Archive for cybersecurity SmartBlogs

PayPal CEO Dan Shulman sees change afoot in the financial services industry. While speaking on a panel at the World Economic Forum in Davos, Switzerland, Shulman outlined the 5 trends that are re-shaping the way financial services are conducted around the world.

  1. Money is digitizing – 85% of global financial transactions are conducted in cash (based on volume, not value).
  2. […] Continue Reading »

John Micklethwait, the Editor-in-Chief of Bloomberg, says last year you couldn’t get through any World Economic Forum panel related to finance without someone mentioning regulation. This year the inescapable topic is fintech.

Technological advances are destined to alter how the business of finance is conducted around the world. Are the world’s banks nimble enough to keep pace with the offerings of fast-moving fintech startups?[…] Continue Reading »

Terry Duffy is the Executive Chairman and President of CME Group, which is hosting its annual Global Financial Leadership Conference next week in Naples, Fla. Mr. Duffy chatted with SmartBrief and shared more background on the GFLC.

The Global Financial Leadership Conference is now in its 8th year … How has the event evolved?

The GFLC has evolved into one of the foremost events for leaders in our industry.[…] Continue Reading »

Financial institutions need to focus on resilience and sharing information about cybersecurity, which should be treated seriously as a matter of national defense in the US, said experts and regulators at the Securities Industry and Financial Markets Association’s Annual Meeting in Washington, D.C., on Tuesday.

“We need national defense priority on cybersecurity,” just as with nuclear defense, because no company has the budget to battle sovereign nations launching cyberattacks, said Ronald Kruszewski, chairman and CEO of Stifel Financial.[…] Continue Reading »

Cybersecurity is a hot topic at every financial services firm. SmartBrief recently connected with two experts from the Financial Services Roundtable – Jason Kratovil, Vice President of Government Affairs for Payments and Chris Feeney, President of BITS – to discuss cybersecurity legislation currently under consideration on Capitol Hill and what the industry is already doing to combat cyber threats.[…] Continue Reading »