New IDC MaturityScape Benchmark: IT Strategy and Innovation in the United States
January 6, 2015 - International Data Corporation (IDC) announced a new report, IDC MaturityScape Benchmark: IT Strategy and Innovation in the United States (Doc #252532).
Infosys expands its CSR activities with Infosys Foundation, USA
December 30, 2014 - Infosys today announced that it would expand its Corporate Social Responsibility (CSR) activities in the Americas through its philanthropic arm, the Infosys foundation, USA. It would focus on making quality computer science education widely and easily accessible across communities in the Americas. The company also announced the appointment of Mrs. Sudha Murty, Mrs. Vandana Sikka and Mr. Sandeep Dadlani as the trustees of Infosys Foundation, USA. The initial outlay for Infosys Foundation, USA, would be USD 5 Million per annum.
Russian criminals hack in to bank networks to steal $18 million
December 22, 2014 - A group of Russian cybercriminals which specialises in gaining access to the internal payments networks of banks has stolen more than $18 million over the past six months.
US community banks claim $90 million costs for Home Depot breach
December 19, 2014 - US community banks are calling for a crackdown on merchant security protocols after reissuing nearly 7.5 million credit and debit cards at a total cost of more than $90 million as a result of the Home Depot data breach.
Payments Council to explore prospects for providing more information with payments
December 19, 2014 - The UK's Payments Council has committed to explore options for incorporating richer data sets alongside business and consumer electronic payment transactions.
Banking Executives in Asia Cite Regulatory Risk as Top Business Threat
December 17, 2014 - In a joint survey released today from Wolters Kluwer Financial Services and Regulation Asia, banking executives indicated regulatory risk as the issue posing the greatest threat to their business. Reputational risk came in second, with credit risk and IT risk also named top threats. Seventy-three percent of those surveyed indicated they were "very concerned" about managing compliance in the face of ongoing regulatory change.
Financial Institutions Set to Use Regulation as Platform for IT Innovation
December 18, 2014 - Banks and insurers are moving away from perceiving regulation as a cost centre and in 2015 will be using it as a way to shoehorn extra budget for technological innovation within their organisations, according to predictions from business technology change consultancy Certeco.
Researchers tap quantum physics for fraud-proof credit cards
December 16, 2014 - Forget chip and PIN, Dutch researchers claim to have harnessed the power of quantum mechanics in a way that could be used to make card fraud a thing of the past.
