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Bank Of England Tells HSBC To Tighten Fraud, Staff Compliance

Bank Of England Tells HSBC To Tighten Fraud, Staff Compliance
Bank Of England Tells HSBC To Tighten Fraud, Staff Compliance
November 07, 2019  |  Regulation

The Bank of England has told HSBC to improve compliance controls for non-fiscal factors like fraud and staff conduct, according to a report by Reuters....

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Amazon Ring Security Flaw Opened Door To Hackers
Amazon Ring Security Flaw Opened Door To Hackers
November 07, 2019  |  Security & Fraud

Amazon Ring fixed a security vulnerability in its Ring Video Doorbell Pro that could have potentially allowed hackers to get homeowners’ Wi-Fi passwords, TechCrunch reported...

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Former Obama Chief Of Staff Tapped To Lead Wells Public Affairs
Former Obama Chief Of Staff Tapped To Lead Wells Public Affairs
November 07, 2019  |  Personnel

William M. Daley has been appointed Wells Fargo vice chairman of Public Affairs and will begin his new role Nov. 13, the company said in...

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With Fewer Shopping Days, Retailers Ramp Up Sales, Delivery
With Fewer Shopping Days, Retailers Ramp Up Sales, Delivery
November 07, 2019  |  Retail

Thanksgiving lands on Nov. 28, which is six days later than last year. That means retailers have a whole week less to sell during the...

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CapOne Security Head Transferred In Wake Of Data Breach
CapOne Security Head Transferred In Wake Of Data Breach
November 07, 2019  |  Personnel

Capital One’s chief information security officer (CISO), Michael Johnson, is being transferred to a new position following the bank’s colossal cyberattack in July, The Wall...

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Italy Opposes German Proposal For EU Banking Union
Italy Opposes German Proposal For EU Banking Union
November 07, 2019  |  Banking

A German proposal for the EU’s banking union is being opposed by Italy, which said it would impact banks’ ability to compete, according to a...

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Alibaba Leases Russia Cargo Planes For Direct China-Russia Flights
Alibaba Leases Russia Cargo Planes For Direct China-Russia Flights
November 07, 2019  |  B2B Payments

Alibaba Group’s logistics operator is partnering with Pochta Russia and Aviastar-Tu to launch direct China-Russia cargo delivery flights, Reuters reported on Thursday (Nov. 7). Get...

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EU: Apple Pay May Be Stifling Payments Competition
EU: Apple Pay May Be Stifling Payments Competition
November 07, 2019  |  ANTITRUST

EU Competition Commissioner Margrethe Vestager said numerous grievances have been filed with the European Commission concerning Apple Pay and its negative effect on competition in...

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Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
November 07, 2019  |  Retail

Following Grubhub’s earnings report and stock plunge, the chief executive of a competing service said Grubhub’s results do not reflect the potential of the wider...

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