A significant data breach has rocked Western Alliance Bank, affecting approximately 22,000 of its customers due to a vulnerability within a third-party vendor’s file transfer software. Sensitive personal information such as customer names, Social Security numbers, dates of birth, financial account d
The financial industry is continually evolving, and decentralized finance (DeFi) is at the forefront of this transformation. Leveraging blockchain technology, DeFi is redefining traditional financial services with innovative models that promise greater accessibility, efficiency, and transparency.
In an era of digital transformation, businesses are in constant search for solutions that enhance operational efficiency and safeguard data security. DNB Financial Group has made a significant stride in this direction by launching an innovative AI-powered enterprise software. This groundbreaking
Digital payments and financial technology (fintech) are proving instrumental in fostering a sustainable future. The integration of eco-friendly solutions within financial services is increasingly seen as a priority, with the sector harnessing technology to mitigate its environmental impact. This
As the UK rapidly progresses towards a cashless society, the shift towards digital transactions brings both convenience and substantial risk. The ubiquity of digital payments has revolutionized the banking landscape, but it has also introduced new vulnerabilities, particularly in the form of cyber
The fintech landscape is rapidly evolving, and Synctera is making significant strides to stay ahead by securing $15 million in its latest funding round. This recent financial injection brings the company's total investment to $94 million, showcasing a robust vote of confidence from investors
