XBANKING, a leading innovator in the cryptocurrency staking sector, is proud to announce the launch of its groundbreaking restaking protocol, designed to enhance passive income opportunities for cryptocurrency investors significantly.

Hear from Crypto Vets

Panel brings decades of banking industry expertise to support the Fund's mission to help close the racial wealth gap

Designed for movie lovers worldwide, TunesBank iMovieTool supports 9 VIP video streaming services platform that supports service for Netflix, Amazon, Disney+, Apple TV+, YouTube, HBO, Facebook, Twitter/X and Hulu videos.

A mechanical antique metal bank purchased at this year's Ponchatoula, LA's annual Antique day sheds new questions on the origins and story of the world's most expensive work of art, the "Salvator Mundi" painting presumed to be by Leonardo Da Vinci.

Despite some optimism that the US truck freight market would begin to recover from continued downward pressure during Q3 2024, U.S. Bank freight metrics showed challenges remain for motor carriers with shipments and spending softer in Q3. Shipments were off 21.2 per cent YoY, one of the largest drops. The bank’s national shipments index fell by 1.9 per cent in Q3 after a 2.2-per cent drop in Q2.

Many small-to-midsize banks and financial institutions are still running on-premise Microsoft Exchange email servers, whether in their own walls, or in the walls of their technology service provider. Microsoft recently announced that multiple hacking groups were targeting Microsoft Exchange servers in coordinated attacks, which could cause a damaging data breach for these organizations. With all...

The post Data Security for Banks and Financial Institutions: Top 4 Myths About Moving to the Cloud appeared first on Anders CPA.

"Work Comp Matters" - the central location for all your workers' compensation, employment and labor law matters. Steve Appell hosts this weekly podcast from sunny southern California - presenting some…

Israel's far-right finance minister, Bezalel Smotrich, has ordered preparations for the annexation of settlements in the Israeli-occupied West Bank. President-elect Donald Trump's victory in the US election "brings an important opportunity for the State of Israel," Smotrich told the Knesset, or Israeli parliament.

ETSI standard to secure digital signatures solves issue for 4,000 banks

Sophia Antipolis, 17 March 2021

ETSI is pleased to unveil ETSI TS 119 182-1, a specification for digital signatures supported by PKI and public key certificates which authenticates the origin of transactions ensuring that the originator can be held accountable and access to sensitive resources can be controlled.

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Tenable®, Inc. the exposure management company, today announced that Bank of Yokohama, one of the largest of the major regional banks in Japan, has chosen Tenable Identity Exposure to protect its Active Directory and enhance the bank’s ability to protect its internal systems from cyber threats.

Bank of Yokohama, based in Kanagawa Prefecture and Tokyo Metropolitan, is committed to enhancing industry security standards. In 2023, it collaborated with 19 other regional banks to establish CMS-CSIRT, an organization providing mutual cybersecurity support. Unlike megabanks, regional banks often face resource and budget constraints, making such collaborative efforts crucial for implementing effective security programs.

As part of its objectives for FY 2023, the Bank of Yokohama wanted to improve Active Directory (AD) security as it’s the most crucial system in the bank’s intranet. Previously, the bank only applied security patches periodically without any tool or system to detect Active Directory misconfigurations or attacks. Given the evolving threat landscape and rise of attacks involving an identity breach, enhancing the security of Active Directory became a top priority.

“Attackers who have infiltrated an organization's internal system or who wield ransomware and other malware, almost always make a beeline for Active Directory,” said Mr. Akihiro Fushimi, Leader, Concordia Financial Group ICT Governance Department, Security Governance Section and Bank of Yokohama ICT Planning & Promotion Department, Security Governance Section. “They steal user account privileges and elevate them via Active Directory, to enable them to access important data. So, securing Active Directory was an area that we wanted to invest in.”

Bank of Yokohama already used Tenable Security Center for vulnerability management and trusted Tenable's reliability. Selecting Tenable Identity Exposure was an easy decision, with its fast, agentless feature ensuring a seamless deployment process.

