December 5, 2014 - Women's clothes retailer bebe stores says that its payments processing system was hit by hackers last month, putting customer card data at risk.

December 4, 2014 - A US judge has given financial institutions the go-ahead to proceed with their lawsuit against Target over losses associated with last year's data breach at the retailer.

December 4, 2014 (Bloomberg) - Clearinghouses meant to reduce swaps market risk must face greater oversight to ensure they don't threaten the financial system, according to a member of the U.S. Commodity Futures Trading Commission.

December 3, 2014 - Company boards must work more closely with their CIOs if they are to benefit from 'disruptive' technologies, including cloud computing and mobile internet, that have the greatest potential to drive innovation and growth. This is a key finding in a new report - 'The Board and the CIO'- published today by Advanced 365 (Advanced).

December 2, 2014 - The Ovum ICT Enterprise Insights * program, based on interviews with 6,500 senior IT executives, has revealed that the payments industry is set to be a key area of focus for banks across the globe in 2015.

December 2, 2014 - Plans by Wall Street watchdog Finra to introduce an automated data collection system designed to help identify risky and suspicious activities have been blasted by lobby group Sifma on cost, security and privacy grounds.

December 2, 2014 - More than three-quarters of online merchants (79%) believe the growing proliferation of markets, purchasing channels and payment methods pose a significant challenge for effectively dealing with fraud, according to the Fragmentation of Fraud report released today by global payments specialist Worldpay.