Tag: Banks

Here you will find all the articles with the tag: Banks.

Cato Networks prepares for IPO in 2025

Cato Networks prepares for IPO in 2025

Cato Networks plans to go public no later than 2025. Plans are said to be currently being prepared in collaboration with three banks. Cato Networks is looking at options for an IPO with banks Goldman Sachs, JPMorgan Chase and Barclays. The company wants to complete these plans in 2025, or earli... Read more

date1 month ago
Silicon Valley Bank fiasco: US government comes to the rescue

Silicon Valley Bank fiasco: US government comes to the rescue

The US government is coming to the aid of customers of Silicon Valley Bank, guaranteeing their funds deposited with the bank. With this, the US government is trying to limit the potential damage from the failure of the bank, which is very important to the tech sector. Last Friday, the US Treasur... Read more

date1 year ago
EU banks face stricter regulations on cloud computing usage

EU banks face stricter regulations on cloud computing usage

Financial firms in the European Union will have to demonstrate how quickly they can recover from a cyberattack as dependence increases on cloud giants like Amazon, Microsoft, Google, and IBM, the EU said on Monday. Regulators are concerned about the extent to which banks, insurers, and financial... Read more

date1 year ago
European Central Bank to launch a digital euro prototype

European Central Bank to launch a digital euro prototype

The European Central Bank, Amazon and four other companies are ready to develop a prototype of the digital euro. The European Central Bank has selected five companies to assist in the testing of the future digital euro project. The conglomeration of banks -- including Nexi, Italy's EPI, France's... Read more

date2 years ago
‘Digital bank heists on the rise’

‘Digital bank heists on the rise’

Banks are attacked by insider traders, supply chains remain vulnerable and counter incident response is on the rise. A new report by VMware sheds light on cybersecurity in the financial sector. VMware surveyed more than 100 security decision-makers in financial institutions worldwide. Roughly ha... Read more

date2 years ago
Google survey shows banks reduce potential cloud computing risks

Google survey shows banks reduce potential cloud computing risks

Banks are doing what they can to reduce the risk of using cloud computing services, according to a survey by Google Cloud and Harris Poll. The Bank of England and the Bank of France have voiced concerns about the lack of transparency, citing that banks rely on a concentrated group of outside cloud ... Read more

date3 years ago
Salesforce adds new features to Financial Services Cloud

Salesforce adds new features to Financial Services Cloud

Applying for a mortgage can take an endless amount of time, partly because this process has not been streamlined. Salesforce wants to solve this problem with an update for its Financial Services Cloud, which is used by banks and other financial organisations. Anyone who has bought a house or app... Read more

date4 years ago