The deployment of Tenable Identity Exposure provided the Bank of Yokohama with an in-depth view of its Active Directory. The bank can now accurately identify every AD account, including dormant accounts and machine identities, and understand the potential risks of exploitation by malicious actors due to the multi-functional capabilities of Active Directory. Tenable Identity Exposure detects many of the techniques used in cyber attacks to gain elevated privileges and enable lateral movement, including DCShadow, Brute Force, Password Spraying, Golden Ticket and more.

“Previously, we were under the impression that all we needed to do was to apply patches and manage accounts. Now, with the deployment of Tenable Identity Exposure, we are physically able to see the risk of exploitation. This, I believe, is the positive impact of deploying Tenable Identity Exposure. Its alert functions are comprehensive—it detects vulnerabilities as well as misconfigurations,” said Mr. Shinnosuke Shimada, Bank of Yokohama ICT Planning & Promotion Department, Security, Governance Section.

“Many organizations struggle to maintain proper Active Directory security as their domains grow more complex, often leaving flaws undetected until a major incident occurs. Given the high-profile attacks involving AD in recent years, it's crucial to prioritize AD security within the overall cybersecurity strategy,” said Naoya Kishima, Country Manager, Tenable Japan. “Bank of Yokohama recognizes this need, and we're pleased to support them in their security journey.”

About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for more than 44,000 customers around the globe. Learn more at tenable.com. 

Media contact
Tenable PR
tenablepr@tenable.com 

Event Begins: Wednesday, November 13, 2024 2:30pm
Location:
Organized By: University Career Center

Come join the Early Talent Team at M&T Bank for a fun and fast session to learn about what it's like to work at a Community Bank! We'll cover who we are as an organization as well as full time and internship opportunities we're currently hiring for. Come as youare! No pressure for video - join between classes or on a break! Don’t forget to follow us on Handshake as well!  Handshake - M&T Bank *Multiple sessions available to join throughout the fall semester!

Identifying proteomic risk factors for cancer using prospective and exome analyses of 1463 circulating proteins and risk of 19 cancers in the UK Biobank  Nature.com

CTA will be providing added capacity, so whether you plan to run or cheer on the runners, take a train or bus to avoid the headaches of traffic and parking near the route of the 2024 Bank of America Chicago Marathon and Abbott Health and Fitness Expo at McCormick Place. For details about marathon service, you can find it here on CTA’s dedicated Bank of America Chicago Marathon webpage.

Access to garages in alleys between W Ardmore and W Thorndale by the CTA tracks will be maintained during this work.

In the 1800s, populist president Andrew Jackson went head-to-head with the most powerful banker in America over who should control the country's money. This clash ended in disastrous results.

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Sam Bankman-Fried built a reputation as the one reliable crypto bro. But within the span of days, his empire came crashing down. What the rise and fall of crypto's 30-year-old elder statesman says about the story of crypto so far.

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Silicon Valley Bank was the 16th largest bank in America, the bank of choice for tech startups and big-name venture capitalists. Then, in the span of just a few days, it collapsed. Whispers that SVB might be in trouble spread like wildfire through group texts and Twitter posts. Depositors raced to empty their accounts, withdrawing $42 billion in a single day. Last Friday, after regulators declared that SVB had failed, the FDIC seized the bank.

As the dust settles on the biggest bank failure — and bank rescue — in recent memory, we're still figuring out what happened. But poor investment choices, weak regulation, and customer panic all played their parts. We'll look into the bank's collapse to understand what it can teach us about the business of banking itself.

This episode was produced by Willa Rubin, with help from Dave Blanchard. It was edited by Keith Romer, and engineered by Brian Jarboe. Fact-checking by Sierra Juarez. Our acting executive producer is Jess Jiang.

Music: "I Don't Do Gossip," "Groovy Little Penguins" and "Vision."

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Sometimes you hear these stories about an airplane that suddenly nosedives. Everyone onboard thinks this is it, and then the plane levels out and everything is fine. For about 72 hours, people and companies that had deposited millions of dollars at the Silicon Valley Bank — many of whom were in the tech industry — thought they had lost absolutely everything to a bank collapse.

