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worldbusinessstar

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G20 finance chiefs back tax deal

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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

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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...

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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

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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...

Why do financial services need conversational AI?

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The Financial Services industry is squeezed by mounting financial pressure due to an increase in risk tied to financial volatility. A higher volume of...

Sweden, Norway currencies eye multi-year highs vs euro

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The Swedish and Norwegian currencies will gain ground versus the euro in the coming 12 months. This likely hits the multi-year highs at a...

Development banks linked to nature loss worth $800 BLN per year

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Every year, the investments made by public development banks around the world could destroy nature worth $800 billion. Stating this, the researchers urged that there...

Euro zone banks continue to reduce soured credit

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Euro zone banks continued to record a decline in soured loans, according to the collected data. This is even as the European Central Bank warned that lenders...

In future of cloud – keeping data safe

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Cloud services are inherently scalable, responsive and flexible. This is because the workers are no longer limited to just a select number of pre-determined...

Healthcare with a human connection

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Connectivity has changed this world. Working from anywhere is becoming common nowadays. A vast array of information and services can be accessed easily in...