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The AWS Health Dashboard is the single place to learn about the availability and operations of AWS services. You can view the overall status of AWS services, and you can sign in to view personalized communications about your particular AWS account or organization. Your account view provides deeper visibility into resource issues, upcoming changes,...
09 September 2022 /cloud Fintech World
Cryptocurrencies experienced a brutal loss this year, diminishing by $2 trillion in value since the height of a massive rally in 2021. The value of the top 100 cryptocurrencies on September 5, 2022, is lower than it was nine months earlier. The last similar period of major losses happened between 2017 and 2018, which was largely caused by the abun...
06 September 2022 /payments /crypto Business
Stemming the tide of money laundering might feel like an impossible task for law enforcement agencies when you consider just how pervasive it is. The UN estimates that between $800billion and $2trillion – the equivalent of 2-5 per cent of the world's GDP – is laundered through worldwide networks. These are the proceeds from serious organised crime...
06 September 2022 /crime Artificial Intelligence and Financial Services
Background In recent years, the Financial Services Industry has gone through a rapid and significant digital transformation journey. The need for digital technology experiences is gaining momentum in the superannuation industry and innovation is going to play a significant role in accelerating the creation of new digital superannuation products fo...
06 September 2022 /wealth /predictions Innovation in Financial Services
Introduction Data is the new buzzword. And Data Quality is on every conversation chart of organizations who are struggling with a humongous amount of data and are at a loss on how to manage it. While organizations generate and have access to tons of data, both internally and externally, few have truly managed to understand how to leverage the data ...
05 September 2022 Analytics in Banking
Legal experts have shown considerable uncertainty around the details of UK Government’s recommended amendments to data security law and the Data Protection and Digital Information bill (Data Reform Bill). They maintain that it could potentially result in the termination of well-run data flows with EU countries. The long-anticipated Data Reform B...
01 September 2022 /regulation
Retail banks have been making a push into digital services in recent years (albeit at varying speeds), but the pandemic supercharged this process. It became essential for digital interaction points like banking apps to be as seamless and comprehensive as possible as it became harder to access local bank branches. Bank customers very quickly became...
31 August 2022 /retail /predictions
Ransomware attacks against financial services organisations continue to pose a perpetual threat, with IT teams in the sector struggling to keep pace with ever-increasing cybersecurity needs. In the last year ransomware attacks surged 105%; whilst according to Veritas data, almost half (48%) of financial service security teams believe that data sec...
23 August 2022 /security /cloud Data Management and Governance
While I fully believe that employees should have flexible access to their own salary, I do question whether it’s morally right to charge them for the privilege. It is clear the cost-of-living crisis is prompting greater questioning of the standard model, leading to many employers to consider dropping the concept of a monthly paycheque. They are ado...
22 August 2022 /payments
The crypto industry has been subject to a great deal of criticism because of security issues. Hacks, fraud, and other types of activities have caused millions of dollars worth of cryptocurrency to end up in the pockets of criminals. Yet, in reality, many crypto hacks happened not because of blockchains’ failure but due to users’ poor security meas...
18 August 2022 /payments /crypto Business
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