October 31, 2014 - The estimated combined spend in 2012 and 2013 by banks on risk management systems was pegged at USD 44 Billion (Chartis Research – Global Risk IT Expenditure 2011, 2014-15) and is expected to reach a combined spend of USD 59.9 Billion in 2014 and 2015.

October 30, 2014 - A significant proportion of North Americans - 40% - have used their smartphones to make payments at merchant locations, up from just 16% two years ago, according to an Accenture survey.

October 30, 2014 - Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management, has introduced a new technology for Enterprise Model Risk Management - Numerix Model Validation Studio.

October 30, 2014 - CEB TowerGroup analysts named AIM Software's GAIN Data Management a "Best-in-Class" Vendor for Business Process Improvement and for Product Scope.

October 29, 2014 - The global big data market is forecast to show a compound annual growth rate of 26 percent—jumping from $14.87 this year to $46.34 billion by 2018, according to a new report from research firm MarketsandMarkets. 

October 28, 2014 - ACL today announced that Spokane-based Washington Trust, a community bank offering personal, small business, and commercial banking, has chosen ACL GRC to establish a risk-based approach to its auditing processes.

October 29, 2014 - Financial institutions the world over are raising their innovation spend significantly in a desperate attempt to fend off the threat to the established hegemony from technology companies, telcos, and emerging startups, according to fresh data from Efma.