#financial-institutions

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#user-experience

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.
moreuser-experience
#digital-transformation

Case Study: How innovative startups outsmart partnership hurdles, and the role consultants play in their success - Tearsheet

Partnerships between financial institutions and startups are crucial for growth but require careful navigation of potential pitfalls.

How an Automation Platform Can Help Banks Streamline Digital Customer Journeys - SPONSOR CONTENT FROM NEWGEN

Banks need to prioritize digital onboarding for seamless customer experience.
Automating and integrating operations is crucial for transforming complex lending and trade finance processes.

Case Study: How innovative startups outsmart partnership hurdles, and the role consultants play in their success - Tearsheet

Partnerships between financial institutions and startups are crucial for growth but require careful navigation of potential pitfalls.

How an Automation Platform Can Help Banks Streamline Digital Customer Journeys - SPONSOR CONTENT FROM NEWGEN

Banks need to prioritize digital onboarding for seamless customer experience.
Automating and integrating operations is crucial for transforming complex lending and trade finance processes.
moredigital-transformation
#banking-regulations

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.

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.

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.

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.
morebanking-regulations

OpenAI plans to offer its 250 million ChaptGPT users even more services

OpenAI's user growth is impressive, with 250 million active weekly users, mostly from consumer subscriptions.
#market-trends

Gold Just Hit Its Highest Price Ever. It Might Not Stop.

Gold has re-emerged as a significant investment and cultural symbol, attracting both seasoned and new investors in the U.S.

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.

Bitcoin Record High Would've Happened Without ETFs, Just Much Later

Bitcoin hit new all-time high thanks to spot bitcoin ETFs
Experts believe ETFs accelerated Bitcoin's rally

Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains

Bitcoin price reaches $67,000, experiencing positive movement after weeks of stagnation.

Gold Just Hit Its Highest Price Ever. It Might Not Stop.

Gold has re-emerged as a significant investment and cultural symbol, attracting both seasoned and new investors in the U.S.

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.

Bitcoin Record High Would've Happened Without ETFs, Just Much Later

Bitcoin hit new all-time high thanks to spot bitcoin ETFs
Experts believe ETFs accelerated Bitcoin's rally

Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains

Bitcoin price reaches $67,000, experiencing positive movement after weeks of stagnation.
moremarket-trends

Building for SMBs means building for communities feat. Mastercard - Tearsheet

Access to credit is critical for the growth of small and medium-sized businesses (SMBs) which account for significant portions of employment and GDP.

Israel attacks branches of Hezbollah-linked finance group in Lebanon

Israel is expanding its air strikes in Lebanon targeting financial institutions linked to Hezbollah.
#investment

Spot Ethereum ETFs Set to Launch in US on July 23

The SEC has approved spot Ethereum ETFs to trade in the US from July 23, 2024, attracting significant financial institutions and market interest.

Why Crypto Idealogues Won't Touch Bitcoin ETFs

US regulators have approved the launch of spot bitcoin exchange-traded funds (ETFs), allowing people to invest in bitcoin through a brokerage.
The approval of ETFs is seen as a victory by bitcoin investors, but it goes against the original vision of bitcoin as a decentralized currency not controlled by financial institutions.
Investors in spot bitcoin ETFs will not actually own or possess bitcoin; they will only hold representations of it.

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, despite significant challenges, remains a dominant institution but faces hurdles from regulations and market conditions.

Possibly the two best bank stocks to buy in 2024 - London Business News | Londonlovesbusiness.com

Investing in banking stocks is favorable for the second half of the year.

Bitcoin ETFs Have Arrived. Here's Who Stands to Get Rich

The US has approved spot bitcoin ETFs, allowing investors to track the price of bitcoin through their brokerage.
BlackRock and Fidelity, among other financial institutions, have been given permission to launch these ETFs.

Spot Ethereum ETFs Set to Launch in US on July 23

The SEC has approved spot Ethereum ETFs to trade in the US from July 23, 2024, attracting significant financial institutions and market interest.

Why Crypto Idealogues Won't Touch Bitcoin ETFs

US regulators have approved the launch of spot bitcoin exchange-traded funds (ETFs), allowing people to invest in bitcoin through a brokerage.
The approval of ETFs is seen as a victory by bitcoin investors, but it goes against the original vision of bitcoin as a decentralized currency not controlled by financial institutions.
Investors in spot bitcoin ETFs will not actually own or possess bitcoin; they will only hold representations of it.

