The PPP Lending AI solution is designed for lending institutions that have been overwhelmed by loan applications from small businesses seeking COVID-19 pandemic relief. …read more Source:: Open Source S
Tag: banks
ANZ banks on agile workforce to emerge out of COVID-19 ‘even stronger’
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•The blue bank’s profit drops 51% to AU$1.5 billion. …read more Source:: Open Source S
ACCC says major banks pulling CDR resources as a result of COVID-19
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•Despite this, it is continuing to push forward with work on the mandate. …read more Source:: Open Source S
Major HSM vulnerabilities impact banks, cloud providers, governments
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•Researchers disclose major vulnerabilities in HSMs (Hardware Security Modules). …read more Source:: Open Source S
IBM Australia banks healthy profit bump for 2018
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•Net profit for Big Blue’s Australian arm almost tripled, while the amount of income tax paid sextupled. …read more Source:: Open Source S
Banks praised for their internal cyber defence capabilities
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•With concerns over where the responsibility of attribution should lie. …read more Source:: Open Source S
DBS banks on data to know what customers want before they themselves know
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•DBS Bank is hoping to be more pre-emptive in meeting its customers’ needs, as the Singapore bank focuses its attention on building a data platform and beefing up its …read more Source:: Open Source S
Eastern European banks lose tens of millions of dollars in Hollywood-style hacks
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•Cybercriminals leave laptops, Raspberry Pi boards, and USB thumb drives connected to banks IT networks. …read more Source:: Open Source S
Russian banks hit by major phishing attacks from two hacker groups
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•The Silence and MoneyTaker hacking crews have been targeting Russian financial institutions. …read more Source:: Open Source S
Wells Fargo: Banks entering a legal quagmire in the name of technology
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•Wells Fargo’s Financial Institutions Group Head of Compliance and Operational Risk is cognisant of the need to adopt machine learning and artificial intelligence, but she said the law isn’t exactly …read more Source:: Open Source S