October 7, 2022

https://ift.tt/LboR1aZ Over the last half decade, industry insiders around the world have watched cybersecurity budgets balloon astronomically to fight the ongoing threats facing businesses everywhere. The rise of ransomware, the constant assault of phishing attacks, the never-ending list of vulnerabilities, it all culminates in a diverse threat profile that requires a multitude of technical solutions […]

https://ift.tt/3dpGV8x The 1970s is the ultimate American allegory of inflation. By official measures, it was the worst inflation rout in America’s post-war history, with inflation peaking at 14.6%. It was also a bitter lesson about what happens when policymakers bide their time—for political gain and whatnot. So, naturally, the 1970s is always the reference for

https://ift.tt/otjWSYM An estimated $100 million in Binance Coin (also known as BNB token) tokens were stolen during a targeted hack on the BSC Token Hub on Friday. Hackers broke into the cross-chain bridge linking Binance with Binance Smart Chain (BSC) to shift the funds. These bridges are designed to facilitate the movement of tokens from

https://ift.tt/qSzHa9l From the very first ATM in the 1960s to the rise of smartphones leading to mobile banking in the 2000s, and now in the booming digital era with super apps and fintechs, the financial industry has evolved to improve the customer experience. While customers may choose a financial product or service for its function

https://ift.tt/WL8bunr While there have been countless, ground-breaking developments in digital banking in recent years, cash remains the most used legal tender on the planet. Therefore, we need to consider how can we make cash as green as possible. To find out, Finextra spoke to the head sustainability engineer at G+D currency technology, Alexandra Geiger, on

https://ift.tt/zRAfkyi OneConnect Financial Technology Co., Ltd (OneConnect), a leading Technology-as-a-Service provider for financial institutions, today announced the official launch of its regional operations in Abu Dhabi Global Market (ADGM), the leading international financial centre of the capital of the UAE. OneConnect’s addition to the ADGM family will further support the development of the fintech ecosystem

https://ift.tt/tQi2wA3 Finastra has today announced that it has partnered with Kotak Mahindra Bank to support its new integrated corporate banking portal, Kotak FYN, using Finastra’s Unified Corporate Portal solution. Kotak Bank and Finastra have been working together since October 2021 to expand the Kotak FYN portal for business and corporate customers. The bank’s customers can

https://ift.tt/p8lfjXT UK financial institutions will use new technology to tackle the impact of rising costs, according to a new report from Lloyds Bank. Three quarters (75%) of UK financial services firms expect their operating costs to increase over the next 12 months. When asked how they plan to manage the impact of rising costs, the

https://ift.tt/pIMxyX4 Channel Capital Advisors LLP (Channel) is pleased to announce the launch of its specialist Fintech Lending Strategy, with commitments from global institutional investors. The first $100m tranche of the $300m strategy will be deployed immediately to leading fintech lenders. Channel’s fund will be deployed to digital lending fintech platforms that require capital to finance

https://ift.tt/FminsVe Plus, Goldman finds a silver lining in the gilt crisis and China’s EV battery queen lands in Washington’s geopolitical crosshairs Financial Services

https://ift.tt/FPAIfTv My September Employment Preview Goldman September Payrolls Preview Friday:• At 8:30 AM ET, Employment Report for September.   The consensus is for 250,000 jobs added, and for the unemployment rate to be unchanged at 3.7%. Financial Services