September 5, 2014 - America's Federal Reserve Banks are moving ahead with plans to improve the country's payment infrastructure, promising to publish a roadmap in the coming months that could eventually lead to a faster payments system.
September 3, 2014 - US renovation chain Home Depot appears to be the latest US retailer to be hit by a massive credit and debit card breach.
September 3, 2014 - The Financial Services Roundtable (FSR) and the Securities Industry and Financial Markets Association (SIFMA) submitted a comment letter to the federal banking regulators today requesting changes to a host of banking regulations that are outdated, unnecessary or unduly burdensome for financial services companies.
September 3, 2014 - The Office of the Comptroller of the Currency (OCC) today published final guidelines to strengthen the governance and risk management practices of large financial institutions.
September 2, 2014 - A global survey undertaken by the Professional Risk Managers' International Association (PRMIA) and SunGard reveals an attitudinal shift among risk managers, who are now increasingly viewing risk management as a strategic core competency rather than just a regulatory obligation. The survey captured the views of more than 200 banking risk managers across the world about their collateral and exposure management priorities.
August 28, 2014 - Software quality specialist, SQS, has found that despite growing IT budgets over the past 12 months[1], the fear of downtime and a lack of resource is still holding many organisations back from embracing IT change. However, the risks of not doing so could be just as costly, with technology very much the driving force behind every successful business today.
August 28, 2014 - The FBI is investigating cyber-attacks on US banks, including JP Morgan Chase, by Russian hackers, according to press reports.
August 28, 2014 - Deutsche Bank AG London Branch (Deutsche) has been fined £ 4,718,800 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions between November 2007 and April 2013.