September 24, 2015 - The US Office of Personnel Management says that hackers who breached its systems over the summer made off with the fingerprint records of 5.6 million individuals, raising questions over the security of biometrically-protected identities.
September 24, 2015 - A survey of more than 900 cybersecurity experts shows that an overwhelming majority (87%) expect to see an increase in mobile payment data breaches over the next 12 months, yet 42% of respondents have used this payment method in 2015. The 2015 Mobile Payment Security Study from global cybersecurity association ISACA suggests that people who use mobile payments are unlikely to be deterred by security concerns.
September 24, 2015 - Atom, the UK's first bank designed for digital, has chosen Wolters Kluwer Financial Services' OneSumX Regulatory Reporting solution to manage its U.K. and European Banking Authority regulatory reporting requirements.
September 22, 2015 - New research from Eagle Investment Systems and WatersTechnology benchmarks progress in implementing formal data governance policies across financial services and offers best practices in successfully moving these initiatives forward.
Sept. 22, 2015 - With just 100 days to go until the implementation of the Solvency II, look-through data specialist Silverfinch is reminding insurers of the need to ensure the necessary agreements are in place with the asset management firms who will be providing them with the look-through data on their investments.
September 18, 2015 - In its first action against an unregistered bitcoin options trading platform, the Commodity Futures Trading Commission (CFTC) in the US has ruled that virtual currencies are a commodity and as such should come under the purview of the Commodity Exchange Act (CEA).
September 18, 2015 - With a Jan. 1, 2016 effective date looming for 50 "early adopter" jurisdictions set to enact a new international Common Reporting Standard (CRS) for reporting financial account information, 61 percent of respondents to a KPMG survey of executives at financial institutions worldwide say that the CRS will impact more of their accounts than the U.S. provisions commonly known as the Foreign Account Tax Compliance Act (FATCA).
September 17, 2015 - A new trade association intended to provide a single voice for the emerging fintech and payments ecosystem in Ireland has launched, with the aim of establishing the Republic as a leading international financial services hub.
