December 3, 2013 - Wolters Kluwer Financial Services announced today that it has been awarded the "Risk Management Software of the Year – Financial Risk" category at the Continuity Insurance & Risk (CIR) Risk Management Awards 2013. The CIR risk management awards, adjudicated by industry experts, recognize those that have significantly added to the understanding and practice of risk management.
December 3, 2013 - RBS chief Ross McEwan has admitted that the bank has failed to invest properly in its IT system for decades after customers were left unable to access their money or pay for goods on Cyber Monday.
December 3, 2013 - The Mexican Government is saving an estimated MXN $17 billion (US$1.27 billion) per year thanks to a concerted and well-planned shift to electronic distribution of many government payrolls, pensions and social benefits, according to a study released by The Better Than Cash Alliance.
November 29, 2013 - Several UK financial institutions have been hit in the last six months by cyber-attacks, some of which have disrupted services, according to the Bank of England.
November 27, 2013 - The Federal Deposit Insurance Corp (FDIC) has said that the banking industry in the US continued its slow recovery in the third quarter of the year.
November 22, 2013 - Scotland Yard chief Bernard Hogan-Howe is calling on banks to help fund a new London cyber-crime fighting unit, admitting that traditional policing methods are failing against high-tech crooks.
November 22, 2013 - A US police force has admitted to falling prey to the notorious bitcoin ransomware Cryptolocker, forking over around $750 in the virtual currency to crooks to get its files decrypted.
November 22, 2013 - What's the number one thing regulators could be doing to make life easier for U.S. banks and credit unions—aside from issuing fewer rules? Making them simpler to understand and offering more clarity around how to comply with them. That's according to nearly a third of the approximately 400 banks and credit unions participating in Wolters Kluwer Financial Services' November Regulatory & Risk Management Indicator.