229 articles tagged with this keyword
News/Operational risk
The CEO of Indian IT services giant Infosys has unexpectedly resigned, citing a falling out with the company's founders.
18 August 2017
Efforts by IT security researchers to get to the bottom of the recent ransomware attack have been hampered by an inability to find early traces of the so-called WannaCry strain, according to research commissioned by Reuters and conducted by security ratings firm BitSight.
19 May 2017
A research paper has revealed a level of scepticism among Asia Pacific banks when it comes to joining forces with fintechs.
13 April 2017
The European Central Bank (ECB) has stated that blockchain technology lacks the necessary maturity to be part of its market infrastructure.
12 April 2017
Emerging financial technology poses a threat to US banks that are unable to compete with this developing field, according to an official report from the US Office of the Comptroller of the Currency (OCC).
06 January 2017
The UK treasury is set to roll out a new £1 coin in late March which it claims is the most resistant to counterfeiting ever produced.
03 January 2017
An ex Goldman Sachs trader who stole software from his employer has disobeyed a judge's order to turn over the stolen intellectual property so that he can profit from it upon his release, a London court heard
16 December 2016
Almost one in three workers in London face an uncertain future over their employer's plans to relocate the business.
25 November 2016
It has been a week to forget for the London Metal Exchange after it was forced to delay trading on Friday by four hours due to a connectivity issue with an external network provider, according to Bloomberg.
22 July 2016
MasterCard is considering an application to become a licenced payment services provider in China, according to Reuters.
Thailand's central bank has called for more regulation of the country's growing fintech sector in order to prevent systemic risk and protect consumers.
UK payment processing firm Worldpay is experiencing ongoing problems issuing payments despite promising to work with clients to resolve the software issue.
20 July 2016
A US congressional committee is to investigate the Federal Reserve's cyber security practices, according to Reuters which recently reported that there have been more than 50 cyber breaches at the central bank between 2011 and 2015.
06 June 2016
The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing a regulatory sandbox for fintech startups and pilot schemes.
Millions of Australian banking customers were unable to access ATM and Eftpos services on Sunday after severe storms on the east coast caused widespread damage, including a major outage at a cloud computing service used by several banks.
Barclays, HSBC and Morgan Stanley are working with Markit on the creation of a cloud-based network for assessing and monitoring third party vendor risk.
14 October 2015
An IT problem at HSBC has affected some 275,000 Bacs payments and left thousands of customers without their monthly salaries just before a bank holiday.
28 August 2015
SunGard has issued a public apology to custody bank BNY Mellon for the outage of its InvestOne accounting system used by the bank to price thousands of funds.
BNY Mellon and its fund manager clients are scrambling to assess the damage caused after a third party system run by SunGard and used by the bank to value assets worth billions of dollars broke down.
27 August 2015
Almost half of asset managers are still reliant on costly manual processes to manage complex derivatives creating a dangerous level of operational risk according to a report from buy-side systems vendor SimCorp.
26 August 2015
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