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
Bermuda, an established offshore financial center, is renowned for its political, economic, and social stability, which has allowed it to operate under a sophisticated banking sector. Known for its resilience and adaptability, Bermuda's banking industry successfully weathered the 2008 global
In an era where data breaches are becoming increasingly common, the recent incident at Bank of America Corp (NYSE:BAC) might raise alarms for both customers and the financial industry. The breach was first reported on December 30 and was due to the improper handling of confidential documents by a
With enforcement actions, consent orders, and written agreements reaching unprecedented levels, banks are increasingly in search of swift solutions to regain normalcy. Enforcement actions bear the potential to hinder a bank's growth, product launches, or acquisitions. For instance, one bank
