Google has launched a new account recovery feature allowing users to regain access via a selfie video, stored encrypted on its servers. While offering convenience, the system raises privacy and deepfake security concerns, and is not available for Workspace or Advanced Protection Program accounts.
The Times of India introduces 'Hack of the Day' with a focus on passkeys as a secure, password-free alternative for digital accounts. Passkeys use biometrics or device locks, offering enhanced security against phishing and simplifying login processes.
UK financial regulator FCA found major banks are failing vulnerable customers, including the homeless, by pushing them towards unsuitable online applications instead of basic bank accounts. Nine institutions have agreed to improve access.
UK banks are failing vulnerable customers, including the homeless, by pushing them towards unsuitable online applications instead of offering basic bank accounts. The FCA found a third of customer experiences with these accounts were poor or very poor.
President Trump signed an executive order Thursday to create TrumpIRA.gov, a new website launching in 2027 where workers without employer-sponsored retirement plans can enroll in private-sector IRA accounts and receive federal matching contributions through the Saver's Match program. Low-income Americans earning up to $20,000 (single) or $40,000 (joint) qualify for up to $1,000 annually in matching funds. Roughly 56 million Americans lack access to employer-sponsored retirement plans, and 26 million eligible for Saver's Match currently have no way to collect it.
President Trump will sign an executive order Thursday to create a new retirement account for the roughly 56 million Americans without employer-sponsored retirement plans. The order integrates with the Saver's Match from Secure 2.0, providing up to $1,000 in federal matching contributions for workers earning up to $20,000 (single) or $40,000 (joint). The Saver's Match takes effect in tax year 2027, with Morningstar projecting a 12% wealth boost for eligible recipients.
President Donald Trump is expected to sign an executive order creating a new retirement account option for the approximately 56 million Americans who lack access to employer-sponsored retirement plans. The accounts would provide federal matching contributions of up to $1,000, integrated with the Saver's Match provision from Secure 2.0 legislation that takes effect in tax year 2027. Single taxpayers earning up to $20,000 and joint filers earning up to $40,000 would qualify for the 50% match on contributions up to $2,000.
South Korea's Kbank has signed a strategic partnership with Ripple to test blockchain-based overseas remittances, placing a bank with a central role in Upbit's KRW account access beside one of crypto's longest-running payments infrastructure firms. Local reports describe the work as a technical verification, or proof-of-concept, focused on whether Ripple's infrastructure can improve the speed, […] The post The South Korean bank powering Upbit is testing Ripple integration for cross-border payments appeared first on CryptoSlate.
