December 17, 2012 - A group protesting about the release of a film mocking the prophet Mohammed has promised to unleash a second wave of Distributed Denial of Service attacks against prominent US banks in the run-up to Christmas.
December 17, 2012 - Kalpesh Master, managing partner for managed services, SunGard's global services business, said, "As cost pressures and regulatory requirements continue to challenge financial institutions' and corporations' ability to grow revenue, they are looking to trusted outsourcing providers for additional managed services.
December 14, 2102 - A group of the biggest banks in the US could face a major cyber attack next year, internet security firm McAfee Labs has warned. In a new report, the company said the threat is linked to a malware program known as Project Blitzkrieg, which hackers say has been in development since 2008.
December 13, 2012 - Every year Celent gathers its analysts from across the globe to summarize the top trends in retail banking. These trends are discussed in the new report, Top Trends in Retail Banking 2013, from Celent, an international financial research and consulting firm.
December 13, 2012 - Markets in 2013 are likely to be heavily affected by government policies and politics, according to the Global Market Outlook from BNY Mellon Investment Management. Policy makers will be faced with the challenge of maintaining stability, while attempting to stimulate economic recovery, the report said.
December 13, 2012 - Visa and a group of Indian banks are tapping the country's biometrics-based national identity system to bring financial services and electronic payments to tens of millions of people.
December 12, 2012 - According to a survey from Detica NetReveal® a business division of BAE Systems Detica, investment in managing financial crime and compliance remains a high priority, with a significant uptick in planned expenditure for 2013.
December 11, 2012 - Standard Chartered has reached an agreement with several US authorities for its lack of compliance with various rules before the onset of the global economic slump.