Fake Employees Are Banks’ Newest Insider Threat

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The account is real. The credentials are real. The employee is not. Synthetic insiders use stolen identities, deepfake technology and remotely controlled devices to get hired, pass background checks and log in through approved accounts: access that looks legitimate because it is legitimate. The person operating it is not who the company believes it hired. […]

Aberdeen Adviser streamlines platform onboarding

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Aberdeen Adviser has introduced a new integration designed to reduce rekeying and improve the transfer of client information between adviser systems and its Wrap platform. The development uses Criterion’s Platform Account Opening Standard alongside integration technology from ZeroKey to create a more consistent flow of client and account data. Criterion’s standard sets out how the […]

I left Amazon to buy a printing company. It was the best career move I ever made

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After joining Amazon as a product leader in 2022, I saw a series of layoffs and return-to-office mandates over the following three years that made any semblance of presence in home life impossible. The tech industry layoffs disproportionately impacted women, and the workers that remained struggled in a workplace with lowered morale and increased expectations.  […]

Bank deregulation package inches toward House floor

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Key insight: The community bank tailoring package could be on the House floor as early as tomorrow.  Forward look: The bill faces significant hurdles in the Senate, however, where it will need 60 votes — including several Democrats — just as the heated midterm election season gets under way.  What’s at stake: The legislation includes […]

Netflix Exec: All Employees Should Aspire to ‘AI Fluency’

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Netflix expects employees across the company to develop an “aspiration for AI fluency” as the technology reshapes how work gets done, a top executive said. Elizabeth Stone, Netflix’s chief product and technology officer, said on an episode of “Lenny’s Podcast” released Sunday that the streaming giant is encouraging all employees — from new hires to […]

Meta Stock’s Rebound Made Mark Zuckerberg the World’s Fifth-Richest Person at $222 Billion

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Meta Platforms (META 0.06%) stock rode the roller coaster last week, soaring as high as $686 per share intraday on Wednesday before giving back all its gains — and that’s OK. Closing the week a penny above $646 per share, Meta has returned to prices last seen in April. As a direct result of Meta […]

Red alert: how Nasdaq’s Smarts became surveillance blind spot

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On July 8, users of Nasdaq’s Smarts software received an email. It said – not in these words – that the software had not been doing its job. That’s a problem, because Smarts has a big job. The software promises to help market participants spot suspicious trading behaviour – spoofing, frontrunning, insider trading and more […]

Retirement Evolution Series: Why ‘One Pot’ Fails

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  Relying on a single standalone multi-asset fund during decumulation exposes clients to a dangerous trio of headwinds: sequencing risk, longevity risk and behavioural panic. In this episode, Kimberley Dondo talks to Andy Fear, investment business development manager at M&G, to explain why structural portfolio design must evolve. Learn how partitioning client wealth by purpose […]

EPS rules explained: Eligibility, withdrawal and pension

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Confused about the Employees’ Pension Scheme and its rules? This guide breaks down complex aspects, including contribution methods, eligibility, and pension calculations. With increasing cases of claim rejections, being informed is key. 

MoneySuperMarket enters investment platform market

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MoneySuperMarket has entered the investment platform market with the launch of a direct-to-consumer proposition. The new platform, Investments by MoneySuperMarket, offers customers access to Stocks and Shares Isas and general investment accounts from as little as £1. Available through the firm’s app, it charges a 0.34% annual platform fee with no trading fees. Customers can […]