June 13, 2014 - Forgoing a kick around in the playground, a couple of teenage boys spent one school lunch break last week hacking into a Bank of Montreal cash machine.
June 12, 2014 - Speaking at the U.S. Chamber of Commerce 10th Annual America's Small Business Summit and Small Business Expo this week, the PCI Security Standards Council (PCI SSC), an open, global forum for the development of payment card security standards, initiated a call for 50 organizations to step forward in a collaborative effort to increase payment security awareness in the global small business community.
June 11, 2014 - US restaurant chain PF Chang's China Bistro has confirmed that is investigating a data breach that may have seen customer card details stolen.
June 10, 2014 - The Bank of England has set out a new framework designed to test for cyber vulnerabilities at financial institutions.
June 9, 2014 - Dark pool operator Liquidnet has agreed to pay $2 million to settle SEC charges that it improperly used confidential trading data from its subscribers.
June 6, 2014 - Thank you for that kind introduction. And my sincere thanks to everyone here for joining this lunchtime session. It's a great pleasure and privilege to return to New York. I want to offer a few reflections this afternoon on market innovation and, in particular, the on-going debate around high frequency trading (HFT), which has dominated global media over the last few months.
June 6, 2014 - The European Banking Authority (EBA) published today final draft Regulatory Technical Standards (RTS) on the methodology for identifying Global Systemically Important Institutions (G-SIIs), final draft Implementing Technical Standards (ITS) on special disclosure rules applicable to G-SIIs, and final guidelines on special disclosure rules for large institutions.
June 5, 2014 - UK card spending has more than doubled over the last decade, topping half a trillion pounds last year, according to industry figures.