Institutional investors have been demonstrating a growing fascination with NVIDIA Co. (NASDAQ: NVDA), as evidenced by an array of recent transactions and filings. This mounting interest signifies a deeper confidence in the semiconductor company's financial robustness and its promising future
As Cyber Monday approaches, retailers worldwide are bracing for the surge of online transactions and the accompanying increase in cyber threats. The State of Ransomware in Retail 2024 report by Sophos revealed an alarming statistic: nearly 80% of retail organizations experienced ransomware attacks
The relationship between major financial institutions, known as Big Banks, and the Trump administration has been notably favorable. This article explores the reasons behind the banking sector's affection for Trump and discusses the potential benefits for investors in this sector. The author, with
In a move significant for the financial sector, the European Data Protection Board (EDPB) issued an opinion on October 7, 2024, aimed at guiding data controllers on their reliance on processors and subprocessors under the General Data Protection Regulation (GDPR). The guidance underscores two
The landscape of banking is undergoing a significant transformation, driven by the need to meet modern consumer expectations for convenience, personalization, and security. Financial institutions, including banks and credit unions, are increasingly adopting advanced technologies to enhance customer
Deutsche Bank's recent revision of ratings on key cybersecurity stocks has stirred significant interest, with some companies seeing their prospects brightened while others face increased scrutiny. SentinelOne, a prominent player in the field, experienced an encouraging upgrade from Hold to Buy.
In a nation grappling with the complexities of cannabis legalization, the Secure And Fair Enforcement (SAFER) Banking Act represents a crucial step forward. This legislation addresses a persistent challenge facing cannabis businesses: access to banking services. Currently, the federal illegality of
In recent years, embedded finance has surged as a pivotal force in the financial services world, intersecting seamlessly with the burgeoning realm of open banking. By embedding financial services into non-financial platforms, these innovations enhance both consumer and business experiences. This
As the 2023 U.S. presidential election approaches, major financial institutions such as Citibank and JPMorgan Chase are closely monitoring potential market shifts that may arise from the election results and strategizing to manage the anticipated volatility. Scott Chronert, a U.S. equity strategist
In a move that aims to bolster the security of electronic payments and transfers, Credit Europe Bank has implemented the Confirmation of Payee Service known as SANB (Serviciul Afișare Nume Beneficiar). The new feature enhances transaction security in lei via the bank's Internet and Mobile Banking
