January 10, 2013 - US retailer Target says that up to 70 million customers may have had their card details compromised during a data breach incident in December, far more than the initial 40 million estimate.
January 10, 2014 - Singapore issued today its inaugural national risk assessment (NRA) report on money laundering and terrorist financing risks in the country.
January 9, 2014 - The UK banking sector is a "long way away" from addressing deficiencies in "antiquated" IT systems, a senior Bank of England official has told a parliamentary inquiry.
January 7, 2014 - Financial messaging network Swift has announced the creation of a global Know Your Customer (KYC) Registry to help banks to manage compliance challenges and reduce the high costs associated with implementing anti-money laundering regulations.
January 7, 2014 - The next 20 years will see Australian banks turn towards innovative financial technology to offer support for customers embracing mobile banking and new payment methods.
January 2, 2014 - US regulator Finra has slapped Barclays Capital with a $3.75 million fine for a decade-long failure to properly preserve electronic records, e-mails and instant messages.
December 23, 2013 - Some of the largest banks in the world are struggling to set up new compliance programmes that will satisfy the recently approved Volcker rule.
December 23, 2013 - The recent theft of payment data from customers of US retailer Target has highlighted the importance of security in this area once again and raised fears that the US is behind other nations of the world in its data protection and security countermeasures, particularly in regard to its slow adoption of Chip and PIN security technology.