Two weeks later, the situation at Silicon Valley Bank has leveled off. The FDIC seized the bank and eventually made all of its depositors whole. But to understand what that financial panic felt like, we retrace the Silicon Valley Bank run and eventual collapse. We hear from four people who were part of the bank run — when they realized early rumblings, what it felt like in the full stampede, what hard decisions they faced, and what the aftermath felt like. And along the way, we uncover the lessons you can only learn when you think the entire world is ending.

This episode was reported by Kenny Malone, produced by Alyssa Jeong Perry with help from Dave Blanchard, engineered by Brian Jarboe, fact-checked by Sierra Juarez, and edited by Jess Jiang.

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Earlier this month, we saw the largest bank collapse since the 2008 financial crisis. For many of us, seeing Silicon Valley Bank's meltdown brought us right back to that time 15 years ago, at the beginning of what would become the Great Recession.

In early 2009, one or two banks were failing every week. That's when Planet Money reporter Chana Joffe-Walt went inside one of those banks: the Bank of Clark County, in Washington State. Her reporting on the inner workings of a bank collapse and government takeover helps explain exactly what happens when a bank goes under, minute-by-minute.

This story originally aired in March 2009 on This American Life, from WBEZ Chicago. We're airing it for the first time in full on our podcast.

This version of the story was produced by Dylan Sloan and edited by Dave Blanchard. It was fact-checked by Sierra Juarez and engineered by Katherine Silva. Jess Jiang is Planet Money's acting executive producer.

Music: "Butter" "Bassline Motion" and "Fantasmi."

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In the first half of March, three banks - Silicon Valley Bank, Signature Bank, and Silvergate - all had relatively classic bank runs and collapsed. Which sparked some major banking stress. As a result, the Federal Reserve got a lot of requests to use one of its oldest and most important tools for soothing such troubles: the discount window.

The discount window is like a safety net for banks. And recently, a lot of banks have needed it. So, what is the discount window, where did it come from, and how does it work? And, amidst all the recent banking turmoil, has it been working the way it should? In this episode, we crack open the discount window.

This episode was produced by Emma Peaslee with help from Willa Rubin. It was engineered by Katherine Silva. It was fact-checked by Sierra Juarez and edited by Sally Helm. Jess Jiang is our acting executive producer.

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It's been a month since the collapse of Silicon Valley Bank touched off the worst episode of banking turmoil since 2008. While the financial system appears to have stabilized, we're still reckoning with what happened. Regulators are getting dragged before Congress. The Federal Reserve and the FDIC have promised reports on what went wrong with bank oversight. And judging by our inbox, you, our listeners, have a lot of lingering questions.

Questions like: Was it a bailout? Where were the regulators? Is it over yet? And what about those other banks that were teetering on the edge?

Today on the show, some answers for you.

This episode was produced by Sam Yellowhorse Kesler with help from Willa Rubin. It was engineered by Brian Jarboe. It was fact-checked by Sierra Juarez and edited by Molly Messick. Jess Jiang is our acting executive producer.

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It's Groundhog Day, and the eyes of the nation have turned to a small town in western Pennsylvania. And, just like last year, all anyone can talk about is Punxsutawney Phil! It is impossible to find a news story that is not about one furry prognosticator.

Well, almost impossible...

Once again, our Planet Money hosts find themselves trapped in the endless Groundhog Day news cycle, and their only way out is to discover an economics story from Groundhog Day itself interesting enough to appease the capricious Groundhog Gods!

So rise and shine campers (and don't forget your booties) as hosts Kenny Malone and Amanda Aronczyk scour the news of February 2nds past, to try to find the perfect story.

This episode was hosted by Kenny Malone and Amanda Aronczyk. It was produced by Sam Yellowhorse Kesler. It was edited by Keith Romer, and engineered by Valentina Rodríguez Sánchez. It was fact-checked by James Sneed. Our executive producer is Alex Goldmark.

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For the last year and a half, the story of FTX has focused largely on the crimes and punishment of Sam Bankman-Fried. But in the background, the actual customers he left behind have been caught in a financial feeding frenzy over the remains of the company.

On today's show, we do a deep dive into the anatomy of the FTX bankruptcy. We meet the vulture investors who make markets out of risky debt, and hear how customers fare in the secretive world of bankruptcy claims trading.

