Ransomware Attack Shuts Down Nevada State Services
The Nevada state government is reeling from a ransomware attack that has disrupted nearly all state functions and compromised an undisclosed amount of personal information. Governor Joe Lombardo revealed that government offices were closed and online services taken offline to prevent further intrusion in the wake of the network security incident. State Chief Information Officer […]
Google Is Building a Universal Blockchain for Financial Institutions
As more financial services-oriented blockchains emerge, Google plans to launch a neutral, global blockchain for the industry. In a LinkedIn post, Rich Widmann, Head of Web3 Strategy at Google Cloud, provided details on the new offering, dubbed the Google Cloud Universal Ledger (GCUL), noting that the layer-1 blockchain has been years in the making. He […]
Why Bill Pay Is an Underutilized Touchpoint for Financial Institutions
Amid the rise of subscriptions and digital services, consumers are juggling more bills than ever. In fact, the average U.S. household now pays around 10 bills each month—a growing list that can be tricky to track and manage. While more consumers are turning to their financial institution for help managing these responsibilities, many banks have […]