August 11, 2015 - The Canadian Payments Association has hired global consulting firm McKinsey to draw up plans to modernise the nation's core payments infrastructure.
August 11, 2015 - A new survey of financial services professionals conducted by Cipperman Compliance Services (CCS) reveals that asset managers, broker-dealers, and other firms are embracing compliance as a core function of their business, with an equal number of respondents reporting that they now spend as much on compliance as they do their legal counsel.
August 11, 2015 - FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced that it has formed six new subgroups focused on MiFID II regulation for the industry to collaborate on the most critical issues in this time of regulatory change.
August 11, 2015 - Axioma announced today that Skandinaviska Enskilda Banken AB (SEB), one of the largest financial institutions in northern Europe with more than €180 billion in assets under management, has completed the implementation of Axioma Risk, the innovative multi-asset class risk-management platform launched by Axioma in 2013.
August 10, 2015 - UK mobile phone chain Carphone Warehouse says it has suffered a serious data breach that may have seen the banking details of 2.4 million customers stolen by hackers.
August 10, 2015 - American technology firm Ubiquiti Networks has revealed that it fell victim to a social engineering trick that saw crooks make off with $46.7 million.
August 6, 2015 - A majority of small business owners are unaware of the impending EMV1 liability shift coming in October, according to the latest Wells Fargo/Gallup Small Business Index conducted July 6-10.
August 5, 2015 - JPMorgan Chase is to double its cybersecurity budget over the next two years in the wake of a massive security breach last summer which saw the contact information of more than 80 million customers stolen.