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Unlocking The Potential of AI In The FX/CFD Trading Sector
The world of FX/CFD trading has long been marked by its inherent risks and high levels of market volatility. However, recent times have witnessed the emergence of artificial intelligence (AI) as a potent tool for both retail investors and...
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Singapore Banks Ramp Up Security To Combat Malware Scams
The Association of Banks in Singapore (ABS) made a significant announcement today, highlighting the proactive steps taken by major retail banks in Singapore to bolster their security measures. The primary aim of these measures is to shield customers from...
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FCA Warns The Public To Beware of The Financial Scammers
The UK's financial watchdog has issued a warning about a growing number of fraudsters who are posing as the regulatory authority. According to the Financial Conduct Authority (FCA), these impostors have the intention of convincing individuals to surrender money...
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Data Breach Defense Strategies For Financial Organizations
The IBM Cost of a Data Breach Report for 2023 reveals some alarming trends. Firstly, the global average cost of a data breach this year stands at a staggering $4.45 million, marking a significant 15% increase compared to 2020....
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Poorly Deployed Bank Chatbots Can Hamper User Trust – CFPB
The Consumer Financial Protection Bureau- CFPB has gone on to warn that the financial institutions that deploy chatbots poorly will go on to retard consumer interaction and thereby stand as a barrier when it comes to resolving problems, as...
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CBE From Egypt And Jordan Come Together For Fintech Collab
The Central Bank of Egypt has gone on to sign an appendix to the MoU with its Jordanian counterpart. Apparently, the MoU pertains to the banking supervision field between the two parties, which has existed since 2004. The new...
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Toughened Stance To Purify Crypto Market-UK Finance Watchdog
On March 8, 2023, Britain's financial watchdog said that stringent rules were needed to purify crypto in order to eliminate conflict of interest, safeguard the assets of the customer, and quicken radical changes in the business model.
The new chair,...
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