In today's digital landscape, the extensive utilization of cookies and other tracking technologies by companies and their myriad partners plays a crucial role in enhancing the user experience on websites. These technologies, which involve storing and accessing information on user devices,
A groundbreaking law set to take effect on July 1 in Florida prohibits federal and state depository institutions from denying services to individuals based on their religion, political beliefs, or activities. Signed into law by Governor Ron DeSantis in May, HB 989 extends protections already in
Open AI has the potential to significantly transform the financial sector, particularly in compliance and risk management. Kinil Doshi, with two decades of experience in banking compliance and risk management, offers insightful perspectives on how Open AI technologies can revolutionize these
Citigroup Inc. and its subsidiary Citibank, N.A. have faced significant financial penalties from U.S. federal banking regulators due to recurring failings in risk management, internal controls, and data governance. The fines, imposed by the Federal Reserve and the Office of the Comptroller of the
Online banking fraud is a growing concern globally, and Malaysia is no exception. As the digital landscape continues to expand, so do the risks associated with financial transactions conducted online. In response, Bank Negara Malaysia (BNM) and financial institutions have implemented several
Directive (EU) 2024/1654, recently adopted by the European Union, marks a significant step in enhancing cross-border law enforcement access to centralized bank account registries. By amending Directive (EU) 2019/1153, it aims to streamline the process of investigating illicit financial activities
