July 28, 2014 - Wolters Kluwer Financial Services announced today that one of the largest European financial services groups, Société Générale Private Banking, has selected its Risk Management and Regulatory Reporting solution to help facilitate compliance with the Capital Requirements Directive IV in Belgium.
July 25, 2014 - Leading diversified financial services provider, MidCountry Financial Corp., has selected MetricStream to enhance its risk management and strengthen regulatory compliance across the enterprise.
July 25, 2014 - Apple is in talks with Visa as it ponders launching a mobile wallet this autumn, according to tech site The Information.
July 25, 2014 - The Securities and Exchange Commission today charged a Citigroup business unit operating an alternative trading system (ATS) with failing to protect the confidential trading data of its subscribers.
July 25, 2014 - The 2013 Federal Reserve Payments Study Detailed Report, released today, provides new information on the payments landscape including updated results on the intensity of card use by consumers and businesses; further discussion of previously released information on third-party payments fraud; new estimates of over-the-counter cash withdrawals and deposits at bank branches and wire transfers made by businesses and consumers; and discussion of emerging and alternative payments likely to replace traditional payments such as cash and checks.
July 25, 2014 - A three part report from Aite Group, Vendor Risk Management: Strength in Warning by Denise Valentine, looks at the topic of vendor risk management among commercial banks and the institutional buy-side asset management community. Vendor risk on areas like technology is a serious operational, financial, and reputational risk to the financial institution. Firms are tapping third parties to accomplish a multitude of business goals, particularly as they focus on core competencies to achieve growth and improved profitability.
July 24, 2014 - Crooks have hacked the European Central Bank's website, stealing contact data and demanding a ransom for its return.
July 24, 2014 - New York authorities have charged six people accused of being part of an international criminal gang which used stolen card data to buy thousands of event tickets through eBay-owned StubHub.