risk-management
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BusinessScope 3 Emissions: Seeking Clarity in a Sea of Uncertainty
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Mastering the Mind Game: How Minesweeper Sharpens Your Cognitive Skills
Date: October 1, 2024
The Power of a Simple Puzzle For a very long time, desktop computers and gaming consoles all around the world have been home to the ageless classic of logic-based puzzle games, Minesweeper. This game provides a fantastic platform for cognitive talents and mental sharpening, even with its simple design. Minesweeper is more than just a...

ECB Started Issuing Fine Notices to Banks Not Meeting Climate Expectations
Date: September 25, 2024
NEW YORK (Reuters) – The European Central Bank has started issuing fine notices to lenders not meeting its long-defined expectations on disclosing and managing climate risk, Irene Heemskerk, the head of the ECB’s climate change centre, told Reuters on Tuesday. The ECB has long complained that banks are not meeting its supervisory expectations on...

From Compliance to Resilience: Adapting to Dora in Financial Services
Date: September 23, 2024
Author: Shilpa Doreswamy, Sector Director of Retail Banking, GFT The financial services industry is increasingly grappling with the critical issue of downtime. In today’s digital age, even a brief outage can have severe repercussions, costing banks almost $5 million an hour, discounting any penalties and fees. Preventing IT outages within financial institutions is the main...

Czech Republic Reported Bird Flu Outbreak on Farm, Woah Says
Date: September 17, 2024
PARIS (Reuters) – The Czech Republic has reported an outbreak of the highly pathogenic H5N1 strain of avian influenza, or bird flu, on a poultry farm, the World Organisation for Animal Health (WOAH) said on Monday. The virus killed 52 geese at a farm in the town of Martinice u Breznice, with another 848...

Swiss Banks Fret Over Sanctions Risk to Wealth Business
Date: September 12, 2024
By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as against Russia over Ukraine, as the greatest geopolitical risk to their business. The report by the Swiss Bankers Association (SBA) and consultants zeb said on Thursday that Swiss policymakers should develop an approach to sanctions...

How Credit Assessment Solutions Grow Your Business?
Date: September 12, 2024
Running a successful business requires making informed decisions, especially when extending credit to customers or partners. Assessing the creditworthiness of potential clients is a critical part of managing risk and ensuring the financial stability of your business. However, conducting thorough credit assessments can be time-consuming and complex, which is why many businesses turn to credit...
