Justice ministers appriove EU data protection rules package
June 15, 2015 - Today, Ministers in the Justice Council have sealed a general approach on the Commission proposal on the Data Protection Regulation.
London rated world-best for fintech - SBC
June 15, 2015 - A survey conducted with the global fintech community by Startupbootcamp FinTech, the leading accelerator focused on financial innovation and part of the global Startupbootcamp network, finds that London has further increased its position as the world's leading city in fintech. 63% of respondents selected London compared to 51% that chose the city in 2014.
Swift issues ISO 20022 best practice guidelines
June 15, 2015 - SWIFT announces that its Standards Consulting Services team has delivered over 150 ISO 20022 consulting projects to more than 70 clients across the globe.
Nexo bids to drive unified card payment standards
June 15, 2015 - Nexo, the association set up to develop and promote open standards for card payments, has announced the findings of a study that explores the benefits of harmonising card payment acceptance for Europe's leading retailers.
Sifma urges swift passage of Senate cybersecurity legislation
June 10, 2015 - SIFMA today released the following statement from president and CEO Kenneth E. Bentsen, Jr., after Senator Richard Burr offered the Cybersecurity Information Sharing Act (CISA) as an amendment to the National Defense Authorization Act (NDAA):
HSBC to slash jobs and overhaul IT
June 9, 2015 - HSBC is to shed 50,000 jobs globally in a major restructuring that is intended to save the bank $5 billion per annum by 2017.
Visa amends rules to help airline industry fight CNP fraud
June 9, 2015 - Visa Inc. announced at a recent meeting of the Airlines Reporting Corporation (ARC)-sponsored Credit Card Working Group (CCWG) that effective October 2015 it will accept airline-supplied flight manifests as a remedy for fraud payment card chargebacks.
Financial services top target for cyber attacks
June 9, 2015 - Out of more than six billion analyzed attacks in 2014, finance represents the No. 1 targeted sector of malicious cyber attacks, according to new report from NTT Group.
