June 9, 2015 - Out of more than six billion analyzed attacks in 2014, finance represents the No. 1 targeted sector of malicious cyber attacks, according to new report from NTT Group.
June 9, 2015 - HSBC is to shed 50,000 jobs globally in a major restructuring that is intended to save the bank $5 billion per annum by 2017.
June 8, 2015 - Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed the results of their recent research shows industry professionals believe mobile payments, NFC and contactless technology will reach mass adoption within five years despite previous results indicating they should already be mainstream.
June 5, 2015 - Hackers based in China are behind the massive data breach that could have compromised the personal data of at least 4 million current and former federal employees.
June 3, 2015 - The average cost of the most severe online security breaches for big business now starts at £1.46 million – up from £600,000 in 2014, according to government research published yesterday (2 June 2015) to raise awareness of the growing cyber threat.
June 2, 2015 - The legal fallout from Home Depot's data breach continues, with the retail giant asking a court to dismiss a consolidated class action lawsuit filed by consumers just as a collection of financial institutions launch their own suit.
June 2, 2015 - The Enterprise Data Management Council (EDM Council) received approval for Fibo Foundations as the first of thirty data content standards for the financial industry.
May 29, 2015 - Fintech may be all the rage, but it is in the mobile arena where the biggest bets are being placed, with over $1.1 billion raised globally across 58 financings in Q1 alone, according to data from CB Insights.
