Treasurers trim cash allocations to banks: AFP survey
CFO Dive
JUNE 23, 2023
This year big companies cut back their bank deposits and allocated more of their short-term cash to government security-backed funds.
#202 – Security Standards Are Shifting: A Series on Cyber Security (TD Bank & Bottomline)
Strategic Treasurer
MAY 23, 2022
Security Standards Are Shifting: A Series on Cyber Security. In this episode, Host Craig Jeffery sits down with Jonathan Doskocil of TD Bank and Christopher Gerda of Bottomline Technologies for the second conversation in this series concerning cyber security. Speaker: Jonathan Doskocil, TD Bank. Episode 202.
Securities 
52
52 Join 68,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Bank Single Gateway for efficient connectivity
Simply Treasury
AUGUST 3, 2022
Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. A “Bank Single Gateway” is no longer a "plus", but a "must" that every fund servicer or fund should have.
Banking 147
147 
Ex-CFO of email security firm pleads guilty in $50M fraud scheme
CFO Dive
JANUARY 13, 2023
The former CFO of GigaTrust faces a maximum sentence of five years in prison for his role in a conspiracy to defraud investors and lenders, including by fabricating bank statements.
CFO 259
259 
Adani Green Secures $400 million from international banks for 750 MW power projects
CFO News
MAY 2, 2024
AGEL secured $400 million financing for 750 MW solar projects in Rajasthan and Gujarat, with projects having SECI PPA and merchant power setup. Lenders consortium aids AGEL's growth plans and capital management for sustainable debt structure.
Securities 40
40 
Synchrony Bank Lands CFPB OK For Dual Secured, Unsecured Credit Cards
PYMNTS
DECEMBER 31, 2020
Synchrony Bank will be able to offer a combination secured/unsecured credit card under a Consumer Financial Protection Bureau order posted Wednesday (Dec. Synchrony Bank is a wholly-owned by Synchrony Financial Inc.
Securities 98
98 
Spreedly Adds Banking Exec As Chief Information Security Officer
PYMNTS
AUGUST 11, 2020
Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.
Securities 88
88 
Zopa Secures UK Banking License
PYMNTS
JUNE 24, 2020
Zopa , the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial Times reported. “We million) to become a challenger bank. In December, PYMNTS reported Zopa expected to receive £130 million ($1.67 based fund, and its U.K.
Banking 86
86 
Treasury Inflation-Protected Securities: What Investors Should Know About TIPS
CFO News Room
FEBRUARY 6, 2022
TIPS have suddenly moved to center stage for investors, as the surge in inflation has drawn new interest in Treasury inflation-protected securities. But how much do investors really know about these securities, other than their alluring name? And those results don’t account for changes in the securities’ market price.
Treasury 130
130 
Survey Shows Non-Bank Financial Institutions Prioritizing Security, Compliance, Efficiency
Strategic Treasurer
MAY 12, 2022
Survey Shows Non-Bank Financial Institutions Prioritizing Security, Compliance, Efficiency. AI and ML Investments Expected to Grow, Supporting Security and Fraud Prevention. Atlanta, GA] May 12, 2022 — Today, Strategic Treasurer and Kyriba release the results of the Non-Banking Financial Institution (NBFI) Survey.
How Open Banking Will Test Banks’ Data Security Strategies
PYMNTS
NOVEMBER 2, 2018
Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of data between customer accounts and third parties. and multinational banks.
Securities 77
77 
How PSD2 And Open Banking Impact Security
PYMNTS
OCTOBER 29, 2018
As a result of the passage and adoption of open banking regulations, like PSD2 in Europe, banks and other financial firms are sharing data more freely than ever before. Adapting To Open Banking . Adapting To Open Banking . Protecting APIs.
Securities 76
76 
Bank failure panic fuels moment of opportunity for threat actors
CFO Dive
MARCH 14, 2023
As regulators step in to operate Silicon Valley Bank, threat hunters and security executives warned organizations to look out for malicious activity, highlighting finance employees as especially vulnerable.
