cost and complexity traditionally associated with corporate portals, banks have been slow to adopt Software as a Service models for helping them better manage their budgets....
Why Buy Now, Pay Later and Cryptocurrency Must Be in the Payments Playbook
Date: April 12, 2022
By Keith Ash, SVP of SRM (Strategic Resource Management) Consumer payment behaviors are in flux, in no small part due to a variety of emerging options. Financial institutions need to recognize these newfound preferences to avoid the risk of customer attrition. While adopting different payment platforms such as Buy Now, Pay Later (BNPL) and cryptocurrency...
Ukraine Says Tens of Thousands Killed in Mariupol, Accuses Russia of Abuses
Date: April 11, 2022
By Pavel Polityuk KYIV (Reuters) – Ukraine on Monday said tens of thousands of people have likely been killed in Russia’s assault on the southeastern city of Mariupol while the country’s rights ombudswoman accused Russian forces in the region of torture and executions. Reuters has confirmed widespread destruction in Mariupol but could not verify the...
Why Fast-Growing Financial Organisations Must Be Data-Focused in the Fight Against Fraud
Date: April 7, 2022
Boris Huard, EMEA MD for Identity & Fraud at GBG, the digital identity experts Fraud is a huge problem with fraud soaring to its highest ever recorded levels, and the pandemic further exacerbating the onslaught due to greater online dependency. Scams, phishing, account takeover, third-party identity theft, and other types of cyber schemes accounted for the highest...
Bolster IT Retention and Recruitment With Workload Automation and Orchestration
Date: April 5, 2022
By Todd Dauchy, CEO of SMA Technologies Credit unions and banks are on thin ice with members and clients. A recent study by The Harris Poll revealed over 40% of financial consumers would seek to put their money elsewhere if their financial institution (FI) fails to provide a robust digital banking experience. Furthermore, nearly 60%...
Spain Seizes Russian Oligarch Vekselberg’s Superyacht on Behalf of U.S
Date: April 4, 2022
By Belén Carreño and Sarah N. Lynch MADRID/WASHINGTON (Reuters) -Spanish police on Monday impounded a superyacht belonging to Russian oligarch Viktor Vekselberg on behalf of U.S. authorities, the first time the United States has seized property belonging to a Russian oligarch since its invasion of Ukraine in February. Valued at more than 90 million euros...