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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Emmett previously was the top executive of HSBC Bank plc and Europe, where he was responsible for HSBC's UK Wholesale Bank and operations across Continental Europe, Sub-Saharan Africa and Bermuda.

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IBM in “Leaders” Quadrant of 2019 Gartner Magic Quadrant for IT Risk Management, fourth report in a row

Insights on Business

It’s gratifying to see IBM once again positioned in the Leaders Quadrant of the 2019 Gartner Magic Quadrant for IT Risk Management, released on July 3 rd for its OpenPages with Watson solution.* To access the complete report of the Gartner Magic Quadrant for IT Risk Management Solutions report, please click here.

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Financial services at IBM Think 2019

Insights on Business

IBM will be hosting IBM Think 2019 from February 12-15 this year at a new location in San Francisco, CA. Digitally transforming operations, operating models and technologies to compete in a changing industry structure. Return soon to read more Think 2019 financial services blogs. Optimizing risk, compliance and security.

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U.S. Bank’s Dominic Venturo to speak at Bank Innovation Build 2019

Bank Innovation

Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Register here.)

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Making financial services more secure at IBM Think 2019

Insights on Business

This is a security risk that can be eliminated with IBM Security Access Manager (ISAM). Many banks are still operating with legacy systems and applications. Attend session 2063A to learn how Sberbank partnered with IBM to create a highly successful cybersecurity operations program. Digital transformation.

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Big Tech Compliance Tracker: EU Prepares To Propose New Big Tech Regulations; Turkey Fines Big Tech Platforms $1.18M

PYMNTS

The Digital Services Act is forecast to revamp content management on platforms such as Facebook and Google. million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister. It is due to be put forward early next month.

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Facebook’s Sandberg Pushes Back On Antitrust Allegations

PYMNTS

Sheryl Sandberg, chief operations officer of Facebook, is pushing back against two antitrust lawsuits filed against the social media giant, CNBC reported on Friday (Dec. The M&A landscape has been quiet due to the pandemic, with deal making down 70 percent from 2019, with just 40 transactions.