#financial-institutions

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fromBleepingComputer
11 hours ago

Instagram ads mimicking BMO, EQ Banks are finance scams

Some Instagram ads are impersonating Canadian banks like BMO and EQ Bank, using phishing tactics and deepfake videos to deceive consumers into sharing personal information.
Social media marketing
fromTearsheet
1 day ago

"Take a hard look at your current ecosystem. If you were to double the assets under your management today, would your current ecosystem sustain that growth?" Finastra's Kristen Lista, on what FIs need to do to compete in SME lending - Tearsheet

Non-bank financial institutions (NBFIs) are capturing market share in SME lending by leveraging technology for quicker lending solutions, pushing financial institutions to innovate.
European startups
from24/7 Wall St.
1 week ago

Bank of America Revamps Credit Card Rewards - What You Need to Know About the New Cash Back Opportunities

Some Redditors applauded Bank of America's recent announcement of better rewards amid other competitors "nerfing" their credit cards. Here's what you should know about the bank's new credit card rewards.
Bootstrapping
#bitcoin
Cryptocurrency
fromBitcoin Magazine
1 week ago

Bitcoin Officially Traded Above $100,000 For 30 Consecutive Days For The First Time

Bitcoin's milestone of 30 days above $100,000 indicates strong market confidence and potential for further gains.
#cybersecurity
Artificial intelligence
fromIT Pro
1 month ago

AI-powered banking fraud on the rise - but financial institutions are fighting back

AI is now a central tool in both executing and combating bank fraud, with ethical implications for financial institutions.
Information security
fromFast Company
2 months ago

Major U.S. banks pause data sharing with this federal bureau after a cyberattack exposed sensitive information

Major U.S. banks pause information-sharing with the OCC following a significant cyberattack.
fromITPro
6 months ago
Information security

UK banks weathered the storm of cyber threats in 2024 - here's why

Artificial intelligence
fromIT Pro
1 month ago

AI-powered banking fraud on the rise - but financial institutions are fighting back

AI is now a central tool in both executing and combating bank fraud, with ethical implications for financial institutions.
Information security
fromFast Company
2 months ago

Major U.S. banks pause data sharing with this federal bureau after a cyberattack exposed sensitive information

Major U.S. banks pause information-sharing with the OCC following a significant cyberattack.
fromITPro
6 months ago
Information security

UK banks weathered the storm of cyber threats in 2024 - here's why

fromComputerWeekly.com
3 weeks ago

Building resilient cyber threat intelligence communities | Computer Weekly

No financial institution is individually resilient. Cyber risk affects everyone and banks have a responsibility to protect the wider financial ecosystem.
Business intelligence
Artificial intelligence
fromTearsheet
1 month ago

'Banking' on AI: How four financial leaders are building trust, not just technology - Tearsheet

AI innovation reshaping financial services emphasizes varied strategies among firms based on their AI maturity and approach.
fromAmerican Banker
1 month ago

Adverse Media Screening: When to Use It, When to Skip It and How It's Evolving

In today's landscape, adverse media screening serves as a crucial tool for financial institutions, enabling them to identify potential risks associated with individuals and organizations due to the unceasing flow of digital content.
Media industry
Cryptocurrency
fromHackernoon
1 month ago

Stablecoins Market Surges Past $240B as Global Demand and Market Momentum Accelerate | HackerNoon

Stablecoins have surpassed $240 billion in market cap, showing resilience and growing significance in both crypto and traditional finance.
fromDatabreaches
1 month ago

North Dakota Expands Data Security Requirements and Issues New Licensing Requirements for Brokers

Each financial corporation must designate a qualified individual responsible for overseeing the security program and report annually to its board or a senior officer.
Privacy professionals
Retirement
fromIndependent
1 month ago

Government ramps up drive to encourage older people to downsize in bid to ease housing crisis

The Government aims to relax planning rules for granny flats to address housing shortages.
Financial institutions may adjust lending criteria to assist seniors in downsizing.
fromwww.cbc.ca
2 months ago

Tax documents missing? A new CRA process is still posing issues as filing deadline approaches | CBC News

The CRA is actively working to address any outstanding issues, including consulting with issuers, to ensure tax slips are made available on the portal.
Canada news
from24/7 Wall St.
2 months ago

I Chose a $5K Bonus from Schwab for My $1.5MM Deposit: Here's What I Found Out

Fidelity offered little, just $2,000 for a $1 million deposit, and it didn't have any public offers. Schwab went a little higher, offering $3,000 in bonuses for $1 million or upping it to $5,000 for $1.5 million.
Cryptocurrency
fromwww.housingwire.com
2 months ago

Blend, Alloy expand fraud prevention partnership

Our partnership with Alloy helps us go beyond expectations, giving financial institutions the security and scalability they need to lend with confidence.
Marketing tech
#wall-street
fromBusiness Insider
5 months ago
Miscellaneous

Drug testing at big banks, from Bank of America to JPMorgan

Wall Street banks have relaxed drug testing for applicants but still impose restrictions based on impairment and legal requirements.
European startups
fromEntrepreneur
2 months ago

Why Young 'Next Gen' Entrepreneurs Want Innovation and Personal Banking | Entrepreneur

Next Gen SMBs prioritize innovation and diverse banking tools, marking a shift in business strategies.
UK politics
fromwww.theguardian.com
3 months ago

Bank and building society users hit by 33 days of outages in two years, say MPs

Banks in the UK experienced over one month of IT failures in two years, impacting customer access to services.
#consumer-financial-protection-bureau
Remote teams
fromQuartz
5 months ago

It looks like JPMorgan Chase is going full return-to-office

JPMorgan Chase is ending its hybrid work model, requiring all employees to return to the office full-time.
fromHackernoon
10 months ago

Top 8 AI and Blockchain Funds Favourite-d by Savvy Investors | HackerNoon

Investment funds focusing on AI and blockchain technology are gaining popularity; financial institutions' intent to incorporate blockchain is fast picking up steam, and AI-driven investment funds have gained an edge over traditional funds by way of lower fees and minimum requirements.
Artificial intelligence
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