Major banks are abandoning their climate alliance en masse. So much for woke capital' | Adrienne Buller
Major US banks are withdrawing from climate commitments, signaling a political shift away from climate-focused finance efforts.
The Fed's End-Run Around Democracy to Promote Green Policies
The Federal Reserve is pushing green policies on American banks through Climate Stress Tests and Climate Risk Management.
4 of Canada's biggest banks leave Mark Carney-led climate initiative | CBC News
Several major Canadian banks have exited the UN-backed Net-Zero Banking Alliance, seeking self-reliance for climate strategies amid political pressures.
Major banks are abandoning their climate alliance en masse. So much for woke capital' | Adrienne Buller
Major US banks are withdrawing from climate commitments, signaling a political shift away from climate-focused finance efforts.
The Fed's End-Run Around Democracy to Promote Green Policies
The Federal Reserve is pushing green policies on American banks through Climate Stress Tests and Climate Risk Management.
4 of Canada's biggest banks leave Mark Carney-led climate initiative | CBC News
Several major Canadian banks have exited the UN-backed Net-Zero Banking Alliance, seeking self-reliance for climate strategies amid political pressures.
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.
CEO Jamie Dimon: 'Time to Fight Back' Against Federal Rules | Entrepreneur
Jamie Dimon of JPMorgan Chase advocates against overlapping federal regulations, claiming they harm lower-income individuals and create unfair burdens for banks.
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.
CEO Jamie Dimon: 'Time to Fight Back' Against Federal Rules | Entrepreneur
Jamie Dimon of JPMorgan Chase advocates against overlapping federal regulations, claiming they harm lower-income individuals and create unfair burdens for banks.
A rapid-fire round through the year's hottest 10-Q stories - Tearsheet
Small business owners exhibit resilience and adaptability, utilizing effective strategies to manage stress and improve their business operations.
'The confirmation of the transaction is just as important as the underlying transaction': Truist's Chris Ward on how to simplify global transactions for SMBs - Tearsheet
SMBs are expanding globally, facing challenges with international payments, while seeking better, more convenient digital solutions due to frustrations with traditional banking.
A rapid-fire round through the year's hottest 10-Q stories - Tearsheet
Small business owners exhibit resilience and adaptability, utilizing effective strategies to manage stress and improve their business operations.
'The confirmation of the transaction is just as important as the underlying transaction': Truist's Chris Ward on how to simplify global transactions for SMBs - Tearsheet
SMBs are expanding globally, facing challenges with international payments, while seeking better, more convenient digital solutions due to frustrations with traditional banking.
Governments and banks once mocked Bitcoin. Now they want in on it
Bitcoin's value has surged dramatically, attracting serious consideration from governments and financial institutions due to its significant growth and potential.
The Paradox of the Bitcoin Maximalist
Bitcoin's original purpose of decentralization is increasingly compromised by institutional involvement and concentration of ownership.
Opinion | Don't Get Fooled Again by Crypto
Crypto gaining mainstream acceptance with high Bitcoin prices and loosened investment rules.
Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
Senate passed legislation to overturn SEC's SAB 121, enabling highly regulated financial firms to custody cryptocurrencies despite potential veto by President Biden.
No, BlackRock Can't Change Bitcoin
BlackRock's comments about Bitcoin's supply cap are overstated; the cap is fundamental and cannot be changed despite any legal disclaimers.
Wells Fargo and Bank of America's Merrill Are Now Offering Spot Bitcoin ETFs To Clients
Mainstream financial institutions like Merrill Lynch and Wells Fargo are now offering access to Bitcoin ETFs due to increased investor interest.
The decision to offer Bitcoin ETFs reflects the growing demand for cryptocurrency investment options among affluent clients.
Governments and banks once mocked Bitcoin. Now they want in on it
Bitcoin's value has surged dramatically, attracting serious consideration from governments and financial institutions due to its significant growth and potential.
The Paradox of the Bitcoin Maximalist
Bitcoin's original purpose of decentralization is increasingly compromised by institutional involvement and concentration of ownership.
