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How to Create Online Training Programs for Bank Employees

Kitaboo

Such upskilling is especially critical in the banking sector. . These training programs can help employers make their workforce future-proof and benefit significantly in terms of increased productivity for years to come. In fact, every dollar invested in online training programs offers a return on investment (ROI) of $30.

Banking 146
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How banks and businesses can prep for the FedNow instant-payment system

Computerworld Vertical IT

After a pilot program that lasted six months, the US Federal Reserve System plans to launch its FedNow real-time payment system in July. But many banks and businesses could be caught flatfooted when it launches.

Banking 97
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Steps CIOs should take to protect customer data in Nigeria’s open banking systems

CIO Business Intelligence

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. For Emmanuel Morka, CIO at Access Bank Ghana, open banking is the future and enterprises should seize on the opportunity.

Banking 117
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World's Largest Bank ICBC Hit by Ransomware

SecureWorld News

The Industrial and Commercial Bank of China (ICBC), recognized as the world's largest commercial bank, has fallen victim to a ransomware attack. arm, ICBC Financial Services, experienced a ransomware attack resulting in the disruption of certain systems. and even introducing a bug bounty program to ransomware development.

Banking 85
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LA Public Defender CIO digitizes to divert people to programs, not prison

CIO Business Intelligence

Mohammed Al Rawi was appointed as the first CIO of Los Angeles County Public Defender’s (LACPD) office roughly five years ago, signaling the beginning of an era where technology and justice intersect to help the most vulnerable in the court system. No one can access trial lawyers unless you have half a million in the bank.

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Schrodinger’s Open Banking

CIO Business Intelligence

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 94
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Microsoft reports investments in banks, funds and other programs supporting Black-owned companies

GeekWire

-based software and cloud giant offered an upbeat report, saying that in some cases programs that were expected to take years to build up have been accomplished in a matter of 18 months. Microsoft reports that it has reached its goal of committing $100 million to mission-driven banks, which provide capital to diverse communities.