European contactless spend grows six fold in 12 months - Visa
November 1, 2013 - European consumers have made 211 million contactless purchases in the last 12 months (August 2012 to July 2013), according to figures released today from Visa Europe.
Researchers raise contactless card security fears
October 31, 2013 - The security of contactless payment cards has again been called into question after researchers claimed to be able to pick up NFC data from as far away as 80 centimetres.
Asic fines ABN Amro $130K over DMA algo fail
October 30, 2013 - ABN AMRO Clearing Sydney Pty Ltd ("ABN AMRO") has paid a penalty of $130,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel ("MDP").
IBM Study: Security Officers Gaining a Strategic Voice, Transforming Technology and Business in Global Organizations
October 24, 2013 - A new IBM study of security leaders reveals that they are increasingly being called upon to address board-level security concerns and as a result are becoming a more strategic voice within their organizations.
Rutgers University to Inaugurate Center of Excellence for Financial Risk Management at Upcoming Conference
October 23, 2013 - Rutgers University has announced the establishment of Rutgers Center of Excellence in Financial Statistics and Risk Management (FSRM). The Center's mission is to serve as a central platform for interdisciplinary research and collaboration between academic researchers, students and practitioners in the financial industry. The inauguration will take place at Rutgers Statistics for Financial Risk Management Conference on November 7, 2013.
Bank of England chief says bank reforms not enough
October 24, 2013 - More reforms are needed in the financial sector if Britain is to remain a global business hub, the governor of the Bank of England said Thursday in a wide-ranging speech in which he also offered banks greater access to emergency loans.
Sifma calls for better communication following cyber-attack simulation
October 22, 2013 - In the wake of a cyber-attack simulation, US financial services industry trade body Sifma has called on politicians to bring in legislation designed to improve communication between the government and private firms.
Knight Capital reaches $12m SEC settlement over IT meltdown
October 16, 2013 - The Securities and Exchange Commission today announced that Knight Capital Americas LLC has agreed to pay $12 million to settle charges that it violated the agency's market access rule in connection with the firm's Aug. 1, 2012 trading incident that disrupted the markets.
