Illustration: James Marshall; Getty Images The collapse of crypto-friendly Silvergate and Signature Bank has left the industry scrambling to find anyone willing to work with them. When Citibank locked trading platform Swan Bitcoin out of its corporate bank account in October, it did so without warning or explanation. The only confirmation of what had happened […]
Creator: TYRONE SIU | Credit: REUTERS Credit Suisse violated a 2014 plea deal with U.S. authorities by continuing to help ultra-wealthy U.S. citizens evade taxes and conceal more than USD 700 million from the government, the U.S. Senate Finance Committee found on Wednesday. After the necessity of UBS UBSG.S’s last-minute rescue of Switzerland’s second-largest bank, Credit Suisse CSGN.S, the […]
Illustration by Fernando Capeto for Forbes; Photos by Malerapaso/Getty Images; Pete Starman/Getty Images Just before sunset on a chilly Spring day in 2019 armed German special agents broke down the door to the Frankfurt home of a 22-year-old hacker who the government has only identified as Coder420, the developer of a dark web exchange called […]
Using an ATM isn’t risk-free, but there’s a lot of security already. milicad/shutterstock.com Editor’s note: Automated teller machines, better known as ATMs, are turning 50 on June 27. Computer science professor Pradeep Atrey, from the University at Albany, State University of New York, explains the security features and concerns of modern cash machines. 1. How […]
Financial wellness at a personal level..Cognizant Plenty of banks offer financial wellness tools. But by personalizing these offerings, they can support customers while also reinvigorating their brand, notes Andrew Warren, a leader in Cognizant’s UK & Ireland Banking and Financial Services practice. With the explosion of digital banking during the pandemic, financial institutions (FIs) have their sights […]