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Nordea expands sustainability reporting amid new directives
By Globe Banner | Feb 26, 2024
Nordea has released its Annual Report for 2023, highlighting the bank's commitment to sustainability and climate action.
Silent Eight, HSBC expand partnership for transaction screening
By Globe Banner | Feb 22, 2024
Regulatory technology firm Silent Eight is broadening its collaboration with HSBC to automate the investigation and resolution of transaction alerts. Prior to this expansion, Silent Eight had been performing name screening and adverse media automation for HSBC, aiming to detect financial crimes with reduced friction.
Leading crypto exchange Binance shares practices employed to protect users from scams
By Globe Banner | Feb 19, 2024
Binance, the world's leading cryptocurrency exchange, has shed light on its strategies to safeguard users from scams. The company highlighted that the surge in online dating has coincided with an increase in "romance scams."
NorCal SBDC gets funding for the Inclusivity Project
By Globe Banner | Feb 14, 2024
The NorCal Small Business Development Center (NorCal SBDC) has been awarded a $350,000 grant for its Inclusivity Project by Wells Fargo. This funding is set to enhance the project's ability to facilitate collaborations, provide no-cost mentorship, workshops and more.
Binance's work with law enforcement contributed to 2023 drop in crypto crime
By Globe Banner | Feb 13, 2024
Binance, the world's largest cryptocurrency exchange, has attributed the decline in crypto-related crime in 2023 to its collaborative efforts with law enforcement agencies. The company stated that industry-wide initiatives aimed at enhancing security and compliance led to a decrease in several key crypto crime metrics between 2022 and 2023.
Nordea receives FSA approval for Danske Bank acquisition in Norway
By Globe Banner | Feb 7, 2024
The Financial Supervisory Authority (FSA) has approved Nordea's acquisition of Danske Bank's personal customer and private banking business in Norway.
Binance’s Data Protection team earned five privacy certifications, advancing goal of expanding financial freedom safely
By Globe Banner | Feb 5, 2024
Binance, the world's largest cryptocurrency exchange, announced in a Feb. 2 post that its Data Protection team handled 22,000 privacy-related inquiries in 2023 and secured five privacy certifications. The company stated that the primary "mission" of the Data Protection team is to foster trust and confidence among its users.
Steve Christie rejoins Binance as deputy chief compliance officer
By Globe Banner | Feb 5, 2024
Binance, the world's leading cryptocurrency exchange, confirmed on February 2 that Steve Christie has returned to the company in the role of Deputy Chief Compliance Officer. Christie had previously held the position of Senior Vice President of Compliance at Binance.
Intrinsic LLC names two co-chief executive offers
By Globe Banner | Feb 2, 2024
Following the retirement of co-founder Alex Hodgkin as CEO in 2023, Intrinsic LLC embarked on a search for his successor. This week, the company announced that two of its current employees would jointly assume the role.
FinCEN praises Binance's enhanced compliance protocols
By Globe Banner | Feb 1, 2024
Binance, the world's largest cryptocurrency exchange, announced on its website that U.S. government agencies have commended the enhancements made to its compliance program over recent years. The company has implemented measures to safeguard its users, including compliance audits, adherence to anti-money laundering (AML) standards, wallet segregation, and the introduction of a pioneering proof of reserves (PoR).
Leading crypto exchange Binance announces collaboration with Women in Technology Association
By Globe Banner | Jan 30, 2024
Binance, the world's leading cryptocurrency exchange, has announced the establishment of the Binance Women in Technology Academy. This initiative is a collaborative effort with the Woman in Technology Association (Wtech) and aims to enhance financial literacy and equip women with the necessary tools to thrive in the crypto and Web3 sectors.
Binance Chief Compliance Officer Noah Perlman: 'The crypto ecosystem is becoming safer year on year'
By Globe Banner | Jan 26, 2024
Noah Perlman, the Chief Compliance Officer of Binance, the world's largest cryptocurrency exchange, underscored recent statistics from Chainalysis, a blockchain analytics firm. The data reveals a decline in the percentage of crypto transactions associated with illicit activities.
Nordic economies face challenges amid global monetary policy shifts
By Globe Banner | Jan 24, 2024
The global economy continues to show promising prospects despite the challenges posed by significant monetary policy tightening, according to Helge Pedersen, Nordea Group Chief Economist.
Coinbase partners with Yellow Card to expand stablecoin access in Africa
By Globe Banner | Jan 23, 2024
Cryptocurrency exchange Coinbase has announced a partnership with Yellow Card, a prominent African stablecoin exchange, to broaden access to USD Coin (USDC).
Nordea to announce financial results for Q4 and full year 2023
By Globe Banner | Jan 22, 2024
Nordea will release its fourth-quarter and full-year results for 2023 on February 5.
Binance, Gulf Innova launch Thai crypto exchange
By Globe Banner | Jan 18, 2024
Binance, the world's leading cryptocurrency exchange, has announced the commencement of its full operations in Thailand. This move is made in collaboration with Gulf Innova Co. Ltd., a subsidiary of Gulf Energy Development. The joint venture will function under the name Binance TH by Gulf Binance or simply Binance TH.
Bank of N.T. Butterfield & Son Limited announces appointments to senior management positions
By Globe Banner | Jan 16, 2024
Three individuals have been appointed to new positions at Butterfield. Michael Neff has been named Group Chief Operating Officer, Kevin Dallas will assume the role of Group Chief Experience Officer, and Jody Feldman has been promoted to Managing Director of Bermuda.
State Department Federal Credit Union announces personnel changes
By Globe Banner | Jan 13, 2024
Rachel Rust has been appointed as the Chief Experience Officer at the State Department Federal Credit Union (SDFCU), while Victor Rust assumes the role of Chief Retail Officer.
Matt Berman appointed Chief Executive Officer at Foresters Financial
By Globe Banner | Jan 12, 2024
Foresters Financial, a life insurance company with a history spanning nearly 150 years, has appointed Matt Berman as its new president and chief executive officer. Berman replaces Rene Zanin, who had been serving as the interim president and CEO. Since joining Foresters Financial in 2017, Berman has played a significant role in the company's growth and development.
Binance Pay transactions exceeded $71B in 2023 despite market uncertainty
By Globe Banner | Jan 10, 2024
Binance, the world's largest cryptocurrency exchange by trading volume, revealed on January 9 that transactions via Binance Pay surpassed $77 billion in 2023, marking a 71% year-on-year growth. Binance Pay is a contactless cryptocurrency payment method that allows individuals and businesses to utilize crypto for routine transactions.