May 27, 2015 - National Regulatory Services (NRS), part of Accuity, today announced the release of the ComplianceMAX (cMAX) Customer Complaints Module, created to allow its users to confidently manage, utilize and archive information pertaining to customer complaints. The module helps broker-dealers comply with FINRA Rule 4530 by centralizing all customer complaint information into a configurable workflow and automating FINRA filings.
May 27, 2015 - The global financial crisis has left consumer confidence in banks at an all-time low. This disillusionment has led to 'alternative challengers' in the FinTech industry offering alternatives to consumers and businesses. This growth is being underpinned by innovations in technology and FinTech's commitment to maintaining its integrity by implementing strict security and regulatory measures, believes Rosemary Fallows, Head of Operations at Money Mover.
May 26, 2015 - Tsys (TSS), a leading global payments provider, and PAX Technology, Inc., a global provider of electronic payment solutions, today announced a new semi-integrated solution that can help simplify the EMV certification process.
May 20, 2015 - Financial Services firms must take data security more seriously and adapt their strategies to mitigate the risk of emerging cyber-threats in what is tipped to be the sector's next disruptive decade. These are the findings of a new white paper commissioned by leading managed service provider, Advanced 365 (Advanced).
May 20, 2015 - Many corporate treasurers are in denial about the threat that financial fraud poses for them, according to the 2015 Kyriba / Association of Corporate Treasurers annual treasury survey. The survey of more than 300 treasury and finance professionals revealed that 53% of organisations have experienced attempted fraud (either external or internal), and more than half of these companies have suffered losses as a result of these attempts. Despite this risk, only 11% of treasury professionals view fraud as one of their three most pressing issues for the coming year, while just 6% said that their company's approach to fraud prevention is "poor."
May 20, 2015 - Financial messaging network Swift is working with a host of market infrastructure providers and banks to develop a framework for harmonisation of the ISO20022 standard, amid concerns that a proliferation of different flavours of the protocol will lead to fragmentation.
May 18, 2015 - BNY Mellon, a global leader in investment management and investment services, has expanded its analytical support for treasury services clients with the launch of Payment Analytics.
May 18, 2015 - With regulators around the world hammering away at banks' risk management, culture, and incentive compensation efforts, a new survey by Deloitte Touche Tohmatsu Limited (Deloitte Global) finds that financial institutions have a great deal more work to do on this front to meet heightened regulatory expectations — especially at the top of the house.