Banking 130
130 
#211 – Synthetic Identities and a CISO View: A Series on Cyber Security (TD Bank & Exabeam)
Strategic Treasurer
JULY 25, 2022
Synthetic Identities and a CISO View: A Series on Cyber Security. In this podcast, Craig Jeffery of Strategic Treasurer talks with Jonathan Doskocil of TD Bank and Tyler Farrar of Exabeam on the importance of identity verification, education, and detecting compromised credentials. Speaker: Jonathan Doskocil, TD Bank.
Securities 52
52 
IndusInd promoter company to raise stake in bank to 26%
CFO News
MAY 5, 2024
IIHL has already received RBI nod to raise its state in IndusInd Bank to 26%. The investment arm also plans to grow life and non-life businesses, start its health insurance operations and will retain Reliance Securities and ARC businesses.
Banking 52
52 
#249 – Fraud in a Changing Treasury Landscape Episode 1: Are You Implementing Thoughtful Security?
Strategic Treasurer
APRIL 17, 2023
Episode 249 Fraud in a Changing Treasury Landscape Episode 1: Are You Implementing Thoughtful Security? Explore All Episodes Related Resources Treasury Fraud & Controls Report This research discovered how your fraud experiences and security practices has changed. Has your security framework been strengthened?
Treasury 88
88 
Why Bank Security Is About More Than Preventing Attacks
PYMNTS
OCTOBER 12, 2018
The world can be a scary place these days, especially for banks. banks, and these attacks are increasing in both frequency and sophistication. Two-thirds of banks and 83 percent of FIs have experimented with the technology already. According to recently released reports , fraudsters are continuously targeting big U.S.
Securities 76
76 
The Security Threat Of Bank-FinTech Collaboration
PYMNTS
DECEMBER 5, 2018
This is particularly true as open banking initiatives encourage bank collaboration with third-party FinTech firms and facilitate the movement of data between platforms. With the threat of third-party cyber risks rising, the financial services (FinServ) industry is especially prone to hacks that can ripple through supply chains.
Securities 76
76 
Chinese securities regulator stops brokerages from opening overseas accounts
Future CFO
OCTOBER 17, 2023
The China Securities Regulatory Commission (CSRC) ordered domestic brokerages’ overseas units to stop opening new stock accounts for onshore investors to stem capital outflows that have pushed the yuan to a 16-year low. The post Chinese securities regulator stops brokerages from opening overseas accounts appeared first on FutureCFO.
Securities 52
52 
Chinese cyberspace regulator proposes cross-border data security reviews relaxation
Future CFO
OCTOBER 1, 2023
A majority of business and personal activity involving sending Chinese data abroad will no longer need to go under a security assessment, according to the latest proposed regulation of the Cyberspace Administration of China. Security checks will also no longer be required for personal data exports pertaining to health and security.
Securities 52
52 
World Bank chief Ajay Banga wants focus on climate, food security, pandemics
CFO News
JULY 16, 2023
Banga, 63, who took over as World Bank president on June 2, called for bolstering private sector flows and detailed the plans for the Private Sector Investment Lab launched last month.
Securities 52
52 
Three Years On, Open Banking Broadens For Business Banking
PYMNTS
JANUARY 26, 2021
marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking customers’ bank account data for integration with third-party solution providers. where there is no open banking regulatory mandate. HashCash Brings Blockchain Tech To Unnamed Bank.
Banking 142
142 
Banks Turn To 3D Secure 2.0 To Fight Fraud
PYMNTS
OCTOBER 15, 2018
Recent reports indicate an uptick in fraudsters targeting large FIs, and headlines surrounding security breaches and cyberattacks fill the news on a near-daily basis. According to the International Monetary Fund, banks and FIs could lose as much as $100 billion to cybercrime every year. The evolution of payment protection.
