Israel’s High Tech Boom Threatened by Shallow Labor Pool

By Tova Cohen and Ari Rabinovitch TEL AVIV (Reuters) – In the high tech hub of Tel Aviv, where companies have been responsible for ground-breaking advances like the USB stick,

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Tax Haven Route Won’t Work for Post-Brexit UK, OECD Says

By Tom Bergin LONDON (Reuters) – The United Kingdom is unlikely to try to lure international investment by becoming a tax haven after it leaves the European Union, according to

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Fed Internal Watchdog to Study Oversight of Cybersecurity at Banks

WASHINGTON (Reuters) – The Federal Reserve’s internal watchdog plans to study how well the central bank is overseeing cybersecurity practices at financial institutions, the U.S. central bank said on Monday.

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Bank of Canada Studies Payments System Using Tech Behind Bitcoin

By Ethan Lou and Leah Schnurr TORONTO/OTTAWA (Reuters) – The Bank of Canada is experimenting with a payments system based on the technology behind the bitcoin virtual currency, the central

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NY Fed First Rejected Cyber-Heist Transfers, Then Moved $81 Million

By Krishna N. Das and Jonathan Spicer DHAKA/NEW YORK (Reuters) – Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a

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Oracle Hit With Whistleblower Lawsuit Over Cloud Accounting

(Reuters) – Oracle Corp <ORCL.N> was sued on Wednesday by a former senior finance manager who claimed she was terminated in retaliation for complaining about improper accounting practices in Oracle’s

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Fed Records Show Dozens of Cybersecurity Breaches

By Jason Lange and Dustin Volz WASHINGTON (Reuters) – The U.S. Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as “espionage,”

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Financial Tech Startups Compete for Overlooked U.S. Immigrant Market

By Gabriel Stargardter MEXICO CITY (Reuters) – For two decades, Noe Sanchez sent money from California to his father in Mexico City through storefront outlets of traditional remittance firms such

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Special Report: Cyber Thieves Exploit Banks’ Faith in SWIFT Transfer Network

By Tom Bergin and Nathan Layne LONDON/CHICAGO (Reuters) – Shortly after 7 p.m. on January 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in

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Google Says ‘No’ to Payday Lender Ads

By Narottam Medhora and Richa Naidu (Reuters) – Google, a unit of Alphabet Inc <GOOGL.O>, said it would ban advertisements for payday loans as these “deceptive or harmful financial products”

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