Remove 2030 Remove Operations Remove Security
article thumbnail

Goldman Gets Green Light To Operate Bank In South Africa

PYMNTS

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

article thumbnail

The Scary Success Rate Of Corporate Cyberattacks

PYMNTS

But cyberattacks cost these firms $2 trillion in damages, with researchers forecasting that figure to spike up to $90 trillion by 2030 if businesses don’t change the way they protect corporate data. The vast majority of breaches are reported by employees outside the firm’s security team, researchers added.

Survey 196
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Goldman Joins South Africa’s Johannesburg Stock Exchange

PYMNTS

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Capital 131
article thumbnail

AML/KYC Compliance Just Got Harder

PYMNTS

Some operators said no way, moving to countries with more relaxed rules, or simply shuttering. In the latest PYMNTS AML/KYC Tracker®, we learn that crypto is increasingly being defined as a security, not a currency – but either way, it’s getting a lot more scrutiny. 10, with new regulations for cryptocurrencies, wallets and exchanges.

article thumbnail

TRENDING: Why Grocery Stores Want Autonomous Vehicle Delivery

PYMNTS

Investment in Intelligence of Things (IoT) is expected to surge in the coming years, with companies projected to increase spending on the design, creation and operation of IoT solutions from $186.1 Recently, the National Institute of Standards and Technology drafted a report advising federal agencies on IoT security. billion by 2023.

Trends 173
article thumbnail

General Motors Unveils Electric Truck, Electric Pallet And Software For ‘First- To Last-Mile Delivery’

PYMNTS

BrightDrop offers a smarter way to deliver goods and services,” GM Chair and CEO Mary Barra said in unveiling the new operation. “We The automaker also said the World Economic Forum estimates that demand for urban last-mile delivery will grow 78 percent by 2030 thanks to eCommerce. GM To Also Move Into Software And Services .

Software 130
article thumbnail

How To Build A Digital ID In Layers

PYMNTS

In perhaps the most sweeping example, the member states of the United Nations have embraced, as part of “sustainable development goals,” a target to “provide legal identity for all, including birth registration,” by 2030. The initiative will be on hold until the government enacts new laws that would safeguard data security.

How To 205