In the wake of increasing wire fraud incidents, financial institutions are under pressure to heighten their defenses. Thanks to US Senators Sherrod Brown and Jack Reed, this issue has gained pivotal attention, triggering a need for banks to enhance security and ensure the financial safety of their
The RegTech market is experiencing a surge as companies seek to meet complex regulatory demands more efficiently. A study by HTF Market Intelligence highlights the sector's accelerated growth momentum, predicting a dynamic increase and consistent compound annual growth rate (CAGR) into 2030.
AI and Job Dynamics: Threat or Opportunity? The integration of Artificial Intelligence (AI) in various industries has sparked intricate discussions on employment dynamics. Some view AI as a threat to jobs due to potential automation, while others anticipate a surge in job creation spurred by
With the rise of data-driven marketing, it's critical that Marketing Technology (Martech) firms adhere to stringent data protection regulations such as the GDPR. Here's how companies in the Martech sphere can ensure they're compliant while leveraging data effectively. Data Assessment
UniCredit, Italy's leading bank, has faced tough sanctions from the Italian Data Protection Authority (Garante) due to a data breach in 2018 that left customer information vulnerable. The bank has been fined €2.8 million for failing to uphold the strict data security standards mandated by the G
Open banking is set to revolutionize the financial landscape in Canada, with the government pledging to roll it out by 2025. This innovative system will empower consumers by giving them greater control over their financial data. It promises to enhance the ease with which Canadians can manage their
