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Transcripts For BBCNEWS Afternoon Live 20240714

The sacrifices of the thousands of men and women who fought to liberate europe. The invasion was the largest combined land, air and Naval Operation in history and one of the most decisive battles of the Second World War. Iam i am honoured to be stood here today in front of so many other veterans. You will never forget your comrades. We were all there together. It is right that the sacrifice of so many is being honoured 75 years on. We must never forget. Seniorfigures from every country that fought alongside the uk are attending theyve agreed a commitment to uphold democracy, tolerance and the rule of law. The other headlines at two oclock. Social workers are severely criticised over the brutal murders of two toddlers in northamptonshire. Creditors vote on whether to accept a rescue deal for sir philip greens retail group, arcadia. And women born in the 1950s take the government to court, over the way their pension ages were increased. Good afternoon were live in portsmouth, where the q

UK open banking efforts provide case study in risks, rewards tied to digital transformation

A man is seen withdrawing cash from HSBC Bank on October 28, 2020 in Stoke, England. Open banking is gaining traction in the United Kingdom, inspiring new tools to address fraud risk. (Photo by Nathan Stirk/Getty Images) A quasi-governmental entity in the United Kingdom is rolling out a new tool designed to boost fraud protections among open banking partners, offering an interesting lesson in risk management amid digital transformation. The Open Banking Implementation Entity – a non-profit created by British authorities and overseen by nine of the largest UK banks – was set up in 2016 to standardize and share customer banking information with a wider range of financial institutions, in part through an application programming interface that allows third party financial providers to access the data with permission.

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