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Tag: Financialsector

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  • Financialsector
G7 Strengthens Financial Sector Resilience with Cross-Border Cyber Exercise
  • Government
  • News

G7 Strengthens Financial Sector Resilience with Cross-Border Cyber Exercise

  • May 2, 2024
  • 0

The G7 Cyber Expert Group (CEG) successfully completed a cross-border coordination exercise on April 17th, 2024, simulating a large-scale cyberattack on financial institutions across all […]

BoE and FCA Collaborate for Transforming Data Collection in UK Finance
  • News

BoE and FCA Collaborate for Transforming Data Collection in UK Finance

  • April 1, 2024
  • 0

The ever-evolving financial landscape demands efficient and clear regulatory data collection. Recognizing this need, the Bank of England (BoE) and the Financial Conduct Authority (FCA) […]

Capital One Takes Aim at Payments Giants with $35.3 Billion Discover Acquisition
  • Banking
  • News

Capital One Takes Aim at Payments Giants with $35.3 Billion Discover Acquisition

  • February 21, 2024
  • 0

In a move expected to shake up the payments landscape, Warren Buffett-backed Capital One announced a $35.3 billion all-stock acquisition of fellow U.S. credit card […]

December 2023 SESFOD Survey: Credit and Market Trends
  • Government
  • News

December 2023 SESFOD Survey: Credit and Market Trends

  • February 5, 2024
  • 0

The European Central Bank (ECB) released the findings of the December 2023 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives […]

OSFI Unveils Guidelines to Safeguard Canadian Banks Against Foreign Interference and Security Risks
  • Government
  • News

OSFI Unveils Guidelines to Safeguard Canadian Banks Against Foreign Interference and Security Risks

  • February 1, 2024
  • 0

In a proactive move to fortify the nation’s financial sector, Canada’s banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has released final […]

HSBC Charts Course for Climate Action with Inaugural Net Zero Transition Plan
  • Banking
  • News

HSBC Charts Course for Climate Action with Inaugural Net Zero Transition Plan

  • January 29, 2024
  • 0

In a pivotal move towards its long-term climate commitments, HSBC unveiled its first Net Zero Transition Plan this week. This comprehensive document details the global […]

Royal Bank of Canada (RBC) Gains Approval for HSBC Bank Canada Acquisition
  • News

Royal Bank of Canada (RBC) Gains Approval for HSBC Bank Canada Acquisition

  • January 5, 2024
  • 0

In a significant development, the federal Minister of Finance has given the green light for Royal Bank of Canada (RBC) to proceed with the acquisition […]

Nathanaël Benjamin Appointed as Executive Director at Bank of England 
  • Digital Transformation
  • Government
  • News

Nathanaël Benjamin Appointed as Executive Director at Bank of England 

  • November 9, 2023
  • 0

London, UK – November 7, 2023 – In a significant development, the Court of the Bank of England has appointed Nathanaël Benjamin as the new […]

Banking

  • Elavon and WooCommerce Expand Payment Partnership to North America, Empowering SMB Growth

    Elavon, a global payments leader, and WooCommerce, the open-source ecommerce platform powering over 4.5 million online stores, have announced the expansion of their strategic partnership […]

  • Towpath CU Partners with Alkami for Full Digital Banking Overhaul

    Towpath Credit Union has partnered with Alkami to implement a full-scale digital transformation, adopting the Alkami Digital Banking Platform across its core banking, loan origination, […]

  • Brim Financial Appoints Canada’s Former Open Banking Head as Chief Regulatory Officer

    Toronto-based FinTech firm Brim Financial has appointed Abraham Tachjian, the former head of Canada’s open banking initiative, as its Chief Regulatory Affairs Officer, further reinforcing […]

  • Caseway Becomes First Canadian AI Firm Integrated into Major U.S. LegalTech Platform

    Vancouver-based Caseway has made history as the first Canadian AI company to be embedded into a major U.S. legaltech platform, following a landmark integration agreement […]

  •  AFC CEO Warns Against Data Access Barriers, Calls for Open Banking Integrity 

    Washington, D.C. – July 2025 – Phil Goldfeder, CEO of the American Fintech Council (AFC), has issued a strong statement condemning emerging efforts to restrict […]

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