Securities 66
66 
How Radius Bank Is Tapping Mobile, Digital Card Issuance To Keep Debit Transactions Secure
PYMNTS
JANUARY 20, 2021
The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. Bad actors have moved to take advantage of the rush to digital payments — particularly those made with debit cards — leaving banks and financial institutions (FIs) racing to keep them off their platforms.
Securities 52
52 
Breach of Trust: Decoding the Banking Crisis
Musings on Markets
MAY 5, 2023
In March 2023, the fall of Silicon Valley Bank shocked investors not only because it was unforeseen, but also because of the speed with which it unfolded. That failure has had a domino effect, with Signature Bank falling soon after, followed by Credit Suisse in April 2023 and by First Republic last week.
Banking 76
76 
Remote Onboarding Boom Being Secured By Multifactor Authentication
PYMNTS
NOVEMBER 27, 2020
Remote onboarding has overtaken (some might say overwhelmed) banks and merchants all year long as a deluge of faceless applicants opened accounts and cards. Per the November Tracker , “Many banks, utility companies and government agencies have been leveraging two-factor authentication (2FA) for several years. Phone Call For You.
Securities 107
107 
Payments Providers Combat The Conflict Between Security, User Experience
PYMNTS
JANUARY 14, 2020
In financial services, demand for ease of use and security are sky-high, even for business customers. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena.
Securities 101
101 
NEW REPORT: Is Security Holding Omnichannel Banking Back?
PYMNTS
SEPTEMBER 12, 2018
Omni Security and Authentication. Consumers expect to do business with their bank online seamlessly, without the hassle of complicated security checks, whether through their mobile phone, smart watch, home speaker or other connected device. Around The Security And Authentication Space.
Securities 55
55 
The Evolution Of Digital Banking Security
PYMNTS
MARCH 13, 2019
Digital banking customers are looking for an institution that can keep their data safe, with security mishaps creating the possibility that they can move to other apps. 90 percent: The portion of consumers whose top online activity is personal banking. In addition, Stitch Fix Inc. 60 percent: The share of U.S.
Securities 51
51 
Bitcoin Daily: SEC Alleges John McAfee Fraudulently Promoted ICOs; Bank of Canada: CBDC Would Present Security Risks; Fraudsters Capitalize On Crypto’s Finality
PYMNTS
OCTOBER 5, 2020
Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,
Securities 81
81 
Deep Dive: How FIs Can Keep Their Digital-First Innovations Secure
PYMNTS
JANUARY 27, 2021
The banking industry faces many day-to-day business challenges, including competition with digitally native FinTechs and the ubiquitous social distancing restrictions brought on by the pandemic. The Fraud Threats Facing Digital-First Banks. Bot activity is the third major threat banks faced in 2020.
Securities 85
85 
TRENDING: Why Preventing Bank Cyberattacks Is Only Half The Omni Security Battle
PYMNTS
OCTOBER 11, 2018
Cyberattacks on banks have become seemingly inevitable, with banks and financial institutions (FIs) at risk of losing as much as $100 billion to online fraud every year. Around The Security And Authentication Space. Big banks have been especially vulnerable to cyberattacks as of late, according to one recent report.
Securities 69
69 
Banks Boost Security Of SWIFT Networks
PYMNTS
SEPTEMBER 30, 2016
Global banks using SWIFT networks, the global interbank messaging system used to move trillions of dollars each day, are stepping up their security systems amid the rising threat of cyberattacks. It’s believed that some banks will also seek out alternative technologies for moving money, such as blockchain-based systems.
Securities 67
67 
MonetaGo, GUUD Team On Secure Transactions
PYMNTS
DECEMBER 6, 2020
MonetaGo , which specializes in blockchain technologies, and GUUD Company , which focuses on making international trade smooth, have teamed up on international financial transaction security, MonetaGo announced in a press release. Both companies are based in Singapore. Going paperless has to happen.”.
