Regulators consult on risk reporting standard for CCPs
October 15, 2013 - The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) have today published for public comment a consultative document on the Public quantitative disclosure standards for central counterparties.
EE targets the City with network-integrated mobile call recording service
October 14, 2013 - Telco giant EE is setting its sights on the City of London with the UK's first network-integrated mobile voice recording service for firms that need to comply with FCA mobile trading rules.
East reports 32% rise on European ATM-related fraud attacks
October 14, 2013 - East (the European ATM Security Team) has reported a 32% increase in ATM related fraud attacks, despite a 9% fall in card skimming incidents.
Cybersecurity approaches to APTs are often 10 years out of date, says new ISACA Book
October 11, 2013 - Many of today's most destructive advanced persistent threats (APTs) were conceived a decade ago, so enterprises that rely on most traditional approaches to cybersecurity are unlikely to succeed against the next generation of attacks. This is one of the cautions in a new book published by global IT association ISACA in Cybersecurity Awareness Month.
UK government creates payments watchdog to boost competition
October 10, 2013 - The UK government is setting up a utilities-style payments regulator in a bid to make it easier and cheaper for new entrants to take on the high street banks.
Discontinuation of support for Microsoft XP poses operational risks to banks - FFIEC
October 9, 2013 - The Federal Financial Institutions Examination Council (FFIEC) has warned that plans by Microsoft to discontinue support for the XP operating system pose operational risks for banks that still use it.
Regulatory change could cost European fund managers up to $500 million per annum, according to study by BNY Mellon and EY
October 9, 2013 - The European funds industry faces extra expenses totalling between $300 million and $500 million (approx EUR220 million to EUR365 million) per annum over the next three years to address new regulatory requirements, according to a study by BNY Mellon, the global leader in investment management and investment services, in association with EY.
Real-time payments to be universal within five years - ACI survey
October 9, 2013 - Real-time payments are expected to be universally available across financial services institutions within five years, reveals a recent survey by ACI Worldwide (ACIW).
