“Must Reads” for 8 February

Today’s “Must reads” in banking, fintech, payments, cybersecurity and risk management include:

• Gen Z is defining digital banking. FinTech is listening
• Treasury under Yellen to prioritize climate change, sanctions, AML reform
• How to defend against today's top 5 cyber threats - Help Net Security
• What Happens When Cybercriminals Target Industrial Robots?
• The U.S. Banking and Payments Market: A crucible of Fintech Innovation
• Robinhood raises another $2.4 billion, Eases trading curbs
• Jack Ma's Ant Group reportedly plans to transform into a financial holding company overseen by China's central bank

The GameStop Rally Explained

Why it's likely not what it seems

How Short Selling Works

Short selling lets investors bet against a stock, profiting when it falls in price, but how exactly does a short work? In this video Richard Coffin discusses the process and the risks it entails.

How the GameStop short-sellers play - Charts that Count

The FT's US finance editor Robert Armstrong looks at a company whose shares soared more than 400 per cent just two weeks ago as amateur stock traders took on Wall Street to make money from its fortunes.

 You can get more information on this story from the FT article;

"GameStop curbs put clearing houses under the spotlight"

GameStop: what it reveals about the US stockmarket - The Economist

The frenzied rise of GameStop’s share price baffled Wall Street and panicked the US Treasury. What does the GameStop story reveal about American stockmarkets? "Economist" experts answer your questions.

“Must Reads” for 5 February

Today’s “Must reads” in banking, fintech, payments, cybersecurity and risk management include:

• It's Time for Banking Providers to Stop Faking Digital
• Capital One fined $390M for ‘egregious’ AML compliance failures
• Why a dawn of technological optimism is breaking
• Need a Hypothesis? This A.I. has one
• Digital currencies and the future of the monetary system
• Working from home: Asynchronous schedules could be the new way to work

The Internet of Things and why it matters

The Internet of Things, which is commonly called IoT, refers to the billions of devices around the world that are connected to the internet through sensors or Wi-Fi. It's basically a giant network of objects that connect to the internet. Each device collects data, and this data, known collectively as big data, is exchanged and analyzed.

Learn about IoT's benefits for businesses, IoT security risks, IoT-related jobs, how industries and smart cities are using IoT, and more in this post from TechRepublic - Internet of Things (IoT): Cheat sheet