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Things worth reading: 20th December 2019

Chris Skinner

Things we’re reading today include … Emerging market debt hit $55 trillion Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S.

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Making financial services more secure at IBM Think 2019

Insights on Business

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

Security 114
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Uber Eyes 2019 IPO

PYMNTS

Uber is moving ahead with its initial public offering, filing paperwork with the Securities and Exchange Commission in the U.S. The report noted the IPOs could happen in the first quarter of 2019 at the earliest. Airbnb , Palantir , and Stripe are also seen as potential IPOs in 2019.

Marketing 167
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How Are Leading Financial Institutions Navigating the Cryptocurrency Market? 4 Highlights From 2021

Perficient

According to CoinGecko, the cryptocurrency market is worth more than $2.35 Although this market seems promising, the potential for big gains does not come without hefty risk. Bank customers with a custody solution that “meets the highest security, compliance and regulatory standards.”. Northern Trust.

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EY Says Wirecard Gave False Statements During 2019 Audit

PYMNTS

The company was involved in deliberate deceit and had given false statements on escrow while EY was carrying out the 2019 audit of the company, which EY took to the relevant authorities, Reuters reported. The matter concerns the $2.1 billion, which was roughly around a quarter of the company’s books and which no one could prove existed.

Fraud 256
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FTC Releases 2019 Privacy and Data Security Update

CFPB Monitor

On February 25th, the Federal Trade Commission (FTC) released its annual Privacy and Data Security Update , which highlights the FTC’s activities during the past year.

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US Patents Hit All-Time High In 2019

PYMNTS

in 2019 than ever before – 333,530 were granted, 15 percent more than in 2018, the global patent data platform IFI CLAIMS announced on Monday (Jan. Almost 50 percent of IBM’s 2019 patents related to “hot-button technologies such as artificial intelligence (AI), cloud computing, security, blockchain and quantum computing.”.

US 150