March 23, 2016 - The Minister for the Cabinet Office and Paymaster General, Matt Hancock, has confirmed today that the UK's new national cyber centre, announced by the Chancellor in November, will be called the National Cyber Security Centre (NCSC).
March 18, 2016 - Swiss financial markets watchdog Finma has pushed through a raft of new initiatives in a bid to stimulate further growth and innovation in the country's emerging fintech sector.
March 18, 2016 - Russian banks have lost $25.7 million in the past six months to a new form of malware that infects IT networks and can only be eradicated by a complete infrastructure shut-down.
March 17, 2016 - American Express is writing to some card members warning that their account information has been compromised by a data breach at a third party provider.
March 16, 2016 - The ability of financial institutions' compliance function to manage risk is being challenged by rising expectations for the function to play a stronger role in front-office processes, the increased volume and complexity of regulations, and a lagging data and technology architecture, according to a new compliance risk report from Accenture (ACN).
March 15, 2016 - ANZ today confirmed it engaged PwC in January 2016 to conduct an independent compliance review within its OnePath subsidiaries, following compliance breaches that were proactively reported to the Australian Securities and Investments Commission (ASIC) from early 2013.
March 15, 2016 - US regulatory body Finra (Financial Industry Regulatory Authority) has waded into the growing market for robo-advisory services, warning firms of the need for sound governance and supervision of digital investment tools.
March 15, 2016 - A recent survey released by SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has revealed that portfolio managers are facing significant challenges when it comes to data accuracy and risk and performance analytics in the front office. The survey was conducted during a recent webinar hosted by SimCorp titled "Risk & Performance Analytics: Making the Front Office a Better Place."