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, despite significant challenges, remains a dominant institution but faces hurdles from regulations and market conditions.

Possibly the two best bank stocks to buy in 2024 - London Business News | Londonlovesbusiness.com

Investing in banking stocks is favorable for the second half of the year.

Bitcoin ETFs Have Arrived. Here's Who Stands to Get Rich

The US has approved spot bitcoin ETFs, allowing investors to track the price of bitcoin through their brokerage.
BlackRock and Fidelity, among other financial institutions, have been given permission to launch these ETFs.
moreinvestment
#innovation

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.

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.
moreinnovation
#data-breach

Data breach of Fidelity leaks 77,000 customers' personal data

Another significant data breach occurred at Fidelity Investments, impacting thousands of customers' personal data.

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.

AlphV/BlackCat claims credit for loanDepot cyberattack

Ransomware gang AlphV/BlackCat claimed responsibility for cyberattacks on loanDepot and other financial firms.
LoanDepot experienced a cyberattack compromising sensitive personal information of 16.6 million individuals.

JPMorgan Fixes Security Flaw, Affects 450K Retirement Plans | Entrepreneur

JPMorgan fixed a software issue that allowed unauthorized access to retirement plan records.

Data breach of Fidelity leaks 77,000 customers' personal data

Another significant data breach occurred at Fidelity Investments, impacting thousands of customers' personal data.

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.

AlphV/BlackCat claims credit for loanDepot cyberattack

Ransomware gang AlphV/BlackCat claimed responsibility for cyberattacks on loanDepot and other financial firms.
LoanDepot experienced a cyberattack compromising sensitive personal information of 16.6 million individuals.

JPMorgan Fixes Security Flaw, Affects 450K Retirement Plans | Entrepreneur

JPMorgan fixed a software issue that allowed unauthorized access to retirement plan records.
moredata-breach

Commvault and Pure Storage collaborate on meeting DORA requirements

Commvault and Pure Storage enable EU financial institutions to comply with DORA through integrated data protection and recovery solutions.

'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.

How to serve SMBs that are short on time and long on problems feat. Mark Valentino, Head of Business Banking, Citizens - Tearsheet

SMBs demand distinct banking services beyond personal accounts, urging banks to innovate.
Listening to client feedback is crucial for banks to tailor solutions for SMBs.

Creators need more than views-they need better financial tools - Tearsheet

Traditional banks are missing opportunities in the creator economy due to their lack of understanding.
Creators' diverse income streams make traditional banking products inadequate for their needs.
#bitcoin

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.

NIKOLAUS: Business Insider Says Trump And Harris Both Courting The Bitcoin Vote, But Reality Says Otherwise

Bitcoin is gaining traction among mainstream financial institutions, potentially influencing U.S. presidential candidates' focus on the crypto community.

President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House

The Executive Office of President Biden opposes legislation allowing financial firms to act as cryptocurrencies custodians, protecting SEC's work and investors.

Bitcoin price hits record $69K after SEC approvals fueled $7B in investments

Bitcoin's price hit a record high above $69,000, attributed to the approval of spot-bitcoin ETFs by the SEC.
Traditional financial institutions like BlackRock and Fidelity are now major players in the crypto bull market.

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.

NIKOLAUS: Business Insider Says Trump And Harris Both Courting The Bitcoin Vote, But Reality Says Otherwise

Bitcoin is gaining traction among mainstream financial institutions, potentially influencing U.S. presidential candidates' focus on the crypto community.

President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House

The Executive Office of President Biden opposes legislation allowing financial firms to act as cryptocurrencies custodians, protecting SEC's work and investors.

Bitcoin price hits record $69K after SEC approvals fueled $7B in investments

Bitcoin's price hit a record high above $69,000, attributed to the approval of spot-bitcoin ETFs by the SEC.
Traditional financial institutions like BlackRock and Fidelity are now major players in the crypto bull market.
morebitcoin

Homeowners will no longer need to do stress test when switching mortgage providers | CBC News

OSFI will no longer require uninsured mortgage borrowers to undergo a stress test when switching providers.
#pci-dss-40

A strategic approach to meeting the newest PCI requirements in a cloud-driven world

Organizations need to streamline compliance processes due to the complex challenges posed by PCI DSS 4.0 and increased reliance on cloud computing.

