Digital overtakes regulation as top priority for global banks
March 10, 2015 - The rush to implement new digital technologies has overtaken regulatory worries as the highest priority for global banking executives, according to a new report from the Economist Intelligence Unit.
Campaign pushes for US adoption of chip and PIN
March 9, 2015 - A campaign designed to put pressure on US card issuers to embrace chip and PIN, rather than just chip and signature, technology has been launched.
Investment Banks Must Implement Conduct Risk Strategies
March 9, 2015 - Investment banks globally must begin implementing measures to offset the risk that they could be fined by regional or global regulators for employee misconduct, according to a new research report from GreySpark Partners, a capital markets consulting firm. These risks also extend to regulatory fines and legal costs resulting from organisational misconduct ranging from illegal trading activities to corruption and other forms of illegal or scandalous behaviour. The GreySpark report, Best Practices in Conduct Risk 2015, explains what banks can do to offset threats to profitability related to a growing emphasis on conduct breaches and employee behaviour following the financial crisis.
State regulator alerts Pioneer Savings Bank customers to potential breach
March 6, 2015 - Benjamin M. Lawsky, Superintendent of Financial Services, today issued a consumer alert following the recent breach of sensitive customer data at Pioneer Savings Bank, encouraging customers who think they may have been impacted to take the appropriate steps to protect themselves.
London police arrest 35 during four-day crackdown on cyber criminals
March 6, 2015 - A 16-year-old believed to have carried out hundreds of cyber attacks on businesses, and a family of suspected fraudsters are among 35 people arrested by the Metropolitan Police Service (MPS) during a nationwide campaign to bring down cyber criminals.
ID fraudsters stole $16bn from Americans in 2014 - research
March 5, 2015 - Identity fraudsters stole $16 billion from 12.7 million Americans last year, with a new victim every two seconds, according to Javelin Strategy & Research.
Rise of enterprise technologies means CIOs must take the lead to align business and IT, argues new EIU e-book
February 27, 2015 - A new e-book published today by The Economist Intelligence Unit advises CIOs and IT executives to lead a culture of mutual communication and cooperation as new technologies, especially the cloud and advanced applications, rapidly change how enterprises operate.
Visa and MasterCard report strong bank uptake for HCE-based mobile payments
February 27, 2015 - Banco do Brazil, PNC Bank and US Bank are set to join the growing band of finacial services firms working with Visa to offer their customers HCE-based contactless mobile payments.