This episode was hosted by Alexi Horowitz-Ghazi and Amanda Aronczyk. It was produced by James Sneed and Sam Yellowhorse Kesler. It was edited by Jess Jiang, and fact-checked by Sierra Juarez. It was engineered by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.

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Episodes each Wednesday through labor day. Find all the episodes from this season here. And past seasons here. And follow along on TikTok here for video Summer School.

Planet Money Summer School has arrived at the birth of the United States and the chance to set up a whole new economy from scratch. Should there be a centralized bank? Should there be a single currency? We'll travel to two moments in the country's early history when the founders said "nope" to these questions and see what happened.

First we'll witness one of the great economic battles in U.S. history – the president of the United States versus the president of the Bank of the United States – and see how the outcome ushered in an age of financial panics. Then we'll drop in on a time before the U.S. dollar existed as we know it, when you could buy things using one of about 8,000 forms of money circulating in the country. We watch as the Civil War leads to the first standard currency. Along the way, we'll learn why the cycle of economic booms and busts persists to today despite efforts to centralize America's economy throughout history.

This episode was edited by Planet Money Executive Producer Alex Goldmark and fact-checked by Sofia Shchukina.

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You might have seen ads for online banking services that seem to offer a lot of great stuff — accounts you can open in minutes and without a minimum balance or monthly fees. The ads seem to say: "These aren't your parents' boring old banks." But the truth is: Even though they might resemble banks, they aren't.

These "bank-like" companies are a type of "fintech" or financial technology company. And this is a story about the potential risks of putting your money into these apps.

Banks go through a whole regulatory gauntlet in order to exist. But, in the past several years, there has been a rise in fintechs that skirt regulations. And many of these pose a real threat to even the most savvy of depositors.

When a little known tech company filed for bankruptcy a few months ago, thousands of people couldn't access the millions of dollars they saved. On today's show, we meet some of the people affected and learn what the fintech industry reveals about banking regulation.

Today's show was hosted by Erika Beras and Sally Helm. It was produced by Sam Yellowhorse Kesler and Sofia Shchukina with help from James Sneed. It was edited by Jess Jiang and fact-checked by Kevin Volkl. It was engineered by Valentina Rodríguez Sánchez with help from James Willetts. Alex Goldmark is our executive producer.

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Toronto, ON – A finance professor at the University of Toronto’s Rotman School of Management received the Governor’s Award from the Bank of Canada. Mikhail (Mike) Simutin, an assistant professor of finance, will receive the award for 2017. The award recognizes outstanding academics at a relatively early stage in their careers, who are working at Canadian […]

Westinghouse and Holtec also support the bank's re-authorization.

The purpose of a capacitor bank’s protective control is to remove the bank from service before any units or any of the elements that make up a capacitor unit are exposed to more than 110% of their voltage rating. When... Read more

The post How to control and protect capacitor banks before something goes wrong appeared first on EEP - Electrical Engineering Portal.

Let’s discuss capacitor banks, but this time, not the basics. Let’s study the double-star capacitor bank configuration and protective techniques used in the substations. How important is to choose the right current transformer ratio, calculate rated and maximum overload currents,... Read more

The post Capacitor banks in substations: Schemes, relay settings, and protective measures appeared first on EEP - Electrical Engineering Portal.

120-24 : Hearing before the Disciplinary Committee of Bourse de Montréal Inc. - National Bank Financial Inc.

We continue our series on Maternal & Early Childhood Issues with more on the subject of breastfeeding. For the next several days we will look at the important work being done by the Mid-Atlantic Mothers’ Milk Bank and how the PCC is looking to help them. https://fb.watch/dv4YBuc3qS/ https://twitter.com/PAcatholic/status/1532416678121857025?s=20&t=6XAnUbQUJooExYYWxkr1WQ  

Over the weekend, quite a large mudflow occurred on the banks of Loch Broom in the Wester Ross area of northern Scotland

0900 GMT / 0400 US Eastern time: Olli Rehn, Governor of the Bank of Finland, and Bank of England Chief Economist Huw Pill speak on a panel at a conference organised by UBS in London

As Governor of the Bank of Finland Rehn is a member of the European Central Bank monetary policy board, the Governing Council.

