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August 21, 2014 - (Bloomberg) A European Commission plan to separate lenders' consumer and investment-banking arms must be halted, said KPMG LLP, auditor to some of Europe's largest banks.

August 21, 2014 - Package delivery giant UPS has become the latest company to admit that customer payment card details may be at risk after it discovered malware at 51 of its US stores.

August 20, 2014 - Credit and financial management service Credit Karma has been ordered to beef up its security after a US watchdog found that its mobile app left users' sensitive personal information vulnerable.

August 19, 2014 - PricewaterhouseCoopers has been fined $25 million by New York State's financial watchdog after it sanitised a report for regulators into anti-money laundering at Bank of Tokyo-Mitsubishi UFJ (BTMU).

August 15, 2014 - US supermarket chain Supervalu has become the latest retailer to admit that it has been hacked and that customer card data may have been stolen.

August 13, 2014 - More than 575 million US payments cards will feature EMV chip security by the end of next year, according to a trade body set up to push the migration from magstripe plastic.

August 8, 2014 - Global retail bank IT spending is to set to rise 19.9% over the next four years to hit $150 billion in 2018, according to figures from Ovum.

August 8, 2014 - One-in-ten banking apps are wide open to a malicious drive-by hacking exploit that exposes user credentials when visiting bug-laden websites.

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