Half of US consumers unfamiliar with mobile payments - Verifone survey
January 12, 2015 - As the infrastructure for widespread use of in-store mobile payment locks into place across the U.S., the industries involved can accelerate adoption by better educating consumers on the performance and ease of use of mobile pay services, a recent survey by Verifone of U.S. consumer attitudes suggests.
Standard Chartered in hunt for new chief risk officer and CIO as incumbents retire
January 9, 2015 - Standard Chartered PLC "the Group" is announcing the retirement of Richard Goulding as Chief Risk Officer and Jan Verplancke as Chief Information Officer and Group Head of Technology and Operations from the Group, and as Directors of the Court of Standard Chartered Bank.
North American banks disillusioned with big data analytics - Aite survey
January 9, 2015 - Despite the hype surrounding big data, three quarters of North American bankers are dissatisfied with analytics technology, according to research from Aite Group.
IBM cyber crime data offers both good and bad news for retailers
January 8, 2015 - First the good news: The number of cyber attacks on retailers dropped by half in 2014. The bad news? The thieves are escaping with much bigger hauls as assaults show a greater degree of sophistication.
Wolters Kluwer Financial Services Identifies Top Compliance Issues in 2015 for U.S. Banks and Credit Unions
January 8, 2015 - Regulatory experts from Wolters Kluwer Financial Services have identified a list of top compliance issues facing U.S. financial institutions in 2015. Heightened regulatory scrutiny, together with the enactment of major new regulations and pending rule changes, will represent significant challenges of varying impact for financial institutions from an operational, procedural, governance, staffing, and technology standpoint, including:
EMVCo to Manage Next Generation of 3D-Secure Specification
January 8, 2015 - The global technical body, EMVCo, will increase its scope to lead the payments industry in advancing the next generation of 3D Secure (3DS), the online authentication protocol, to support new and emerging technologies in the remote payment environment.
Thomson Reuters Wins Inaugural GRC Award in Risk Technology Rankings
January 7, 2015 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that it has won the Governance, Risk & Compliance (GRC) category in the 2014 Risk Technology rankings. This is the first year that this category was introduced in order to reflect the growing importance and interest in the space amongst risk managers.
Retail Banks turn to IT to drive revenue in 2015
January 6, 2015 - Retail bank IT investment in 2015 will be focused squarely on driving revenue growth, according to new research from Ovum, the global analyst house. Digital channels will be at the heart of this activity, particularly as the improving economy has meant reducing costs and headcount is no longer a priority. The large majority of investment made in 2015 will be focused on progressing with an omnichannel experience for customers.