Opinion | Don't Get Fooled Again by Crypto
Crypto gaining mainstream acceptance with high Bitcoin prices and loosened investment rules.
Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
Senate passed legislation to overturn SEC's SAB 121, enabling highly regulated financial firms to custody cryptocurrencies despite potential veto by President Biden.
No, BlackRock Can't Change Bitcoin
BlackRock's comments about Bitcoin's supply cap are overstated; the cap is fundamental and cannot be changed despite any legal disclaimers.
Wells Fargo and Bank of America's Merrill Are Now Offering Spot Bitcoin ETFs To Clients
Mainstream financial institutions like Merrill Lynch and Wells Fargo are now offering access to Bitcoin ETFs due to increased investor interest.
The decision to offer Bitcoin ETFs reflects the growing demand for cryptocurrency investment options among affluent clients.
Bank of America (BAC) Price Prediction and Forecast
Bank of America faces multiple challenges, including stock sell-offs by major investors, regulatory compliance issues, and high interest rates affecting its lending capabilities.
Bank of America (BAC) Price Prediction and Forecast
Bank of America, a leading financial institution, faces multiple challenges including internal shakeups and strict regulatory pressures that impact its stock performance.
Bank of America (BAC) Price Prediction and Forecast
Bank of America, despite significant challenges, remains a dominant institution but faces hurdles from regulations and market conditions.
Bank of America (BAC) Price Prediction and Forecast
Bank of America faces multiple challenges, including stock sell-offs by major investors, regulatory compliance issues, and high interest rates affecting its lending capabilities.
Bank of America (BAC) Price Prediction and Forecast
Bank of America, a leading financial institution, faces multiple challenges including internal shakeups and strict regulatory pressures that impact its stock performance.
Bank of America (BAC) Price Prediction and Forecast
Bank of America, despite significant challenges, remains a dominant institution but faces hurdles from regulations and market conditions.
Protecting financial institutions in the era of AI-driven threats
AI is enhancing the sophistication of ransomware attacks, especially in the financial sector.
Spear phishing using AI is increasing vulnerabilities in financial organizations.
The use of deepfakes represents a new level of threat in cyber attacks.
Banking details of 30 million Santander customers exposed during breach allegedly up for sale on the dark web
The aftermath of a major data breach at Santander involves the alleged sale of customer and staff information, prompting the need for increased security measures within financial institutions.
Fidelity Investments data breach impacts more than 77,000 customers
Fidelity Investments experienced a data breach impacting over 77,000 customers due to security misconfigurations allowing unauthorized access to accounts.
Ransomware attacks on financial sector targeted in House bill
Legislation proposes enhanced coordination between public and private sectors to combat ransomware attacks in financial institutions.
Indian online ID verification firm Signzy confirms security incident | TechCrunch
Signzy confirmed a security incident involving a cyberattack that raised concerns over customers' data safety. CERT-In is involved in the oversight.
Mitigating fraud, theft and scam risks within financial institutions
Banks face multiple security risks that require diligent management and proactive measures against sophisticated fraud tactics.
Protecting financial institutions in the era of AI-driven threats
AI is enhancing the sophistication of ransomware attacks, especially in the financial sector.
Spear phishing using AI is increasing vulnerabilities in financial organizations.
The use of deepfakes represents a new level of threat in cyber attacks.
Banking details of 30 million Santander customers exposed during breach allegedly up for sale on the dark web
The aftermath of a major data breach at Santander involves the alleged sale of customer and staff information, prompting the need for increased security measures within financial institutions.
Fidelity Investments data breach impacts more than 77,000 customers
Fidelity Investments experienced a data breach impacting over 77,000 customers due to security misconfigurations allowing unauthorized access to accounts.
Ransomware attacks on financial sector targeted in House bill
Legislation proposes enhanced coordination between public and private sectors to combat ransomware attacks in financial institutions.
Indian online ID verification firm Signzy confirms security incident | TechCrunch
Signzy confirmed a security incident involving a cyberattack that raised concerns over customers' data safety. CERT-In is involved in the oversight.
