At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
Fraudsters have developed a variety of methods for initiating fraudulent wire transfers, but a security approach based on data and analytics from customer behavior can be an effective countermeasure to these wire fraud schemes.
This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
European Central Bank Sets Deadline for Cyprus Bailout DealMarch 21, 2013The European Central Bank
set Cyprus a Monday deadline to agree a bailout plan,
threatening to cut off funding to the islands' cash-strapped
banks if a programme is not agreed by then with the EU and the
IMF.
State-Free Bank Safety Net Still Work in Progress: RegulatorsMarch 13, 2013Reforms to the world's financial system still fall short of ensuring that big and systemically important banks will not need to be bailed out by governments if they fail, regulators say.
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.
Doubts Plague Europe's Pledge For Banking UnionSeptember 18, 2012Concerns are growing among
European investors and lawmakers that plans for a eurozone
banking union will end up half-baked, with the financial
backstops required to underpin the ambitious scheme unlikely to
be in place for years.
U.K. Tells Banks to Cut Exposure to Euro Breakup RiskSeptember 06, 2012Britain's top banks have tens of
billions of euros in exposure to the risk of countries leaving
the euro or the currency union breaking up entirely, despite
intense pressure from the UK financial regulator to tackle the
problem.
Bank IT Spending on the RiseJuly 16, 2012Latin America and the Middle East are growth regions, while North America and Europe remain stagnate at best, according to an IDC financial Insights report.
IBM Announces 10 Computing Deals with Central and Eastern European Banks August 26, 2011IBM announces 10 computing deals with Central and Eastern European Banks -- contracts have combined value of more than $130 million; banks seek to improve operational efficiency and take advantage of mobile, Internet advances.
Greetings From ScotlandNovember 07, 2010The first conversation I had upon arriving on Scottish soil was with a customs officer who made note of my stated profession and industry of "EDITOR/MEDIA" as written on my U.K. Landing Card.
SWIFTNet Goes Live in Hong Kong for High-Value PaymentsJuly 30, 2009SWIFTNet goes live in Hong Kong for high-value payments, as ClearingHouse Automated Transfer System and Hong Kong Monetary Authority switch from proprietary networks.
