Tags: Banks
New EU DORA Law Requires Banks to Strengthen IT Security and Manage Third-Party Risks by 2025
By January 2025, the EU's Digital Operational Resilience Act (DORA) will enforce stringent IT security standards for banks and their technology suppliers to boost cyber resilience and manage third-party risks.
Major Banks Hit With IT Glitch, Leaving Thousands Struggling to Access Money on Payday
Thousands of British bank customers expressed frustration on social media after an IT glitch disrupted digital banking services during payday, leaving many unable to access accounts or process transactions.
US Banks See Loan Demand Drop, Fed Survey Says
US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.
Nationwide's Move to Stop Lending on UK Flood-Risk Properties Might Encourage Banks to Do the Same!
Nationwide and two more significant lenders in the U.K. decided to increase their rates on new fixed deal mortgages.