Canada’s biggest banks join boycott of Facebook platforms
TORONTO: Canada’s biggest lenders confirmed they had joined a widespread boycott of Facebook Inc begun by US civil rights groups seeking to pressure…
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Banks
Eight major Canadian banks join Facebook ad boycott
MONTREAL – Eight major Canadian banks said they would heed a call by other major global advertisers to boycott Facebook, demanding the social network do more…
Banks asked to postpone the transition to Russian softwareuntil 2023
According to the conclusion of the National Financial Market Council (Rosfinsovet), the transition of financial institution owners to Russian software from…
Digital banks will spur financial innovation but limited threat to banks
KUALA LUMPUR: While digital banks are disruptors relative to traditional banks and will intensify competition, their impact will be limited in the next…
Russian banks revealed new types of fraud
Stanislav Kuznetsov, Deputy Chairman of the Board of the Bank, said that fake Internet recruiting agencies that offer employment have become more active. An…
Facebook launches new feature to help local businesses, NGOs & blood…
Facebook has added a new feature to its Coronavirus community Help Hub to assist local businesses, blood banks and non-profit organizations.Facebook, on…
Malaysia e-KYC for banks is Coming Soon
MALAYSIA will soon allow e-KYC (electronic Know Your Customer) for banks as financial institutions delve deeper into digital banking and look to onboard…
Rationalised requirements for digital banks’ foundation phase
In early March, Bank Negara Malaysia (BNM) issued an updated Exposure Draft for Licensing Framework of Digital Banks. In this updated version, the regulatory…
Security Experts Say Hackers Can Hack Russian Banks In 5 Days
Experts from the information security company Positive Technologies came to the conclusion that hackers will need only five days on average to hack a large…
Grab chasing South-east Asian wealth clients ‘unhappy’ with banks
SINGAPORE – Grab Holdings is looking to broaden its financial product offerings for the South-east Asian wealth market, where it plans to fill a gap left by…