MPOS uptake in Europe set to boom - Visa
May 13, 2014 - According to a study into the acceptance of new payment solutions published by Visa Europe today, mPOS (mobile point of sale) usage by small businesses (SMEs) in Europe will take off dramatically in 2014.
Insider Threat Report Shows Third Party Contractors and Compromised 'Privileged User' Credentials Worry Financial Services Firms
May 12, 2014 - Vormetric, a leader in enterprise data security for physical, virtual and cloud environments, today announced further analysis of its 'Insider Threat' report, conducted in 2014 with industry analyst firm Ovum. Focusing on just those responses from IT decision-makers at financial services organisations in France, Germany, and the United Kingdom (a total of 92 responses), the research reveals how firms in the financial sector are evaluating their exposure to insider threats, and the steps they are taking in order to mitigate the risks.
SEC issues alert on bitcoin risks
May 8, 2014 - The US Securities and Exchange Commission (SEC) is warning investors that getting involved in bitcoin is a risky business that could leave them open to fraud.
Hackers nab personal details of 1.3m Orange France customers
May 8, 2014 - French telco giant Orange says that thieves made off with the personal information of 1.3 million customers last month but that payment data was not taken.
Cutter Associates Finds Ops Professionals Optimistic About Improved Corporate Actions Processing
May 8, 2014 - A recently completed research study by Cutter Associates found that operations professionals are optimistic for a renewed focus on corporate actions processing in the next few years. Citing manual processes and increased risk as driving factors, firms are changing practices and assessing systems solutions available to help improve automation around the corporate actions function.
Capita Managed IT Solutions to create 400 jobs
May 8, 2014 - Capita Managed IT Solutions has announced that it is to create 400 jobs in a £29.9m investment over the next three years.
IT renewal set to accelerate as banks seek to restore profitability and address digitization, finds new Temenos / Deloitte study
May 8, 2014 - Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, today announces the publication of its new paper "Restoring Profitability in the Digital Age", written jointly with Deloitte. The paper, which is an update to "Bridging the Profitability Gap", takes a fresh look at the banking industry and the trend in profitability.
Check Point’s 2014 Security Report Shows Data Losses and Malware Rise in Financial Organisations
May 8, 2014 - Check Point has issued its 2014 Security Report, its second annual report uncovering the major security events that occurred and impacted organisations across the world in 2013. Of 150 major financial organisations worldwide, 88% had a data loss incident in 2013, up from 61% in 2012. But despite the numerous high-profile credit card breaches that took place in 2013, Check Point's research found that PCI data loss events in financial organisations slightly reduced to 33%, compared with 36% in 2012.
