BANKING
Digitisation of Banking is Worrying Regulators
Cloud computing, AI, Fintech, open banking and more are creating new risks in banking are starting to catch the attention of banking regulators.
The Basel Committee is pondering new regulations to help mitigate all the new found risks with the adoption of technology in finance.
Maybe they need to checkout this digital banking course…
CRYPTO
Brothers Charged with Crypto Heist
The U.S. Department of Justice (DOJ) recently indicted two brothers, both MIT grads, with stealing $25 million of cryptocurrency in a brand new kind of heist.
The brothers exploited a vulnerability in Ethereum to pull off the heist, which is the first of its kind.
CAREERS
Shortage of Accountants Prompts Quicker Path to Qualification
With the global shortage of accountants, industry leaders are contemplating lowering qualification requirements to fast-track new accountants.
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