January 20, 2014 - Failing to improve cyber security could cost the world economy and lead to more frequent cyberattacks, according to a new report released today by the World Economic Forum in collaboration with McKinsey & Company.
January 17, 2014 - Algorithmica Research AB and FCG - The Financial Compliance Group AB are pleased to announce that FCG's risk and compliance services offering will be based on Algorithmica's ARMS and Quantlab system platform for financial analytics, market risk and compliance reporting.
January 16, 2014 - A new set of guidelines has been issued by the Basel Committee on Banking Supervision which covers how banks should manage the risks related to money laundering and the financing of terrorism.
January 16, 2014 - Five years after the financial crisis, progress on timely and accurate counterparty risk measures has been largely unsatisfactory, reports the Financial Stability Board.
January 16, 2014 - The global technical body EMVCo will expand its scope to lead the payments industry in its work to standardise payment tokenisation. The new specification will help provide the payments community with a consistent, secure and interoperable environment to make digital payments when using a mobile handset, tablet, personal computer or other smart device.
January 15, 2014 - New rules governing trading and financial markets in Europe have been agreed by the European Commission (EC), Parliament (EP) and the bloc's national Council of Ministers this week. The Markets in Financial Instruments Directive (MiFID) II stipulations, which have the strength of a Regulation for some aspects in their updated form, creating the alternate MiFIR moniker, seeks to transform the securities market in Europe, as its predecessor did.
January 15, 2014 - Following recent cyber-attacks and data leaks on retail giants Target and Neiman Marcus over the festive period, data security and forensics experts Foregenix have announced the launch of their latest data security solution that reduces the root cause of online fraud - Foregenix Security Essentials (FSE).
January 14, 2014 - The next 12 months will see financial firms increase their investment in technology to drive business growth and manage the market challenges that 2014 will throw at them.
