July 3, 2015 - American banking regulators are sending staffers with "little or no" tech training to carry out IT examinations at smaller institutions, according to a report from the US Government Accountability Office (GAO).
July 2, 2015 - The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today released a Cybersecurity Assessment Tool (Assessment) to help institutions identify their risks and assess their cybersecurity preparedness.
July 1, 2015 - Today the Payment Card Industry Security Standards Council (PCI SSC) published an important update to one of its eight security standards, simplifying the development and use of Point-to-Point Encryption (P2PE) solutions that make payment card data unreadable and less valuable to criminals if stolen in a breach.
July 1, 2015 - EBA Clearing has published a blueprint document spelling out high-level business requirements for a pan-European instant payment infrastructure solution.
June 26, 2015 - Governor Jerome H. Powell. At the Federal Reserve Bank of Kansas City Conference, "The Puzzle of Payments Security: Fitting the Pieces Together to Protect the Retail Payments System", Kansas City, Missouri. Building a Safer Payment System.
June 26, 2015 - An SEC commissioner has called on the regulator to massively expand the scope of recently introduced rules designed to strengthen the US market's technology infrastructure and protect it from cyber attacks.
June 25, 2015 - Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, today announced that Achmea, the largest insurance provider in the Netherlands, is live using Eagle's data management solution, deployed over its secure private cloud, Eagle ACCESSSM.
June 25, 2015 - The percentage of fraudulent transactions occurring outside the UK in 2014 on UK debit cards rose 25 percent in a massive sample of cards studied by analytic software firm FICO.