December 16, 2015 - Banks across the world are set to significantly increase spending on new payment technology in 2016, according to a study by analyst house Ovum.
December 15, 2015 - The Securities and Futures Commission (SFC) has reprimanded J.P. Morgan Broking (Hong Kong) Limited (JPMBHK), J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and J.P. Morgan Securities (Far East) Limited (JPMSFE) (collectively "JP Morgan"), and fined them $15 million, $12 million and $3 million respectively for various regulatory breaches and/or internal control failings.
December 14, 2015 - Throughout 2015, the asset management industry has begun a fundamental shift in the way they view and approach data management. After years of increased regulatory and investor demands for heightened transparency, asset management back-office technology and data have become highly fragmented. The recent regulatory push has also driven asset managers to collect volumes of data about their business and investing strategies.
December 14, 2015 - Spending by financial institutions on blockchain projects will exceed $1bn in 2017, making it one of the fastest developing enterprise software markets of all time, says boutique investment bank Magister Advisors.
December 11, 2015 - Courion, a leading intelligent Identity Governance and Administration (IGA) solutions provider, announced today the acquisition of Core Security, a leader in the vulnerability management and attack intelligence space.
December 9, 2015 - Nearly two-thirds of equity analysts (61 percent) who cover global capital markets institutions expect regulatory pressures on banks to intensify further through 2020, with potential new capital rules, informally known as "Basel IV," likely to have the greatest effect on their operations, according to a global survey of nearly 150 buy-side and sell-side analysts.
December 9, 2015 - UK and US bankers place fears about cybercrime at the top of a list of 24 possible risks to the financial services industry, beating off traditional worries about excessive regulation and economic growth.
December 8, 2015 - The European Payments Council (EPC), representing payment service providers, and the Cards Stakeholders Group (CSG), a multi-stakeholder body gathering retailers, vendors, processors, card schemes and the EPC, today published version 7.1 of the Single Euro Payments Area (SEPA) Cards Standardisation Volume (the Volume).
