Wells Fargo CEO Charlie Scharf has been vocal about the need for clarity on capital requirements for big banks. His frustration stems from the lack of finalized regulations, which has left large banks uncertain about their future capital demands. This uncertainty is part of a broader narrative
The recent indictment of Leonardo Ayala, a former TD Bank employee in Florida, has unveiled a troubling scenario involving money laundering charges that could have significant repercussions. Ayala, who was employed at TD Bank's Doral, Florida branch from February to November 2023, faces serious
In the rapidly evolving landscape of cybersecurity, the integration of Artificial Intelligence (AI) has sparked a transformative shift, particularly in the realm of penetration testing. As cyber threats become increasingly sophisticated, the need for robust, proactive security measures has never
In the United States, the unfolding narrative of cannabis reform has been one of paradoxical developments. As various states move toward legalization, the discord between state and federal regulations becomes increasingly pronounced, bringing to light a critical issue—the dire need for the Secure
A recent ransomware attack has brought a significant part of India's banking sector to a standstill. Affecting over 300 banks, the attack targeted critical payment systems, causing massive disruptions in everyday banking functions and leaving millions of customers without access to essential
Guaranty Trust Bank (GTBank) of Nigeria has undertaken a significant step in modernizing its operations by adopting the Finacle core banking system supplied by Infosys. This move marks a comprehensive digital transformation aimed at enhancing operational efficiency and customer experience across
