Here you will find all the articles with the tag: Banking.
First Citizens Bank will acquire the Silicon Valley Bank and get control of $56 billion in deposits and $72 billion in loans. This week the US's Federal Deposit Insurance Corporation (FDIC) announced that First-Citizens Bank and Trust Co. will buy Silicon Valley Bank, the tech industry-focused ... Read more
1 year ago
Europe's central bank is reacting to a jump in cyber threats since the start of the Ukraine war Following a sharp rise in cyberattacks, the European Central Bank plans to test the cyber resilience of the euro zone's top banks, Reuters reports. ECB supervisory chief Andrea Enria told a Lithuan... Read more
1 year ago
UK authorities fined British lender TSB £49 million (€56 million) for a botched IT platform upgrade that shut millions of clients out of bank accounts in 2018. According to the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), the IT update "immediately experienced ... Read more
1 year ago
Deloitte and AWS will jointly develop cloud-based banking services. The partners want to help financial organizations introduce digital banking tools and modernize fintech solutions. As part of the partnership, Deloitte is bringing its ConvergePROSPERITY BankingSuite platform to AWS' public clou... Read more
1 year ago
The company has signed new deals with both a startup and an established banking institution. Oracle FS has landed new-name deals for its Flexcube core banking system in Portugal and Nigeria., according to reporting in FinTech Futures. Flexcube "solves the challenges faced by financial instit... Read more
2 years ago
The resulting Internet outages have paralyzed outsourced tech operations in banking, insurance and financial services. The Russian invasion of Ukraine has put the outsourcing of tech services from that country at risk, according to a report in he Wall Street Journal. Tech outsourcing in Ukraine ... Read more
2 years ago
The innovation would allow banks to remove limits on contactless payments. This week Paris-based Thales announced the launch of a new payment card that includes an onboard fingerprint sensor. The innovation promises to deliver improved security and usability as well as an end to contactless paym... Read more
3 years ago
Bitdefender published a new report that says the stay-at-home model of working, online shopping, and online banking are perfect hunting grounds for criminals. Recently, they have started spoofing banking emails more, hoping to defraud customers. More than a third of all incoming emails related t... Read more
3 years ago
The source code for the banking malware Cerberus is now available for free on underground forums. The full source code for the Cerberus banking malware has been released online, according to cybersecurity company Kaspersky. Cerberus, a sort of Trojan virus, was originally tracked in the summ... Read more
4 years ago
