WallStreet Select

York Public Relations Launches as First Fintech Crisis Firm

Beyond cyber threats, financial services organizations and fintechs face other crises. Since 2008, regulators have imposed more than $253 billion in fines, creating severe strain for many institutions. Workplace harassment claims continue to climb, with more than 140,000 cases reported last year. Moreover, the FBI reports over 5,000 bank robberies per year, with just slightly over half of perpetrators ever being apprehended. Add to this the impact from this year’s coronavirus pandemic, forcing organizations across all industries to reevaluate how they operate as well as reestablish their brands.

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