A strategic approach to meeting the newest PCI requirements in a cloud-driven world

The shift to cloud computing complicates PCI compliance for organizations.
PCI DSS 4.0 requires more streamlined and effective compliance strategies.
Remote work increases complexities in IT environments.

A strategic approach to meeting the newest PCI requirements in a cloud-driven world

Organizations need to streamline compliance processes due to the complex challenges posed by PCI DSS 4.0 and increased reliance on cloud computing.

A strategic approach to meeting the newest PCI requirements in a cloud-driven world

The shift to cloud computing complicates PCI compliance for organizations.
PCI DSS 4.0 requires more streamlined and effective compliance strategies.
Remote work increases complexities in IT environments.
morepci-dss-40
#ai

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.

French firm Dotfile secures 6M - Silicon Canals

Dotfile has raised €6M for expanding its operations and R&D, aiming to transform compliance in financial institutions through AI.

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.

French firm Dotfile secures 6M - Silicon Canals

Dotfile has raised €6M for expanding its operations and R&D, aiming to transform compliance in financial institutions through AI.
moreai

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.
#blockchain-technology

The way financial institutions affect the crypto market - London Business News | Londonlovesbusiness.com

The involvement of financial institutions is reshaping the cryptocurrency market, increasing stability and enhancing credibility.

BlackRock, Ondo, Superstate: The Biggest Movers in the RWA Sector in Q1

RWAs are traditional financial assets tokenized for DeFi, enabling broader liquidity and innovative products.

The way financial institutions affect the crypto market - London Business News | Londonlovesbusiness.com

The involvement of financial institutions is reshaping the cryptocurrency market, increasing stability and enhancing credibility.

BlackRock, Ondo, Superstate: The Biggest Movers in the RWA Sector in Q1

RWAs are traditional financial assets tokenized for DeFi, enabling broader liquidity and innovative products.
moreblockchain-technology
#security-measures

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.
moresecurity-measures

The Dark Side of Digital Currency: Money Laundering on the Dark Web | HackerNoon

The Dark Web facilitates money laundering using cryptocurrencies, posing challenges for law enforcement and financial institutions.

Fed Alert: If Rates Come Down, These Are 3 Stocks Are Going to Soar

Investors may consider interest rate-sensitive stocks in anticipation of potential rate cuts and economic conditions improvement.
#cybersecurity

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.

Affirm tells SEC customer data stolen in Evolve breach

The number of financial institutions affected by the Evolve Bank & Trust breach is increasing, impacting companies like Wise and Affirm.

Treasury group unveils guidance for financial sector on cloud adoption

Secure cloud adoption guidance released for financial institutions, emphasizing collaboration and cybersecurity readiness.

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.

Affirm tells SEC customer data stolen in Evolve breach

The number of financial institutions affected by the Evolve Bank & Trust breach is increasing, impacting companies like Wise and Affirm.

Treasury group unveils guidance for financial sector on cloud adoption

Secure cloud adoption guidance released for financial institutions, emphasizing collaboration and cybersecurity readiness.
morecybersecurity

How to Implement Real-Time Credit Card Fraud Detection With Apache Flink on AWS | HackerNoon

Real-time fraud detection using Apache Flink on AWS is crucial for financial institutions to prevent credit card fraud efficiently.
#data-breaches

API and data security remain top threats

Financial institutions face challenges in compliance and understanding API activity, making them vulnerable to threats and breaches.

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.

API and data security remain top threats

Financial institutions face challenges in compliance and understanding API activity, making them vulnerable to threats and breaches.

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.
moredata-breaches

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

AI and blockchain-focused funds are trending due to lower fees and rising popularity
The approval of Bitcoin and Ether ETFs has led to significant capital inflows
Investors should focus on due diligence when investing in AI and blockchain funds
#bitcoin-etfs

Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC

Morgan Stanley financial advisers can offer bitcoin ETFs to wealthy clients, responding to client demand.

What Happens if Bitcoin Reaches an All-Time High?

Spot bitcoin ETFs attracting billions in net inflows from reputable financial institutions like BlackRock and Fidelity.
Crypto lending sector evolving with programs like Securitize's offering over-collateralized loans and tokenized funds.

Bitcoin ETFs: What to Expect on Day One

Spot bitcoin ETFs have been approved in the US and will debut on US markets run by NYSE, Cboe Global Markets, and Nasdaq.
The ETFs will allow retail customers to gain exposure to bitcoin's price and let traditional financial institutions invest without going through crypto exchanges.

