OpenTreasury Disruptive and damaging cyberattacks (TREASURY NEWS)
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the ECB confirming July rate hike plans and ending its bond-buying programme, Australia’s central bank raising interest rates by the most in 22 years, Russia’s Rostec announcing an alternative to SWIFT, US lawmakers unveiling sweeping crypto legislation, Apple foraying into the BNPL space, Nacha offering small volume ACH users an account verification option, and the growing menace of ransomware and resulting increases in cybercrime insurance claims.
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ECB stops bond purchases and plans rate hikes
Reserve Bank of Australia hikes interest rate again
Russia’s Rostec “has devised SWIFT alternative”
US regulatory overhaul proposed for crypto
Apple bypasses banks to provide BNPL loans directly
New Nacha partnerships to enhance validation features for small volume ACH users
Cybercrime insurance claims rise as ransomware proliferates