Anatomy Of A Brokerage IT MeltdownOctober 08, 2012Regulators last year issued the SEC's first-ever privacy fine against broker-dealer GunnAllen for failing to protect customer data. But former IT staffers say regulators didn’t seem to know half of this cautionary tale of outsourcing and oversight go
Intel's McAfee Security Plans LayoffsOctober 08, 2012Intel Corp's McAfee
security division is planning to lay off a "small percentage" of
its workforce of about 7,100 employees, a company spokesman said
on Monday.
Walmart Takes on BanksOctober 08, 2012The retailing giant and American Express have teamed up to offer an alternative to traditional checking and debit accounts.
Basel III Rules Set for Patchy Global StartOctober 08, 2012Many countries will not be ready
by January to enforce new banking rules that form the world's
regulatory response to the financial crisis, a global
supervisory body said on Monday.
Banks in Danger From Dissatisfied CustomersOctober 05, 2012A study from research company GfK found that while a few banks have won over their customers with excellent service and benefits, others are in imminent danger of losing up to a third of their consumer clients.
Greek Banks NBG, Eurobank in Merger TalksOctober 05, 2012Two of Greece's biggest banks,
National and Eurobank, are in merger talks
to create the country's biggest lender, banking sources said on
Friday.
U.S. Lawmaker Cites New Cyber Threats to Financial NetworksOctober 04, 2012The head of the House of
Representatives Intelligence Committee said on Thursday that
significant new cyber threats to U.S. financial networks
appeared to be emerging from an "unusual" source.
Barclays to Restructure Investment Bank ArmOctober 04, 2012Barclays announced a
shake up at its investment banking business on Thursday aimed at
streamlining the business in the face of a more challenging
outlook for the industry.
Customer-Centricity, Big Data Key Themes of BS&T's 2012 Executive SummitOctober 01, 2012Customer-centricity in a multi-channel environment and using data and analytics to know your customer better were among the major topics discussed during the first day of Bank Systems & Technology's seventh annual Executive Summit.
U.K.'s Labour Vows to Break Up Banks if ElectedSeptember 30, 2012Britain's Labour opposition leader launched an offensive against banks on Sunday ahead of his party's annual conference, promising a "real separation" of retail and investment banking and to raise the top rate of personal income tax.
Spain Debt Rises on Aid to BanksSeptember 30, 2012Spain's debt levels are set to
rise next year, piling pressure on the government to apply for
aid as it pours funds in to cash-strapped regions, an ailing
banking system and rising refinancing costs, its budget showed
on Saturday.
American Red Cross Using RDC to Process DonationsSeptember 26, 2012The American Red Cross announced today that it is introducing a mobile check deposit capture solution to help process donations from around the country.