Risk Management

Synapse Bankruptcy Unveils Flaws in Fintech and Traditional Bank Ties
Regulatory & Compliance Synapse Bankruptcy Unveils Flaws in Fintech and Traditional Bank Ties

The collapse of fintech upstart Synapse has sent ripples through the banking world, highlighting significant issues in the partnerships between fintech firms and traditional Financial Deposit Insurance Corporation-backed lenders. This article delves into the details of Synapse's downfall and

How Does the Treasury Prime-FS Vector Partnership Enhance Compliance?
Regulatory & Compliance How Does the Treasury Prime-FS Vector Partnership Enhance Compliance?

How Does the Treasury Prime-FS Vector Partnership Enhance Compliance? The expansion of the Treasury Prime Partner Marketplace to include FS Vector’s compliance training platform Headmaster is a significant development in the financial services sector. This collaboration underscores the growing need

Banks Accused of Greenwashing Amid Amazon Finance Deals
Capital, Risk & Assets Banks Accused of Greenwashing Amid Amazon Finance Deals

A stirring controversy has emerged within the corridors of global finance, where environmental integrity confronts corporate prerogatives, pitting the future of the Amazon rainforest against the strategic imperatives of some of the world's most prominent banks. Stand.earth and the Coordinating

How Did ShinyHunters Breach Santander Bank's Data Security?
Digital & Technology How Did ShinyHunters Breach Santander Bank's Data Security?

In an era where digital footprints are broader than ever, modern businesses face the monumental task of protecting vast amounts of sensitive data from ever-evolving cyber threats. At the forefront of such threats are hacker groups like ShinyHunters, notorious for their massive breaches of data

How Crucial is KYB for Banking and FinTech Compliance?
Digital & Technology How Crucial is KYB for Banking and FinTech Compliance?

The financial world is increasingly propelled by the need for security and trust. In the engines of finance, compliance holds the gears together, ensuring everything runs smoothly and safely. A pivotal part of this compliance mechanism is Know Your Business (KYB), a process designed to vet and

Fostering Collaboration: The Key to Banking Innovation and Growth
Capital, Risk & Assets Fostering Collaboration: The Key to Banking Innovation and Growth

Banks today are navigating a labyrinth of ever-evolving challenges. From the relentless pace of technology to the changing tides of customer expectations and the rigorous nature of financial regulations, the banking sector is in constant flux. In this dynamic arena, the concept of going it alone is

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