With the shift to work from home many banks are dealing with situations they might not have ever had to...
LendingClub is beefing up their security practices, adding a layer of security to product its data and applications; they are...
WeLab Bank launches in Hong Kong JetClosing Raises $9M in Series B Funding How Payments Fintech Is Using Banking As...
A new survey from Deloitte and the Financial Services Information Sharing and Analysis Center shows that financial firms spend an...
Options Clearing Corporation has set a three year plan to put their business on a cloud based system; the reason for the move is concerns over cybersecurity; the company clears more than 460mn trades a month and has recently added cryptocurrency futures; cloud based servers are cheaper and more secure than in house IT systems. Source.
Community banks have found it increasingly hard to fight the growing fraud problem as they are unable to build their...
A new report by Accenture Security talks about the growing fraud risk at banks and potential solutions they can implement...
The new unit at the SEC was started in September to focus on potential illegal activities in the digital currency market; the ICO that was shut down promised returns of 1,000 percent; the SEC filed charges against Dominic Lacroix who they claim was trying to raise $15mn from thousands of investors. Source.
Custodial Bank Norther Trust has upgraded their cybersecurity protocols as they try to better protect themselves against a growing cyber...
It has been fascinating to watch the TSB saga unfold in the UK. The challenger back had an embarrassing outage...