In fact, we recently observed a 667% spike in coronavirus-related spear-phishing attacks from February compared to March, during the start of the UK’s lockdown.
Klarna nearly doubled its prior valuation in the new $650 million round, led by Silver Lake Partners, from $5.5 billion to $10.6 billion.
In response, the FATF Report Virtual Assets - Red Flag Indiciators of Money Laundering and Terrorist Financing will help national authorities detect whether virtual assets are being used for criminal activity.
COVID-19 is Redefining the Tech Investment Roadmap, Source: Wealth Management Technology Forecast 2020-2023, Celent, August 2020
The term “open banking” does little to promote the benefits of an open ecosystem for banking customers; after all, customers should not only be able to access all their accounts via a single application, but also use third-party services.
As part of its entree into digital banking, Credit Suisse said it will close 25 percent of its branches in a cost-cutting move while at the same time working to bring younger customers into its network.