Fiserv Offers New Tools For Managing ATM NetworksFebruary 20, 2013Fiserv has updated its Device Manager solution for managing ATM’s with new analytics-driven capabilities in incident tracking, reporting and resolution.
Identity Fraud at a Three-Year HighFebruary 20, 2013A report from Javelin Strategy & Research finds that more than $21 billion was stolen due to identity fraud in 2012.
Russian Central Banker Slams Vast Criminal Cash ExportsFebruary 20, 2013Russia's central bank chief said
nearly $50 billion, or 2.5 percent of the national income, had
been sent abroad illegally in 2012, much of it controlled by a
single group of people - whom he did not identify.
Bank of America's Moynihan Gets 73 Percent Pay Increase in 2012February 19, 2013Bank of America Corp's CEO Brian
Moynihan was awarded a 73 percent pay increase in 2012, when the
institution resolved crisis-era lawsuits and its stock was one
of the sector's top performers.
Legislation Still Needed On National Cyber Security StandardFebruary 19, 2013While the President’s executive order on cyber security last week brought public attention to the growing issue of cyber threats, legislation is still needed from Congress to help block attacks like those aimed at banks in recent months.
FINRA Fines 5 ING Units $1.2 Million For ViolationsFebruary 19, 2013Wall Street's industry-funded watchdog
fined five affiliates of ING Groep NV a total of $1.2
million for not storing or reviewing millions of company emails,
according to an announcement on Tuesday.
Wells Fargo Launching Personalized ATMsFebruary 19, 2013The San Francisco-based bank is introducing a new interface on its ATMs that it says will offer customers a customizable experience.
EU Privacy Regulators Take Aim at Google Privacy PolicyFebruary 18, 2013European data watchdogs said on
Monday they plan to take action against Google by this
summer for its privacy policy, which allows the search engine to
pool user data from across all its services ranging from YouTube
to Gmail.
New Basel III Provisions Would Have Caused Inflation: ReportFebruary 15, 2013A report from research firm SNL Financial argues that if Basel III had been in effect over the last year, banks would have experienced sizable inflation in their regulatory capital by including unrealized gains and losses.
BBVA Compass Goes National With NBA Banking ProductFebruary 15, 2013Following the bank’s core system transformation it has rolled out its first nationwide product NBA Banking, offering checking and savings accounts with an all-digital experience.
Japan's Orix to Buy Rabobank Asset Management Arm for About $2.6 BillionFebruary 14, 2013Japanese financial services firm
Orix Corp will buy Dutch asset manager Robeco from its
owner Rabobank for about 240 billion yen ($2.6
billion) in a cash and stock deal, sources familiar with the
matter said on Friday.
Ally Financial Completes its Share of Mortgage ReliefFebruary 14, 2013U.S. auto lender Ally Financial has
satisfied a requirement to provide $200 million in home loan
modifications and other consumer relief under last year's $25
billion national mortgage settlement, the pact's monitor said
Thursday.
Visa Rolls Out Managed Mobile ServiceFebruary 14, 2013The card giant announced it is rolling out a plug-and-play mobile service targeted to the underbanked.
U.S. Judge Dismisses ATM Fee Collusion LawsuitsFebruary 13, 2013A federal judge has dismissed antitrust
lawsuits accusing Visa Inc, MasterCard Inc,
JPMorgan Chase & Co, Bank of America Corp and
Wells Fargo & Co of conspiring to fix automated teller
machine fees.
Global Watchdog Needs More Time on Derivatives RulesFebruary 13, 2013New rules on how much collateral
is needed to back derivatives trades are unlikely to be
finalised before September, leaving markets in limbo as global
regulators seek to minimise potential harm to economic recovery.
Bank Boardrooms Go PaperlessFebruary 12, 2013Bank of New Hampshire has seen considerable time and cost savings from using digital books for its board meetings provided by Diligent Boardbooks.
American Express, Twitter Partner on PurchasingFebruary 12, 2013The company has expanded its partnership with Twitter, which previously consisted of a daily deals program, to include the ability to buy products.
FIS Launches P2P Payments SolutionFebruary 11, 2013FIS People Pay allows banks to offer their customers the ability to send payments directly to other consumers using an e-mail address or mobile phone number.
