December 12, 2014 - Mobile authentication startup Payfone is working with US financial institutions to introduce technology that utilises the same security standards applied by wireless operators to identify their customers as they log-in to m-banking apps.
December 11, 2014 - Despite ever-growing volumes of data, just over half of banks still think that not having enough is the greatest obstacle to better risk management, according to a survey from the Economist Intelligence Unit.
December 11, 2014 - US mobile payments outfit Charge Anywhere has admitted that malware has been lurking on its network for five years, putting unencrypted payment card data at risk.
December 11, 2014 - Wolters Kluwer Financial Services and governance, risk and compliance expert and GRC 20/20 founder, Michael Rasmussen, today announced the release of a new report, "Regulatory Change Management: Effectively Managing Regulatory Change in Financial Services."
December 10, 2014 - The largest private bank in Ecuador, Banco Pichincha, has selected MetricStream to provide a multi-lingual cloud-based solution for business continuity management (BCM).
December 10, 2014 - Some of Wall Street's biggest banks will face tough new cyber-security assessments under plans from New York state's financial services watchdog.
December 9, 2014 - With progress towards a single euro payments area well in train, the European Central Bank has identified instant payments with immediate availability of funds as the industry's next frontier for harmonisation and cross-border collaboration. In its second meeting, on 1 December 2014, the Euro Retail Payments Board (ERPB), a multi-stakeholder group chaired by the European Central Bank (ECB), decided to step up work on the topics of instant payments in euro, and person-to-person mobile payments and contactless payments.
December 9, 2014 - A senior executive at Deutsche Bundesbank has warned that banks will have to spend considerable sums on upgrading their IT systems if they are to cope with insatiable regulatory appetite for new data reporting standards.