Risk Management

Why Did Bench Go Bankrupt Despite Millions in Investments?
Trends & Future Why Did Bench Go Bankrupt Despite Millions in Investments?

Bench, the accounting startup founded in 2012, which had managed to secure a remarkable $113 million in investments from prominent backers such as Shopify and Bain Capital Ventures, surprisingly declared bankruptcy despite holding $2.8 million in cash. The apparent inability to manage their

Is a Rewarding Career in Banking Right for You?
Capital, Risk & Assets Is a Rewarding Career in Banking Right for You?

A career in banking is multifaceted, offering lucrative, stable, and promising opportunities across different functions such as customer service, operations, investment banking, risk management, and financial analysis. The banking industry plays a pivotal role in the economy, ensuring the smooth

Open Banking: Revolutionizing Payment Systems for Security and Efficiency
Trends & Future Open Banking: Revolutionizing Payment Systems for Security and Efficiency

Open Banking, introduced in the UK in 2018 as part of the implementation of the Second Payment Services Directive (PSD2), has brought about a significant transformation in the financial landscape. This innovative approach addresses the longstanding inefficiencies in traditional payment systems,

Can Quantum Computing Revolutionize the Future of Fintech?
Trends & Future Can Quantum Computing Revolutionize the Future of Fintech?

Quantum computing is on the brink of revolutionizing various sectors, with financial technology (fintech) being one of the most promising areas of impact. This emerging technology leverages principles from quantum mechanics to solve complex problems and process massive amounts of data more

SRA Issues Guidance to Law Firms on Preventing Sham Litigation
Regulatory & Compliance SRA Issues Guidance to Law Firms on Preventing Sham Litigation

The Solicitors Regulation Authority (SRA) has recently issued crucial guidance urging law firms to take robust measures to protect themselves from sham litigation, a deceptive scheme used by criminals to bypass anti-money laundering (AML) regulations. Sham litigation involves fabricating legal

Adyen Uplift Uses AI to Boost Conversions and Reduce Payment Costs
Digital & Technology Adyen Uplift Uses AI to Boost Conversions and Reduce Payment Costs

In today's fast-paced digital marketplace, balancing operational costs, customer conversion rates, and fraud prevention measures poses a significant challenge for many businesses. Adyen, a global payment company, has introduced a game-changing solution known as Adyen Uplift. This AI-powered tool

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