Morgan Stanley sued for failing to wipe client data from old computer equipment

Arizent.com Current and former clients claim personal information, including Social Security and passport numbers, have been exposed due to negligence.

Unsubscribe View in browser FINANCIAL PLANNING 1. Morgan Stanley sued for failing to wipe client data from old computer equipment By Ryan W. Neal 2 min read Current and former clients claim personal information, including Social Security and passport numbers, have been exposed due to negligence. Read More → FINANCIAL PLANNING 2. Financial services’ cybersecurity spending jumps 15%, survey finds 1 min read The pandemic and work-from-home arrangements are probably spurring larger budgets. Read More → AMERICAN BANKER 3. Google teams with more banks in offering digital accounts By Penny Crosman 1 min read Five banks, including BBVA USA and BMO Harris Bank, and one credit union will begin offering Google-branded bank accounts in 2021. Read More → HOT MIC Bringing incumbents up to speed in a digital age Q: What changes has technology brought to wealth management over the past 5 years? A: “It used to be, who’s going to [own] the platform. Now, with the open APIs, it’s really about figuring out the ecosystem. What’s that best-in-breed [technology] that you want to partner with in the market?” says Capco Partner Bryant Fuller. Get the whole conversation → Raising Capital Investors 'double down' on Remitly, driving value to $1.5B as coronavirus propels mobile remittances By Michael Moeser 4 min read Remitly has raised $85 million in its latest fundraising round, valuing the company at $1.5 billion as the COVID-19 pandemic drives consumers to increasingly send remittances digitally. Read More →

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