Risk Management

Are Bank of America's Data Security Measures Failing Customers?
Digital & Technology Are Bank of America's Data Security Measures Failing Customers?

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

Is AI the Key Driver of Future Economic Growth and Competitiveness?
Trends & Future Is AI the Key Driver of Future Economic Growth and Competitiveness?

Artificial intelligence (AI) has emerged as more than just a technological innovation; it is increasingly recognized as a critical economic driver and a vital determinant of future growth and competitiveness. As companies and countries race to integrate AI, its impact on various sectors and its

NBR Implements Advanced Customs Risk Management Regulations for 2025
Regulatory & Compliance NBR Implements Advanced Customs Risk Management Regulations for 2025

The National Board of Revenue (NBR) is set to transform customs operations with the release of the 'Customs Risk Management Regulations, 2025'. The regulation is a major leap forward in countering economic risks and curbing financial crimes like money laundering and terrorism financing.

Enhanced Cybersecurity Measures in Philippine Banks Through VAPT
Digital & Technology Enhanced Cybersecurity Measures in Philippine Banks Through VAPT

The financial sector in the Philippines is undergoing a digital revolution, with an unprecedented surge in digital transactions. This transformation, while bringing numerous benefits such as convenience and efficiency, also introduces significant cybersecurity challenges. As more consumers embrace

Is Your Healthcare Payment System Meeting Today's Patient Expectations?
Digital & Technology Is Your Healthcare Payment System Meeting Today's Patient Expectations?

As the digital age reshapes consumer expectations, healthcare providers face increasing pressure to deliver seamless payment experiences comparable to those in the retail industry. Patients today demand flexibility, security, and convenience when managing their healthcare bills, expecting

How Does the Forest-Summitas Partnership Improve Wealth Management?
Trends & Future How Does the Forest-Summitas Partnership Improve Wealth Management?

High-net-worth individuals and their advisors face the persistent challenge of managing complex financial portfolios while ensuring the security of sensitive information. To address these needs comprehensively, Forest Systems and Summitas have formed a strategic partnership aimed at enhancing

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