$1.5 Trillion Wall Street Giant Morgan Stanley Buys Bitcoin ETF Exposure

Major US financial institutions significantly investing in Bitcoin via spot ETFs, led by firms like Morgan Stanley with $269.9 million in GBTC.

Wells Fargo, America's Third Largest Bank, Owns Spot Bitcoin ETFs: SEC Filing

Wells Fargo disclosed exposure to spot Bitcoin ETFs, indicating institutional interest in Bitcoin market.

Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC

Morgan Stanley financial advisers can offer bitcoin ETFs to wealthy clients, responding to client demand.

What Happens if Bitcoin Reaches an All-Time High?

Spot bitcoin ETFs attracting billions in net inflows from reputable financial institutions like BlackRock and Fidelity.
Crypto lending sector evolving with programs like Securitize's offering over-collateralized loans and tokenized funds.

Bitcoin ETFs: What to Expect on Day One

Spot bitcoin ETFs have been approved in the US and will debut on US markets run by NYSE, Cboe Global Markets, and Nasdaq.
The ETFs will allow retail customers to gain exposure to bitcoin's price and let traditional financial institutions invest without going through crypto exchanges.

$1.5 Trillion Wall Street Giant Morgan Stanley Buys Bitcoin ETF Exposure

Major US financial institutions significantly investing in Bitcoin via spot ETFs, led by firms like Morgan Stanley with $269.9 million in GBTC.

Wells Fargo, America's Third Largest Bank, Owns Spot Bitcoin ETFs: SEC Filing

Wells Fargo disclosed exposure to spot Bitcoin ETFs, indicating institutional interest in Bitcoin market.
morebitcoin-etfs

China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned

Trade payments between Russia and China face significant delays and bouncebacks, impacting Russian businesses.
#tech-industry

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.

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.
moretech-industry

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.

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
#cryptocurrency

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.

Ben Franklin's Laser Eyes Suggest a Tough - and Quirky - Battle for Bitcoin ETFs

Companies issuing bitcoin ETFs are finding creative ways to distinguish themselves from competitors
Laser eyes and embracing crypto culture are some of the strategies being used

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.

Ben Franklin's Laser Eyes Suggest a Tough - and Quirky - Battle for Bitcoin ETFs

Companies issuing bitcoin ETFs are finding creative ways to distinguish themselves from competitors
Laser eyes and embracing crypto culture are some of the strategies being used
morecryptocurrency

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.
#cryptocurrency-trading

Standard Chartered Is Building a Spot BTC, ETH Trading Desk: Bloomberg

Standard Chartered to enter spot cryptocurrency trading.

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'

Standard Chartered Is Building a Spot BTC, ETH Trading Desk: Bloomberg

Standard Chartered to enter spot cryptocurrency trading.

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'
morecryptocurrency-trading

ETF Euphoria Shows Bitcoin Needs Wall Street After All

The SEC has approved the first spot Bitcoin ETF in the US.
The crypto industry sees the ETF as necessary for mainstream adoption despite contradicting Bitcoin's original goal.

Op-ed: Fixes for Chicago's affordable housing crisis go beyond money

Financial institutions can help close the housing gap by making housing and community development grants available to low- and moderate-income homebuyers.
Equitable housing goes beyond purchasing a house, it also requires investments in local economies and small businesses.

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.

Financial media network ad spend will more than quadruple over the next 2 years

US financial media network spending set to reach $1.50 billion in 2026, driven by the rise of FMNs and first-party data utilization.

Why Better GenAI-Driven Real Estate Decisions Stem from Better Data Sets - SPONSOR CONTENT FROM JLL

GenAI brings competitive edge to finance, next frontier in CRE sector.

Madison Simm joins Change Lending as CFO

Madison Simm appointed as Change Lending's new CFO with extensive financial services experience.

McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption 'Still Far Away'

Tokenization adoption will happen in waves, led by assets like mutual funds, bonds, loans, as financial institutions embrace blockchain technology at a slower pace.

Crypto Custody Firm Fireblocks Adds 'One-Click' Audits, Tax Reporting

Fireblocks customers can easily generate audit-ready reports for digital assets through Tres integration, simplifying complex crypto and on-chain assets.

Apple Ends Buy Now, Pay Later Less Than A Year After Launch | Entrepreneur

Apple discontinued the Apple Pay Later program, replacing it with installment loans through various financial institutions.
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