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With its latest investment in Philadelphia-based Field Diagnostic Services (FDSI) and its overall $20 billion commitment to support sustainability, Bank of America (BofA) is just the latest financial ...
Prior to joining the WTO, the knowledge and experience of bank staff in Chinese banks was not an issue. Most domestic banks were very inwardly focused on their core domestic business and staff had the...
Recent news on Fed's initiative on cross border payments in US Europe corridor indicates high probablity of a new cross border payment standard, which may not be necessarily the international payment ...
The security community has bombarded the media with fascinating claims of gloom and doom. (I’m guilty of it, too.) The hype hasn’t entirely met the hyperbole. There have been no major catastrophic is
Law firms in Australia are lining up with thousands of eager participants wanting to take the Australian banks to court over their general failure to pass on the latest Reserve bank interest rate cuts...
Conficker has updated to what is believed to be keylogging software. Conficker's botnet, which includes anywhere from 3 to 15 million PCs, has a peer to peer (P2P) feature that allows each PC on th
Both Microsoft Certified Professional and Computerworld report on a variation of Conficker known as “Neeris.” Neeris is a 4 year old virus that has resurfaced and is now behaving like a Conficker w
An interesting story on Finextra that Sallie Mae is looking to bring back onshore around 2,000 jobs. It's a trend that so far in Europe has been primarily associated with customer service. I've cov...
The number of fake pound coins in circulation may be twice Royal Mint estimates, says the BBC. Official figures suggest around 2.5% - or one in 40 - are copies, but coin testing companies say it is o...
A new threat is emerging - and it is one with a modest risk of occurrence but a potentially dramatic impact. That impact may not disrupt an entire business or an entire building. It may, however, disa...
UK retailer Tesco is not alone in enjoying the benefits of 'safe haven' status as consumers turn away from distressed banks and move their assets to more trustworthy institutions. The UK's Co-operativ...
A recent study conducted by the Unisys Corporation shows that identity theft as it pertains to credit card fraud is Americans’ number one concern. When people ask me, “How do I protect myself from