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Deepseek AI Takes Root In China’s Banks

Global Finance

Brokerages including Sinolink Securities, Industrial Securities, and GF Securities quickly followed suit. ICBC uses DeepSeek for wealth management tasks and financial data analysis. Bank of Beijing uses the app for data analysis through a partnership with Chinese IT conglomerate Huawei.

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The Evolving Role of CFOs in the Digital Age

CFO Plans

As stewards of financial data, CFOs must prioritize cybersecurity measures to ensure the security of sensitive information and maintain client trust. Secure Financial Data Management: A Top Priority At the core of modern financial services is secure financial data management.

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Industry Calls For Data-Sharing Framework To Enhance Security

Global Finance

However, due to existing privacy laws and regulations, banks remain hesitant to share financial data. If data is shared, it is done via lateral agreements. While the benefits of data sharing are significant, it’s crucial to address the privacy concerns associated with handling sensitive information.

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Poshmark Experiences Non-Financial Data Breach

PYMNTS

The fashion marketplace company said the information does not include physical addresses or financial data, according to a web post. The company said in the post, “We take the trust you have placed in us extremely seriously, and since learning of this incident, we’ve expanded our security measures even further.

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Payments Providers Combat The Conflict Between Security, User Experience

PYMNTS

In financial services, demand for ease of use and security are sky-high, even for business customers. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena.

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Technology Safeguarding The Age-Old Practice Of Financial Data Sharing

PYMNTS

The approach to financial services for consumers and businesses is quite vast, but across the spectrum, access to and management of financial data is a critical component. Finicity , a company built for financial data aggregation, is jumping into the conversation.

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Understanding What Investors Really Look for in Your Financial Reports

CFO Plans

In the whirlwind world of startups and businesses on the hunt for investment, financial reporting is much more than a collection of numbers; its the story of your businesss vitality, potential, and vision. Discover how to transform your financial reports into investment magnets by aligning them with investor expectations.