Cybersecurity Tops CFO’s Risk Agenda

New research commissioned by global S&P500 corporate payments company, Corpay, finds that 99% of UK finance leaders surveyed have experienced payments-related cyber incidents in the past two years, exposing the fragility of legacy systems and an urgent need for change.  

With finance functions now a frontline target, the research saw ‘cybersecurity threats’ attract the largest percentage of responses (42%) from surveyed CFOs when asked what operational risk they were most concerned about over the next 12-24 months. In addition, nearly all of those surveyed (94%) plan to increase cyber investment over the next year3, with more than half (51%) preparing a significant uplift.  

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Malta’s Residency-By-Investment: Permanent Benefits and Immediate Stability

Malta has redefined the concept of residency-by-investment with a programme that offers not only offers added value in terms of benefits, but also efficiency via a straightforward and transparent application process and requirements, Thanks to updated financial criteria and an even more streamlined application process, the Malta Permanent Residence Programme (MPRP) now stands as one of the most accessible and attractive gateways to a secure future in Europe.

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Stop the fearmongering:

Five ways Rachel Reeves can champion SMEs ahead of the Autumn Statement

By Douglas Grant, Managing Director at Conister Bank

As signs of economic recovery were beginning to appear this year, it’s crucial to empower small and medium-sized enterprises (SMEs) with the support they need to flourish. SMEs are the backbone of our economy, driving innovation, creating jobs, and stimulating local communities. However, under Labour’s leadership so far, the rhetoric has been fiscal fearmongering as SMEs face the challenge of uncertainty that risks hindering rather than boosting their growth.

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Navigating Transformation

In this interview with David Power, the accomplished CEO of BNF Bank, we gain insights into his transformative leadership journey. With a distinguished career spanning global financial hubs, David has steered BNF Bank to new heights.

New European Economy: What can you tell us about the achievement of third-country branch authorization in the UK? Why is this such a significant and positive development for BNF Bank and its clients?

David Power: BNF Bank has actively operated in the  United Kingdom through its London branch since 2019. In November 2023, we obtained approval to operate a third-country branch authorized by the Prudential Regulation Authority (PRA) within the Bank of England, with the consent of the Financial Conduct Authority (FCA).

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Capital Security Bank – New CEO 2024

Capital Security Bank (CSB) is pleased to announce the appointment of Joseph Horn-Smith as its new Chief Executive Officer.

Mr. Horn-Smith has served as CSB’s Chief Operating Officer since February 2021.  In this capacity, he has been instrumental in driving operational excellence and strategic initiatives across all business areas, and possesses a wealth of experience and an enviable track record in financial services. His strategic vision, commitment to innovation, and demonstrable ability to lead in a rapidly evolving market position him as the ideal candidate to guide CSB through its next phase of growth.

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