Securities 82
82 
#213 – CFO Dialog on Assessing and Securing the Environment
Strategic Treasurer
AUGUST 8, 2022
CFO Dialog on Assessing and Securing the Environment: A Series on Cyber Security. Joining Craig Jeffery on this podcast are Adrienne Terpak of TD Bank and Robert Dennerlein of Mainetti. Speaker: Adrienne Terpak, TD Bank. There are two types of companies, those who have been attacked, and those who will be attacked.
Securities 52
52 
Delivering A Secure Seamless Banking Experience In The Age Of COVID-19
PYMNTS
MAY 1, 2020
It has always been important for CUs to understand members’ banking habits and adapt to their needs, but doing so has become all the more imperative during the ongoing COVID-19 pandemic. Many CUs are doubling down on their efforts to digitize their services in a secure manner. ” Adapting To Changes.
Securities 63
63 
Bank failure risks: Are APAC banks resilient ?
Future CFO
MARCH 23, 2023
While CFOs are mitigating bank failure risks, businesses are worried about a spillover to Asia Pacific. According to Fitch , APAC banks are resilient to the recent bank failure risks. Quality of deposits The quality and persistence of deposits is an important credit consideration for bank credit ratings, according to Fitch.
Banking 52
52 
SC rejects pleas seeking review of its judgment considering tax authorities as secured creditors
CFO News
OCTOBER 31, 2023
India's top court has rejected pleas which sought a review of its earlier judgment in which it said that statutory creditors like tax authorities would be considered secured creditors. This is a set back to lenders like State Bank of India and Indian Overseas Bank. The judgment ranks crown debts at par with workmen dues.
Securities 52
52 
Entersekt, Netcetera Team Up On eCommerce Payment Security
PYMNTS
JANUARY 22, 2020
The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks. The authentication solution lets consumers approve eCommerce payments by using their mobile bank apps.
Securities 85
85 
SC rejects pleas seeking review of its judgment considering tax authorities as secured creditors
CFO News
OCTOBER 30, 2023
India's top court has rejected pleas which sought a review of its earlier judgment in which it said that statutory creditors like tax authorities would be considered secured creditors. This is a set back to lenders like State Bank of India and Indian Overseas Bank. The judgment ranks crown debts at par with workmen dues.
Securities 52
52 
US Bank On Improving B2B Payments Via Open Banking
PYMNTS
JULY 2, 2020
The banks and payments providers that process these transactions often have difficulty interfacing with incompatible systems, slowing down the payments process and leaving the businesses involved to figure out how to make ends meet. The APIs that facilitate these transactions also provide superior payment security.
B2B 109
109 
Reserve Bank of India slaps Rs 5.39 crore penalty on Paytm Payments Bank
CFO News
OCTOBER 12, 2023
The Reserve Bank of India (RBI) has imposed a penalty of Rs 5.39 crore on Paytm Payments Bank for failing to comply with regulatory guidelines. The bank was found to have violated licensing guidelines, delayed reporting of cybersecurity incidents, and failed to secure mobile banking applications.
Banking 52
52 
Security Demands Spur Virtual Debit Card Adoption
PYMNTS
NOVEMBER 27, 2020
Businesses are also examining virtual card options that can allow employees to make company payments securely and conveniently during the pandemic. Firms are also prioritizing security as they transact online more heavily as well. Virtual Cards To Bring Greater Security To Transactions. Read that story in the Tracker.
Securities 78
78 
Kotak Securities was ordered by NCDRC to refund Rs 5.67 lakh lost in F&O trading to NRI after 13 years of long fight
CFO News
MARCH 7, 2024
Kotak Securities: A retired non-resident Indian (NRI) in Kochi, Kerala won a consumer case against Kotak Securities, a subsidiary of Kotak Mahindra Bank after a 13 year long fight. It was being alleged that Kotak Securities' representatives traded in future and options (F&O) without authorisation of the NRI individual.
Securities 52
52 
Let's personalize your content