September 1, 2015 - A former US Secret Service agent has pleaded guilty to stealing $820,000 worth of bitcoin during the investigation into the Silk Road dark bazaar.
August 27, 2015 - BNY Mellon and its fund manager clients are scrambling to assess the damage caused after a third party system run by SunGard and used by the bank to value assets worth billions of dollars broke down.
August 25, 2015 - A man has been given an 18 month prison sentence for hacking into hundreds of phones belonging to Aviva in an act of revenge against his former company, a security vendor contracted by the insurance firm.
August 25, 2015 - International tech vendors could face difficulty selling to Chinese banks after Reuters reported that the Chinese government is set to revive controversial cyber security rules that limits the amount of technology that Chinese banks can buy from overseas vendors.
August 19, 2015 - A new research report from management consulting firm Cornerstone Advisors finds that as banks and credit unions struggle with an overload of technology projects, the remedy is having more technology—not less technology.
August 18, 2015 - While companies around the world are taking note of the growing emergence of mobile and digital payment applications, many treasury departments still grapple with the continued existence and enormous cost of paper payments.
August 19, 2015 - The Securities and Exchange Commission today announced that Citigroup Global Markets has agreed to settle charges that it failed to enforce policies and procedures to prevent and detect securities transactions that could involve the misuse of material, nonpublic information.
August 18, 2015 - Visa has reportedly reached a settlement of up to $67 million with Target to reimburse member banks for expenses accrued following the massive 2013 data breach at the US retail chain.