London is world leader in financial technology
November 28, 2014 - London has cemented its position as a world leader in financial technology, with companies in the capital attracting more than US$539 million in venture capital investment so far this year – triple the amount raised in 2013 and more than half of all fintech investment across Europe.
Discover fires lawsuit alleging anti-competitive practices at Visa
November 26, 2014 - Discover has filed a lawsuit accusing rival card scheme Visa of anti-competitve practices in its debit card business.
CFTC finds deficiencies in market compliance
November 25, 2014 - The U.S. Commodity Futures Trading Commission's Division of Market Oversight (Division) today issued three separate rule enforcement reviews of certain Designated Contract Markets (DCMs).
European ATM Security Team publishes third fraud update for 2014
November 25, 2014 - The European ATM Security Team (EAST) has just published its third European Fraud Update for 2014.
ISACA Issues 23 New Audit Programs Aligned With COBIT 5
November 24, 2014 - Global IT association ISACA has issued 23 new audit programs aligned with the COBIT 5 framework. The new audit/assurance programs have been developed to help information systems (IS) audit and assurance professionals implement the good practices presented in COBIT 5 for Assurance and incorporate the seven enablers presented in COBIT 5 as part of a consistent assurance approach to assess IT risk.
RBS suffers another IT glitch
November 21, 2014 - The day after it was fined £56 million over an IT meltdown, Royal Bank of Scotland has suffered a minor glitch which has seen some customers unable to use their credit and debit cards.
Thomson Reuters Announces 10th Annual Compliance Awards Winners
November 20, 2014 - Thomson Reuters today announced the winners of its 10th Annual Compliance Awards. The winners were presented with their trophies at The Dorchester, Park Lane, London, compèred by Peter Haines, Peter Haines Compliance Consultancy Limited. Over 300 guests attended Wednesday evening's event including leading compliance professionals and friends from related industries.
RBS and Ulster Bank hit with £56 million fine over IT meltdown
November 20, 2014 - The Royal Bank of Scotland and its subsidiary Ulster Bank have been hit with a £56 million fine by regulatory authorities over a computer malfunction in 2012 that locked customers out of accounts and knocked out payments processing systems.
