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Financial institutions ask customers for passports, facial images, addresses and information about their money to meet regulatory requirements. Stored together, however, the same records can become a ready-made targeting file for criminals, and obtaining it may not require breaking into a bank’s systems. London’s trading industry is coming home! What Happened to Revolut The latest…
For high-net-worth (HNW) borrowers, a historical tax return does not always tell the full story. Professional and financial circumstances can change quickly. A senior executive may move into consultancy, a partner may leave a professional practice, or an established professional may incorporate a new business and begin moving income into a corporate structure. The…
While investors have seen more properties come to market in recent weeks, the highest auction clearance rates in months suggest a slight rebound in competition in the spring selling season. While economic conditions have tipped the spring season to be more moderate than in other years, an uptick in auction numbers brings a fresh wave…
Key insight: AI agents from OpenAI and Anthropic are capable of doing more harm, at a larger scale, than previously thought. What’s at stake: Large swarms of advanced AI agents broke out of sandboxes, secretly messaged each other and collaborated to attack an external company, without being prompted or programmed to do so. Expert quote:…
India’s wholesale inflation moved higher in August 2026, with prices at the wholesale level continuing to rise across key parts of the economy. Inflation based on the Wholesale Price Index (WPI) increased to 9.92% in August from 9.78% in July, according to data released by the Ministry of Commerce and Industry. WPI Inflation In August…
“A rate hike remains likely at this week’s meeting, but it is not an open-and-shut case,” he said. “The bond market has already done some of the Fed’s work by pushing long-term yields higher and tightening financial conditions, reducing the need for immediate policy tightening. Even so, August’s firmer core inflation reading raises the concern…
Key insights: Synchrony Chief Financial Officer Brian Wenzel said at the Barclays Global Financial Services Conference that consumers’ spending and payment behaviors were “holding very firm” despite inflationary pressures. What’s at stake: Inflation has held at 3.4% for two months, and the national average price of gasoline is over a dollar more than it was…
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Twenty7tec has completed an integration with Fluxifi, allowing advisers using the platform to access Twenty7tec’s mortgage sourcing functionality within their existing workflow. The integration connects Fluxifi and Twenty7tec via an API, enabling users to access RESEARCH directly from the Fluxifi platform without switching between systems or re-entering information during the sourcing process. It was…
Key insight: The Phoenix bank core, which changed hands from Finastra to CORA Group, has been repackaged to PhoenixWorx. What’s at stake: PhoenixWorx is launching its rebrand as regulators have expressed potential for additional scrutiny of core vendor relationships with banks. Expert quote: “It comes down to, in the end, an emotional decision of who…