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Do information security standards expose organizations to shared vulnerabilities? Why do data breaches occur with such frequency? Recent European Commission announcement on reporting of data security ...
According to a recent report from Verizon, data breaches are on the rise. There were 760 data breaches recorded in 2010, compared to 140 breaches in 2009. However, there were approximately four milli...
As the industry prepares to implement Basel III's liquidity risk provisions, it's important to begin the journey with a solid understanding of the minimum standards required by the Bank for Internatio...
So why on earth should I be rambling on about commodities on a FinTech web site? Well I believe that commodity market are a core asset class now for our leading banks and will become increasingly so ...
Finding the best way to tackle legacy core systems has re-emerged as a key topic of debate among banks, from top tier global players to smaller, domestic institutions. With their vast, fragmented arch...
Tim McGrath, vice chair of OASIS UBL , explains in his recent post on UBL XML.org, that UBL is the clearest path towards a single common standard format for XML business documents. Underneath is an im...
The European Commission last week announced plans to widen the scope of current EU legislation for the protection of personal data to make it mandatory for all companies that store data on consumers t...
Yesterday the US banking regulator, the Federal Financial Institutions Examination Council (FFIEC), set out its expectations to improve internet banking authentication standards. While the FFIEC call...
Standards lead to best practices; standardization makes life simpler. Information Systems Audit and Control Association (ISACA), has pioneered and promoted standards and guidelines in the area of aud
The Independent Commission on Banking's (ICB) plans to ring fence the UK retail operations of universal banks to protect business lending and depositors assets have been highly publicised in recent w...
In one of the more witless examples of PR buffoonery ever witnessed at Finextra Towers (and that's saying something), Visa and ANZ have been moved to quell reports that their recent trial of Device F...
During my previous trip to Hong Kong I spoke of the enthusiasm for mobile financial services in that part of the world and this, in my mind, has been reaffirmed while at the GSMA Mobile Money Summit i...