More than 575 million US payments cards will feature EMV chip security by the end of next year, according to a trade body set up to push the migration from magstripe plastic.
A group of Wall Street banks, led by Goldman Sachs, are on the verge of buying a stake in instant messaging firm Perzo as they prepare to break free of their reliance on Bloomberg, according to Reuters.
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against J.P. Morgan Securities LLC (JPMS), a wholly-owned subsidiary of JPMorgan Chase & Co. and a CFTC-registered Futures Commission Merchant (FCM), for submitting inaccurate reports to the CFTC relating to the required reporting of positions held by certain large traders whose accounts are carried by JPMS.
The Depository Trust & Clearing Corporation (DTCC) has teamed up with six Wall Street banks to launch Clarient Entity Hub, a client data and documentation utility.
Accenture has teamed up with some of the world's biggest banks to bring its Fintech Innovation Lab to Asia Pacific.
JPMorgan Chase has committed $30 million to establish a 'Financial Solutions Lab' that will seek to harness expertise and technology to help consumers improve their financial well-being.
First Data, the global leader in payment technology and services solutions, today announced the appointment of Christopher Foskett as head of global, strategic and national accounts.
J. P. Morgan Asset Management is announcing a major upgrade to Target Date CompassSM, the groundbreaking tool that advisors use to help plan sponsors make informed target date fund selections.
JPMorgan is to spend £28.6 million to revitalise its Bournemouth Technology and Operations Centre, the firm's operational hub in Europe employing more than 4000 people.
US credit card fraud increased last year despite efforts by firms to beef up their security, according to an Association for Financial Professionals (AFP) survey.
© Finextra Research 2014