(LYG) – Analyzing Lloyds Banking Group’s Short Interest

Lloyds Banking Group’s (NYSE:LYG) short percent of float has risen 16.67% since its last report. The company recently reported that it has 11.53 million shares sold short, which is 0.07% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.6 days to cover their short positions […]

Careless Talk Costs Fines for the Banking Industry as 7T.co Launches Instant Messaging App

7T.co launches an instant messaging app that overcomes record-keeping and data security issues while ensuring end-user privacy. The Dallas-headquartered digital transformation company, 7T.co, has created an instant messaging app, SayHey Messenger, to help the banking industry improve data security and electronic communication record-keeping and better achieve and maintain regulatory compliance. The company’s latest announcement comes […]

Game Changer or Risky Bet: How Fintechs Can Better Navigate Open Banking Governance in Canada

Fintechs are voicing concern about how the advent of the chosen governing body for open banking in Canada’s financial industry will impact third-party competition, amidst speculation that such a utility will soon arrive. Opinions around this controversial topic remain split, as some are opting for an industry-led approach to governance in open banking, while others […]

OCR Labs: Four Major Changes in Online Identity Verification

Most people have accepted that Covid initiated or facilitated significant changes in our lives and work. From the new world of remote and hybrid working to permanent global changes in how businesses operate, very little is the same as in 2019. Some changes have been good, some bad, and others, it’s too soon to tell […]