UK fintech industry bands together to push innovation agenda
August 6, 2014 - An industry body promising to be the 'voice of UK fintech' launched today, with more than 50 founding members onboard and the backing of government.
US retail lobby calls for open standards for tokenisation
August 4, 2014 - Today, the Food Marketing Institute, Merchant Advisory Group, National Association of Convenience Stores, National Grocers Association, National Restaurant Association, National Retail Federation, and Retail Industry Leaders Association released the following statement on tokenization technology in the United States:
European card fraud losses hit new high - Fico
August 4, 2014 - FICO, a leading predictive analytics and decision management software company, today published its latest map of card fraud in Europe, showing that card fraud losses in 2013 for the 19 European countries studied reached €1.55 billion.
US govt warns retailers about new POS malware family
August 1, 2014 - The US government has put out an alert warning retailers about a new family of malware, dubbed Backoff, targeting point-of-sale systems.
Finally, Sepa migration deadline day arrives
August 1, 2014 - After a 15 year slog, the Single euro payments area (Sepa) hits a major milestone today with the full implementation for credit transfers and direct debits in the euro area.
Survey Finds Lack of Proactive Data Reporting Hinders Success of Effective Business Intelligence Programs
July 30, 2013 - A global survey* undertaken by SunGard reveals the priority placed on business intelligence (BI) continues to heighten, but many organizations are challenged by the need to improve reporting techniques, business capabilities and information management.
Financial Services Industry Must Move On From Regulation − FSC-DST CEO Report
July 30, 2014 - The financial services industry must focus on innovation to drive productivity and economic growth, John Brogden, CEO of the Financial Services Council said today. Speaking at the launch of the 14th annual FSC-DST CEO Survey Mr Brogden said over the past three years the financial services industry has focused nearly one hundred per cent of its time and resources implementing processes to comply with new regulation.
DTCC and banks form client data and documentation utility
July 29, 2014 - Together with six founder banks, The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the establishment of Clarient Entity Hub, a financial industry solution designed to provide increased controls, standardization and transparency during the client on-boarding process and ongoing client lifecycle events.
