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June 26, 2014 - The gravitational pull of New York's financial sector is helping the metropolis outstrip Silicon Valley in terms of fintech startup investment, according to a new report by Accenture and the Partnership Fund for New York City.

June 25, 2014 - The Federal Financial Institutions Examination Council (FFIEC) has commenced a pilot programme at 500 US community banks to assess their readiness to fend of cyber-attacks.

June 25, 2014 - Cybercrooks used a Trojan to steal more than EUR500,000 in just one week from the customers of a European bank, says security firm Kaspersky Lab.

June 25, 2014 - The Securities and Exchange Commission today adopted the first of a series of rules and guidance on cross-border security-based swap activities for market participants. The new rules will be key to finalizing the remaining proposals.

June 24, 2014 - Almost one-in-four people have fallen victim to card fraud over the past five years, according to a study of 6100 consumers across 20 countries by ACI Worldwide and Aite.

June 23, 2014 - European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive threats to their business from a host of new startups, says consultancy Deloitte.

June 18, 2014 - The concept of legal tender should be abolished and private money should enjoy a level playing field that enables the likes of bitcoin to compete with state-backed currencies, a new think tank report suggests.

June 17, 2014 - Global investors have regained appetite for risk against the backdrop of strong liquidity and a fairly positive economic outlook, according to the BofA Merrill Lynch Fund Manager Survey for June.

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