Mitigating fraud, theft and scam risks within financial institutions
Banks face multiple security risks that require diligent management and proactive measures against sophisticated fraud tactics.
Muslim charities face discrimination as Palestinians are desperate for aid
Financial institutions' de-risking practices disproportionately affect Muslim and immigrant businesses, limiting their access to critical banking services.
Tens of thousands of mortgage customers to be compensated after being overcharged interest on loans
Ulster Bank will notify customers regarding a mortgage system error that resulted in wrongful charges.
Debunking 'Dumb Customer' Myth: What's Wrong with Digital Banking UX
Complex digital banking interfaces cause user dissatisfaction; poor UX design often blamed for customer complaints.
'If banks are only investing in the experience layer but the foundational tech is archaic, we're going to have a hard time creating integrated experiences': U.S. Bank's Scott Beyer - Tearsheet
SMBs anticipate revenue growth, but face challenges like time constraints and supply chain issues. Financial institutions can help by enhancing technology and user experiences.
Debunking 'Dumb Customer' Myth: What's Wrong with Digital Banking UX
Complex digital banking interfaces cause user dissatisfaction; poor UX design often blamed for customer complaints.
'If banks are only investing in the experience layer but the foundational tech is archaic, we're going to have a hard time creating integrated experiences': U.S. Bank's Scott Beyer - Tearsheet
SMBs anticipate revenue growth, but face challenges like time constraints and supply chain issues. Financial institutions can help by enhancing technology and user experiences.
Financial institutions are increasingly investing in and developing their own stablecoins, showing a significant shift towards integrating crypto into traditional finance.
Developer security best practices for FinServ
Financial institutions must balance innovation with stringent security to safeguard sensitive data.
Inside 8 innovative technology projects on Wall Street, from Blackstone to Goldman Sachs
Generative AI and data initiatives are key to innovation and risk assessment in financial institutions.
The big boys want in on crypto, too
Financial institutions are increasingly investing in and developing their own stablecoins, showing a significant shift towards integrating crypto into traditional finance.
Developer security best practices for FinServ
Financial institutions must balance innovation with stringent security to safeguard sensitive data.
Inside 8 innovative technology projects on Wall Street, from Blackstone to Goldman Sachs
Generative AI and data initiatives are key to innovation and risk assessment in financial institutions.
Cardholders are expecting more from their digital banking. What will it take us to get there?: 5 questions with Mastercard's Melanie Fuller - Tearsheet
Financial institutions must adapt creatively to evolving online customer expectations and improve digital banking experiences, especially in post-purchase workflows.
These are the best CD rates in Florida today
Rising interest rates are beneficial for savers, especially when using certificates of deposit (CDs) to maximize earnings.
Cash-loving Swiss reluctantly move toward a cashless future as instant payments launch
Switzerland's instant payment system launch will significantly enhance cashless transactions across the country.
77% of Consumers Expect Banks to Use AI to Fight Fraud
AI plays a crucial role in enhancing security and efficiency of real-time payments.
Moving beyond 'receive only': What banks can do today to embrace real time payments - Tearsheet
Financial institutions face challenges in implementing real-time transactions due to core system limitations and lack of overarching strategy.
Balance between speed in instant payments and robust security measures is crucial for banks, along with factors like fraud prevention for consumer/business adoption.
77% of Consumers Expect Banks to Use AI to Fight Fraud
AI plays a crucial role in enhancing security and efficiency of real-time payments.
Moving beyond 'receive only': What banks can do today to embrace real time payments - Tearsheet
Financial institutions face challenges in implementing real-time transactions due to core system limitations and lack of overarching strategy.
Balance between speed in instant payments and robust security measures is crucial for banks, along with factors like fraud prevention for consumer/business adoption.
Silicon Valley is investing trillions in AI with uncertain profitability.
White House Pushes Tech Industry to Shut Down Market for Sexually Abusive AI Deepfakes
President Biden's administration is urging tech and financial sectors to combat AI-generated abusive sexual images. Companies' voluntary cooperation is sought to address spread and monetization.
There's No Guarantee AI Will Ever Be Profitable
Silicon Valley is investing trillions in AI with uncertain profitability.
