Elder fraud has become an increasingly pressing issue across the United States, with over 101,000 Americans aged 60-plus being defrauded of $3.4 billion nationwide last year alone. In Maine, 397 reported cases accounted for a loss exceeding $7.1 million. With many fraud incidents going unreported,
With the escalating frequency and sophistication of cyberattacks, organizations are prioritizing the need to safeguard their backup systems, often considered a last line of defense against data breaches. Dell Technologies Inc. has responded robustly to this need by expanding its managed detection
Artificial intelligence (AI) and machine learning (ML) are revolutionizing the landscape of digital banking security. As financial institutions face increasingly sophisticated threats, these advanced technologies offer robust solutions to safeguard customer data and transactions. AI and ML are
Cryptocurrencies have revolutionized the financial landscape, offering decentralized and borderless transactions. However, this innovation comes with its own set of challenges, particularly in terms of crypto fraud. The decentralized nature of cryptocurrencies makes them an attractive target for
The increasing complexity and demanding deadlines of the European Union's Markets in Crypto-Assets (MiCA) regulation present formidable challenges for small and mid-sized European Money Service Businesses (MSBs) and Virtual Asset Service Providers (VASPs). These stringent compliance rules,
The impending expiration of significant Bitcoin (BTC) and Ethereum (ETH) options contracts, totaling an impressive $2.27 billion, has the potential to stir short-term price volatility in these prominent cryptocurrencies. With $1.81 billion in Bitcoin options and $459 million in Ethereum options set
As the AI and Big Data Expo Global 2025 event gears up to commence in less than four weeks, excitement is building among professionals across various sectors. Scheduled to be held at Olympia, London on February 5-6, 2025, this event promises to be a hotspot for exploring the latest advancements in
The advent of blockchain technology has ushered in a new era for the global financial system, with the tokenization of real-world assets (RWAs) at the forefront of this transformation. Once a futuristic concept, blockchain has now become a tangible reality, offering increased accessibility,
The current economic climate is marked by significant shifts in currency and bond markets, driven primarily by risk-off sentiment. This article delves into the performance of the USD against its G10 counterparts, the movements in core bond yields, and the broader economic conditions influencing
Globalization has significantly transformed the way businesses and financial markets operate, bringing both opportunities and challenges, especially in the realm of financial crime prevention. The evolving framework of anti-money laundering (AML) legislation reflects the changes needed to combat
