Singapore Considers Caning as Scams Jump 70%
How bad has Singapore’s scamming problem gotten? Authorities are considering corporal punishment for offenders.
“We believe in caning as a strong deterrent,” Loretta Yuen, chair of the fraud com...
Banks Want SEC to Rescind Cyberattack Disclosure Requirements
American banking groups want the Securities and Exchange Commission (SEC) to revoke its cybersecurity incident disclosure requirements.
These groups, led by the American Bankers Association (ABA), w...
Open Banking Transactions Dwarfed by Card Payments in UK
Has open banking lived up to its potential in Great Britain?
So far, not really, the Financial Times (FT) argued in a report Monday (May 26).
The report noted that opening banking has seen success in ...