By Ben Stickland, Hive Member at CovertSwarm The Digital Operations Resilience Act, or DORA for short, is a new EU regulation aimed at improving the cyber resiliency of EU-based financial institutions. The…
Tag: Institutions
Top Institutions Point to Blockchain Interoperability as Critical to Asset Tokenization
New York, NY, June 6th, 2024, FinanceWire Citi, Deutsche Bank, Mastercard, Northern Trust and Centrifuge provide insights on paths to secure, multichain asset tokenization for report produced by Axelar Foundation and…
Why financial institutions need to set KPIs for effective AML
AML is weak if banks lack measures for success. They need to set KPIs By Gabriella Bussien, CEO at tech-first financial crime prevention organisation Trapets, a Nordic market leader that has been…
ESG data keeps on evolving, but are financial institutions keeping pace?
By Yann Bloch, head of product and pre-sales Americas at NeoXam Earlier this month, Bloomberg published their much-anticipated annual European ESG Data Trends Survey report, carrying with it some fascinating findings on…
Fraud Against Financial Institutions Calls for Tighter Security Measures Protecting Customers in 2024
In January 2024, Citigroup was sued for its weak security measures against fraud. In the civil complaint, it was alleged that the financial institution did nothing to protect their customers and further…
Leading a different kind of charge: Financial Institutions as climate change activists
Steve Croke, Chief Technology Officer for Financial Services at GlobalLogic, explains how the financial sector has the potential to be an essential vehicle for the net zero journey Climate change affects the…