In Depth
Analysis: Israel targets Hezbollah’s financial arm as part of strategy to hit its popular base
Israel took its war against Hezbollah to another level by targeting its financial institution, Al Qard Al Hassan, for allegedly funding the group's military activities. But experts view the move as part of Israel's determination to destroy the Iran-backed militant group and create a rift with its popular base.
What is the Hezbollah-linked financial institution Israel is targeting in Lebanon?
The Israeli military has carried out a wave of airstrikes targeting branches of a financial institution affiliated with Lebanon’s Hezbollah, saying the quasi-banking system is being used to fund the militant group’s military wing.
Israel says more strikes are coming against a Hezbollah-run financial institution
Israel says it is planning to carry out more strikes in Lebanon against a Hezbollah-run financial institution that it targeted the night before
Israel Strikes Hezbollah-Affiliated Financial Institution in Lebanon
Hasan, which functions as Hezbollah’s de facto banking arm but also operates as an alternative bank for Lebanese, were targeted around Beirut and across the country’s south and east.
'Beirut in flames' as Israel attacks Hezbollah-linked bank
Israeli fighter jets struck dozens of targets in Beirut and other areas of southern Lebanon overnight, including branches of a bank accused of holding funds used by Hezbollah.
Rolling Out53m
TD Bank faces $3 billion penalty for money laundering violations
For strategically underresourced communities, TD Bank's recent $3 billion fine for money laundering hits particularly hard.
New CFPB rules aim to boost competition in financial services
The Consumer Financial Protection Bureau (CFPB) on Tuesday unveiled rules intended to increase competition that would require ...
Impacts3d
Banking As A Service: Unlocking Opportunities For Institutions
Banking as a Service (BaaS) is reshaping the way financial services are delivered. It allows non-bank businesses to offer ...
Mastering The Multi-Brand Matrix For Modern Financial Institutions
The adoption of a multi-brand strategy in banking offers a dynamic approach to meeting diverse customer preferences.
'Open banking' rules for consumer data unveiled by US watchdog
The top U.S. consumer finance watchdog on Tuesday unveiled long-awaited rules that would make it easier for consumers to ...
bankingdive4h
CFPB issues final rule on open banking
Payment apps are included in the data-control rule, in a change from last year’s proposal. Banks and credit unions with less than $850 million in assets are exempt.
JD Supra6h
First Ever Targeted Guidance On Financial Institutions’ Compliance With Export Administration Regulations
On 9 October 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published its first ever ...
What is Hezbollah's Qard al-Hassan financial institution?
Israeli airstrikes overnight struck branches of a Hezbollah-linked financial institution, Al-Qard Al-Hassan Association, ...
Beirut divided: Israeli strikes fuel Lebanon’s sectarian tensions
Arrival of displaced people from southern areas of country spurs rising paranoia and raises fears of intercommunal violence ...