White House Pushes Tech Industry to Shut Down Market for Sexually Abusive AI Deepfakes
President Biden's administration is urging tech and financial sectors to combat AI-generated abusive sexual images. Companies' voluntary cooperation is sought to address spread and monetization.
Standard Chartered-Backed Zodia Custody Partners with Crypto Lending Firm Maple Finance
Zodia Custody partners with Maple Finance for secure collateral holding and crypto lending services.
Black Banx's commitment to green banking - London Business News | Londonlovesbusiness.com
Green banking focuses on integrating environmental and social considerations into banking operations for sustainability and responsible practices.
New SEC requirements give institutions 30 days to disclose security incidents
SEC mandates disclosure of security breaches by financial institutions within 30 days to protect customer data.
BBVA-Sabadell merger plans aided by ECB's policy of creating European champions
The ECB encourages bank consolidation to ensure the solvency of financial institutions.
Nigeria Directs Entities to Identify Those Dealing Crypto With Bybit, KuCoin, OKX and Binance
Nigeria's Central Bank directs financial institutions to identify and cease transactions with Bitmex, KuCoin, OKX, and Binance.
Ottawa to force banks to use carbon rebate label for direct deposits | CBC News
Canadian banks must identify carbon rebates accurately in deposits; government amending laws to enforce this.
U.S. investors successfully demand RBC change how it reports on green, fossil fuel investments | CBC News
RBC reverses decision on disclosing green energy vs. fossil fuel investments after pressure from public pension funds.
Financial giants in North America, including JPMorgan Chase and Citi, agree to disclose clean energy vs. fossil fuel investment ratios.
Crypto Market Setup Looks Positive for Second Quarter: Coinbase
Bitcoin halving in mid-April is a key supply-side event.
Institutional interest in crypto space is high according to Coinbase.
Approval of spot bitcoin ETFs by wirehouses may be imminent.
Some banks moving too slow to address AI-powered cyberthreats, Treasury says
Financial institutions slow to adopt AI-driven cybersecurity frameworks
AI chatbots enhancing cybercriminal capabilities
The Protocol: Is Ethereum's Dencun Update All It's Cracked Up To Be?
Ethereum's Dencun upgrade aims to reduce fees for users through 'proto-danksharding.'
Debates arise on potential fragmentation and competitive edge risks within Ethereum ecosystem.
Bitcoin Hits New Heights Between BlackRock Success and London Approval
Bitcoin's market value surpassing silver is a significant milestone.
Large financial institutions like BlackRock are increasingly investing in Bitcoin.
How Financial Services Firms Can Unleash The Power Of Generative AI
Financial firms focus on distinguishing fads from genuine value-adding innovation like generative AI.
Generative AI is rapidly evolving, attracting significant investments from tech giants like Microsoft and Meta.
London Stock Exchange To Accept Bitcoin Exchange Traded Note Applications
The London Stock Exchange (LSE) is accepting applications for Bitcoin exchange-traded notes (ETNs).
Bitcoin ETNs provide investors with regulated exposure to Bitcoin through traditional stock exchanges.
It's official: in-office workers aren't more productive
Some of the largest financial institutions are calling back their employees to the office, while others are adopting flexible working policies.
Remote working can increase employee happiness and productivity, but many financial institutions still insist on employees returning to the office.
Financial services should look to processor-level data protections, report suggests
Processors with security functions can help secure data during digital transformations for financial institutions.
Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg
DZ Bank is planning to launch a cryptocurrency trading pilot later this year
The offering will be for customers who can invest 'without advice'
ODSC's AI Weekly Recap: Week of May 31st
AI advancements in financial institutions and influence operations.
Variety of AI tools and platforms available for different applications.
A look at LoanSnap's troubles and which neobanks are having a moment | TechCrunch
LoanSnap faces financial troubles amid lawsuits and eviction, while neobanks like Nubank and Monzo see positive growth and milestones in the fintech sector.
Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity is Back Up
Allium Labs raised $16.5 million in Series A funding, led by Theory Ventures, will invest in data infrastructure and expanding services for financial institutions.