01 October 2014

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FS firms gear up for .bank domains

30 September 2014  |  0

Financial services firms will be able to use '.bank' domains from next year after a collection of industry organisations struck a deal with Icann.

Turkey's Isbank has enabled Apple's TouchID fingerprint log-in for mobile banking on the iPhone.

Spiders computer virus

POS manufacturer breach puts cards at risk

29 September 2014  |  1

Some 324 restaurants across the United States have had card data swiped following a breach at POS manufacturer Signature Systems.

US-based risk analytics outfit Context Relevant has completed $13.5 million in Series B-1 funding and signed strategic partnerships with Bank of America Merrill Lynch and Goldman Sachs.


Fed sets up tokenisation work group

25 September 2014  |  0

The Federal Reserve Bank of Boston is to set up a working group to tackle the interoperability and technology challenges of using digital account tokens to replace card numbers for online and mobile purchasing.

The US Financial Services Information Sharing and Analysis Center (FS-ISAC) and the Depository Trust and Clearing Company (DTCC) have developed a centalised utility for financial firms to post and share information related to cyber-attacks and security threats.

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