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BoE ends closed door policymaker briefings with banks
The Bank of England will no longer hold off-the-record briefings between policymakers and individual private sector firms. This is because of the scrutiny over the links...
G20 finance chiefs back tax deal
Finance leaders from the G20 major economies endorsed a global deal to revamp corporate taxation. They pledged to sustain fiscal support for their economies....
Cloud migration demands greater security for banks
Financial gain is the primary driver for most cyber crime. Banks no longer solely exist as physical fortresses. They have also become online services...
BoE says that new rules needed to cover risks from cloud computing
New rules will be needed to deal with operational risks from banks relying on outsourced ‘cloud’ computing from Amazon, Google, Microsoft etc., The Bank...
Amazon’s Twitch blames configuration error for data breach
Twitch is a live streaming e-sports platform, which is owned by Amazon. They recently blamed “an error” in server configuration change, and added that...
Breaking
Crypto and Banks Intensify Senate Lobbying Ahead of Key Clarity Act Vote
The battle over major cryptocurrency legislation in the United...
Hefei’s Rapid Industrial Growth Highlights China’s Economic Imbalance
Hefei has emerged as one of China’s leading centres...
Qualcomm and Amazon Forge Major AI Chip Partnership, Including $4 Billion Stock Warrant
Qualcomm has entered into a long-term partnership with Amazon...
RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High
The Reserve Bank of India (RBI) absorbed more than...


