Renaissance of Fraud Spurs New Approaches to Anti-Money LaunderingOctober 12, 2012Adopting a comprehensive approach to financial crime prevention, with greater reliance on analytics tools and collaboration among banks, regulators and law enforcement entities, was the theme of ACAMS' recent AML & Financial Crime conference.
Bank Branches Being Phased Out: ReportSeptember 21, 2012According to a new report from ratings agency Fitch, both fewer numbers of branches and different types of branches will inhabit the banking landscape going forward.
10 Best Practices for Jumpstarting FATCA ComplianceAugust 28, 2012Achieving FATCA compliance will require new roles and processes, extended information gathering, and new or updated information management systems, including reporting systems.
Report Points to Security Holes in Customer-Facing Bank AppsMarch 07, 2012The CRASH Report, a study of the structural quality of applications, reveals that banks have some work to do when it comes to making their customer-facing applications structurally sound and secure -- especially as they innovate in the mobile channel.
Compliance Doesn't Have to Be Painful for BanksDecember 21, 2011Facing an ever-intensifying regulatory environment, banks are expected to spend more on risk management than ever before. But there is a silver lining: Many of the new standards with which banks must comply can help make their operations more efficient.
Banks' Technology Response to Regulatory ChangesJanuary 19, 2011Meeting the Dodd-Frank Act's ongoing and evolving regulatory demands will require banks to make significant investment in data and analytics.
Consumer Reports Cautions Against Verizon iPhone 4January 17, 2011The smartphone has too many shortcomings and users are better off waiting until Apple releases the next generation model later this year, according to the venerable consumer magazine.
Barclays Uses SAS for Capital Calculation and ReportingJune 21, 2010London-based financial services provider Barclays announced it is using SAS software and services to improve standards in how economic and regulatory capital is calculated and reported.
