Risk & Compliance

Showing Latest Risk & Compliance

Hyatt Hotels latest to have payments card data hacked

18 Jan 16 @ 09:44

Hyatt Hotels has become the latest in a growing list of high profile brands to have their payments card data hacked. The company said Wednesday that it is investigating malware... read more

Annual State of Application Security Report

12 Jan 16 @ 15:25

Arxan Technologies have published  its 5th Annual State of Application Security Report. The new research is based on the analysis of 126 popular mobile health and finance apps from the US,... read more

Predicting the cyber security future in 2016

10 Dec 15 @ 10:59

When your everyday life is all about information and cyber security, you start to see patterns that may not be so obvious to others. Each year, I take my best... read more

Fiserv patent battle with FIS dismissed by US court

08 Dec 15 @ 12:30

“Fiserv is betting big,” said Nancy Atkinson, a senior analyst at Aite Group back in 2012. “Fiserv is trying to exert dominance over FIS. These two companies are huge rivals.”... read more

European Court of Justice declares Safe Harbour invalid – what are the implications?

26 Nov 15 @ 10:40

On 06 October 2015, the European Court of Justice (ECJ) ruled that the Safe Harbour agreement, which allows data to be transferred between the EU and US, was invalid as... read more

Deutsche Bank to change troublesome IT system

29 Oct 15 @ 09:00

As well as cutting tens of thousands of jobs, shrinking the bonus pool and shedding billions of dollars of unwanted assets, John Cryan promised to rip out and replace much of... read more

Regulators move to halt global payments fragmentation

12 Oct 15 @ 07:22

Central bank regulators have proposed changes to stop the global payments system from fragmentation as banks scale back cross-border networks, blaming the cost of new regulation. Banks have long maintained links with other... read more

EU agrees to adopt revised Payments Services Directive (PSD2)

08 Oct 15 @ 12:52

The European Parliament has agreed to the European Commission revised Directive on Payment Services or the so called  Payments Services Directive (PSD2). This new law, proposed by the European Commission... read more

Banks struggle with cross-jurisdictional regulatory compliance

08 Oct 15 @ 12:15

Fenergo, a provider of Client Lifecycle Management solutions for institutional banks, has published key findings from new research commissioned from the Aite Group which suggests that financial institutions are struggling to... read more

Cyber security: breach, breach, breach

02 Oct 15 @ 12:44

In the past 24 hours there have been three more cyber security incidents in the industry, highlighting once again the dangers of complacency in the industry. Here is a blow... read more

US EMV migration will take years

01 Oct 15 @ 14:54

Its October the 1st. The deadline for US merchants to accept secure chip-enabled credit and debit cards,the US EMV migration, may take years for the conversion to be fully implemented. “Realistically,... read more

Cybersecurity experts say mobile payments data breaches to grow

25 Sep 15 @ 13:20

A survey of more than 900 cybersecurity experts shows that an overwhelming majority (87%) expect to see an increase in mobile payment data breaches over the next 12 months, yet... read more

Trending

ETC Mining and the anatomy of a crypto scam

02 Mar 26 @ 11:25

Three months ago, I was approached by marketing representatives of ETC Mining, who paid $2,500 in Bitcoin for native advertising placement. On the surface, the ... more

Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

Visa and Mastercard accelerate agentic payments through bank pilots

18 Feb 26 @ 13:35

The race to define the next phase of digital commerce via agentic payments has moved decisively into the banking mainstream. [caption id="attachment_57882"... more

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more