Thus we'll get policy/economy comments relevant for the ECB and BoE for this one.

Deutsche Bank has revised its forecast for the European Central Bank’s (ECB) terminal rate, lowering its central-case projection from 2.25% to 1.50%. The bank now anticipates the ECB’s policy rate will dip slightly below the neutral rate by the end of 2025, rather than returning to neutral by mid-year as previously expected.

This shift in outlook is driven by several factors, including the potential for new tariffs from a Trump administration, which would likely impact trade, along with weaker macroeconomic performance in Europe and the increasing risk of inflation falling below target.

According to Deutsche Bank, the uncertainty surrounding these dynamics is considerable, especially given the unclear timing and effects of U.S. tariffs and potential European responses. Reflecting this uncertainty, the bank has outlined a broad target range of 1.00% to 1.75% for the ECB’s terminal rate.

Deutsche Bank notes that the terminal rate’s trajectory and ultimate level will depend on key influences such as:

1. European fiscal policy,
2. the economic health of Germany,
3. developments in China,
4. and fluctuations in oil prices.

The bank further suggests that the global economy may be entering a new phase, with Europe potentially experiencing increasingly divergent economic conditions compared to the U.S.

Since its founding in 2004, Dukascopy has grown into a trusted, innovative leader in the fintech and online trading space, providing clients with advanced tools and a stable platform for smart financial decisions.

Over the past 20 years, Dukascopy has reached major milestones that reflect its core values of stability, innovation, and putting clients first. From its proprietary JForex platform to the popular MT4 and MT5, Dukascopy offers a variety of trading platforms along with modern neo-banking services for both individuals, businesses, and institutions. The bank has also led the way in technology upgrades with White Label and banking-as-a-platform solutions.

As Dr.Andre Duka, Dukascopy’s founder, says, "Innovation has always been at the heart of what we do. We aim to continue delivering these high standards into the future. Thank you, our clients, for choosing us for these 20 years."

Currently, Dukascopy (https://dukascopy.click/agw) proudly serves over 400,000 clients across both trading and banking services. This commitment to delivering cutting-edge solutions, backed by Swiss-grade stability, has allowed the company to maintain long-term relationships with clients, many of whom have been trading and banking with Dukascopy for decades.

As the company looks toward the future, Dukascopy remains focused on empowering traders and banking clients, expecting significant growth of its client base across all segments, from trading to neo-banking, corporate to white-label services.

0945 GMT / 0445 US Eastern time - Bank of England policymaker Catherine Mann is a panellist on the Female Central Bankers panel organised by BNP Paribas’ Global Markets

*

The Bank of England cut last week

• Forexlive Americas FX news wrap 7 Nov: FOMC/BOE cuts by 25 basis points

Expectations are for slower cuts ahead:

• More gradual Bank of England rate cuts = support for GBP

ING remarks after the wages data from Australia earlier:

• Australia data - Wage Price Index for Q3 2024: +0.8% q/q (expected +0.9%, prior +0.8%)
• Australia - "Wage inflation is moderating as expected"

ING says that year-on-year wage growth slowing to 3.5% is a step in the right direction for the Reserve Bank of Australia (RBA) to consider rate cuts.

However, ING notes this deceleration alone isn’t enough for the RBA to rule out any upside risks to interest rates.

Despite the softer data, ING believes a case for a near-term rate cut remains weak, predicting the earliest possible easing from the RBA could come in the first quarter of 2025.

**

I suspect even Q1 is too early. The RBA next meet on December 9 - 10, where on hold is expected.

At 10 am Sydney time on Thursday, November 14, 2024,

• Panel Participation by RBA Governor Michele Bullock, at the ASIC Annual Forum, Sydney
• that's 2300 GMT, 1800 US Eastern time on Wednesday, November 13, 2024

Perhaps we'll hear something on wages data from earlier today:

• Australia data - Wage Price Index for Q3 2024: +0.8% q/q (expected +0.9%, prior +0.8%)

But, probably not:

• Australia - "Wage inflation is moderating as expected"

The RBA next meet on December 9 and 10 and no change to the cash rate is widely expected.

Room 21, Parliament Buildings