06 March 2015

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Swift Nordics Conference - Live Blog Day 2

05 March 2015  | 0 comments | 1 tweets

The main theme for the Swift Regional Conference in Copenhagen this year is disruption. The programme will explore the different challenges arising from newcomers, technology and regulation. It will look at how the financial industry can cope and turn these challenges into opportunities.

At least 67% of bank IT budgets are still being spent on maintenance and compliance rather than transformative projects that can create value, according to research conducted by Finextra on behalf of CSC.

ID Fraud

ID fraudsters stole $16bn from Americans in 2014 - research

05 March 2015  | 0 comments | 15 tweets | 13 linkedin

Identity fraudsters stole $16 billion from 12.7 million Americans last year, with a new victim every two seconds, according to Javelin Strategy & Research.

chess

Lloyds and AmEx back fintech startup competition

04 March 2015  | 0 comments | 14 tweets | 2 linkedin

Some of the biggest names in financial services are throwing their weight behind a UK competition giving fintech startups the chance to win a share of a £175,000 cash prize pot.

Bank of America signage

Bank of America sued over $1.03 million cyber-breach

04 March 2015  | 0 comments | 8 tweets | 11 linkedin

A Washington hospital has filed a lawsuit against Bank of America to recover some of its losses from a $1 million cyber-breach in 2013.

Swift logo

Swift Nordics Conference - Live Blog Day 1

04 March 2015  | 0 comments | 3 tweets | 1 linkedin

The main theme for the Swift Regional Conference in Copenhagen this year is disruption. The programme will explore the different challenges arising from newcomers, technology and regulation. It will look at how the financial industry can cope and turn these challenges into opportunities.

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