#financial-institutions
#financial-institutions

3 weeks ago

How FIS and Episode Six are helping FIs expand their products into new markets - Tearsheet

FIS partnered with Episode Six to tackle payment complexities and modernize financial institutions globally.

California

fromwww.housingwire.com

3 weeks ago

Californians report unraveling mortgage relief after the fires

California's mortgage relief program is facing compliance issues, with homeowners receiving unwarranted demands for repayments despite the voluntary guidelines established.

Business

fromwww.housingwire.com

4 weeks ago

MeridianLink hires Denise Cox as chief customer officer

Denise Cox joins MeridianLink as a leader focused on enhancing customer relationships and outcomes.

from24/7 Wall St.

Here Are 3 ETFs Warren Buffett Would Approve Of for the Average Investor

Warren Buffett endorses long-term investing, advocating transparency and simplicity in business models.

fromThe Verge

fromLondon Business News | Londonlovesbusiness.com

Zelle needs to fix 'significant scams and fraud,' lawmakers say

Financial institutions face scrutiny over Zelle scams linked to social media.

Key players in the forex market: Understanding the complex ecosystem of currency trading - London Business News | Londonlovesbusiness.com

The Forex market is critical for global finance, involving diverse participants impacting currency movements.

The Harmony Gap: Why banks lose $100M annually when fintech and legacy systems don't play nice - Tearsheet

The new research highlights the costly reality of disharmony within financial systems, exposing the operational inefficiencies that accrue from mismatched fintech and traditional practices.

Digital life

#cybersecurity

fromThe Hacker News

Information security

Cyber Criminals Exploit Open-Source Tools to Compromise Financial Institutions Across Africa

fromDatabreaches

Information security

Banks Want SEC to Rescind Cyberattack Disclosure Requirements

fromwww.bbc.com

Information security

Cyber-attack threat keeps me awake at night, bank boss says

Cyber-security is a top concern for banks amidst increasing threats and significant financial investments.

fromFast Company

Information security

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.

fromThe Hacker News

Information security

Cyber Criminals Exploit Open-Source Tools to Compromise Financial Institutions Across Africa

fromDatabreaches

Information security

Banks Want SEC to Rescind Cyberattack Disclosure Requirements

fromwww.bbc.com

Information security

Cyber-attack threat keeps me awake at night, bank boss says

Information security

fromFast Company

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.

more#cybersecurity

fromMedium

Goldman Sachs Rolls Out AI Assistant Firmwide to Boost Employee Productivity

Our AI assistant is designed to empower employees by reducing the time spent on repetitive tasks. From drafting reports to analyzing large datasets, the tool is meant to act as a force multiplier.

Artificial intelligence

fromBleepingComputer

Instagram ads mimicking BMO, EQ Banks are finance scams

Instagram ads are being used to impersonate financial institutions for phishing scams targeting Canadian consumers.

European startups

"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

NBFIs are gaining market share in SME lending through technology, pressuring traditional FIs to innovate.

from24/7 Wall St.

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

fromBitcoin Magazine

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.

fromFast Company

Trump Media to raise $2.5 billion to build a bitcoin reserve

Trump Media will raise $2.5 billion for a bitcoin reserve from institutional investors.

fromComputerWeekly.com

Building resilient cyber threat intelligence communities | Computer Weekly

Effective cyber threat intelligence communities must balance size for impactful sharing with intimacy for trust.

'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

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

Artificial intelligence

fromIT Pro

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.

fromHackernoon

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.

Privacy professionals

fromDatabreaches

fromNon Profit News | Nonprofit Quarterly

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

North Dakota's HB 1127 significantly enhances regulatory requirements for financial institutions, focusing on data security and compliance measures for nonbank entities.

Banking and Community: A Conversation with Oscar Perry Abello - Non Profit News | Nonprofit Quarterly

Oscar Perry Abello expressed the importance of local community banking in combating racial disparities and climate change, advocating for a more locally controlled banking system.

Online Community Development

fromIndependent

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

The Government is initiating a review to relax planning rules for granny flats, aimed at encouraging older individuals to downsize and alleviate the housing crisis.

Retirement

fromwww.cbc.ca

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

Many Canadian taxpayers are still awaiting tax slips through CRA's portals, complicating tax filing within the deadline.

from24/7 Wall St.

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

Reddit users are seeking bank bonuses for large deposits, leading to comparison shopping between financial institutions.

fromwww.housingwire.com