August 3, 2015 - The number of mobile banking users globally is forecast to double to 1.8bn over the next four years, encompassing over 25% of the world's population, according to research by KPMG and UBS.
August 3, 2015 - HSBC chairman Douglas Flint has called for a public policy debate on the ownership and use of consumer transactional data, as rapid technological change enables banks to assimilate and store vast amounts of personal financial information.
August 3, 2015 - Financial services firms will need to adopt more widespread use of emerging technologies to neutralise the threat of damaging security attacks. This is the advice from leading managed service provider, Advanced 365 (Advanced).
July 30, 2015 - The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today urged legislative and industry action to address three key obstacles that are hindering achievement of the G20 transparency goals set forth by policymakers in the aftermath of the 2008 financial crisis.
July 28, 2015 - Research into how claims are handled for unauthorised transactions (when a payment is made from a consumer's account without their consent) found that firms are making good efforts to deliver fair outcomes for consumers.
July 27, 2015 - Only 17% of UK organisations have incorporated electronic document storage into their disaster recovery (DR) plans, although 82% admit the need to do so is either 'critical' or 'very important' to maintain business continuity. These are the findings of a new survey by global business automation software provider, V1, carried out among senior IT and finance professionals from 92 organisations across the public, private and third sectors.
July 27, 2015 - (Bloomberg) -- The Federal Reserve said it inadvertently released staff projections for interest rates and the economy late last month, renewing doubts about its measures to protect confidential information.
July 27, 2015 - The Financial Industry Regulatory Authority (Finra) announced today that it has fined Goldman Sachs Execution & Clearing, L.P. $1.8 million for systemic Order Audit Trail System (Oats) reporting violations spanning a period of more than eight years, failure to accurately submit required trade reports to the appropriate Finra Trade Reporting Facility (TRF), and related supervisory failures.
