Tag: Financial Services
Cyberattack causes credit-card transaction issues in Israel
A cyberattack caused some Israeli businesses to experience credit card payment problems on Tuesday morning, Shva (Automatic Bank Services) reported.
According to the Israel-based company, a denial-of-service attack occurred starting at 7 a.m., causing disruptions...
Already under multi-state probe, MSCI allegedly penalizes Israeli banks that operate in Judea, Samaria
The state-owned Bank of China operates a branch in the Xinjiang Uygur Autonomous Region, where Washington has assessed that China is committing genocide against the ethnic Uyghur population. Still, the major U.S. investment advisory firm MSCI...
Jewish groups demand action from Morningstar following anti-Israel bias accusations
A wide swath of Jewish and pro-Israel organizations sent a letter to Morningstar executive chairman Joseph Mansueto and CEO Kunal Kapoor last week, urging the Chicago-based financial-services company to implement steps to root out anti-Israel bias at one...
Questions linger after state board closes investigation into Morningstar for anti-Israel bias
An Illinois state board tasked with ensuring that public money is not invested in entities that promote boycotts, divestment or sanctions against the State of Israel has faced criticism in recent weeks over its...
Notorious Ponzi-schemer Bernie Madoff dies at age 82
Jewish Ponzi schemer and disgraced financier Bernie Madoff died on Wednesday at the Federal Medical Center in Butner, N.C., at the age of 82, his lawyer confirmed.
His death was a result of natural causes and...
‘Hackathon’ seeks solutions to speed up international money transfers
The Bank of Israel’s Payment and Settlement Systems Department is urging those with expertise on international money transfers to join a global hackathon on the use of an advanced system for payments.
The goal is...
Report: US considers new sanctions on Iran’s financial sector
The Trump administration is considering additional sanctions on Iran’s economy that would include targeting around 14 banks and designating its entire financial sector, reported Bloomberg earlier this week, citing three people familiar with the matter.
A designation of...
Iranian financial-services executive pleads guilty to breaching US sanctions
An Iranian financial-services executive has pleaded guilty to conspiracy to violate U.S. sanctions on Iran, announced the U.S. Department of Justice on Tuesday.
Seyed Sajjad Shahidian, founder and CEO PAYMENT24, entered the plea on Tuesday...