April 24, 2018
Via: Waters TechnologyTraders and portfolio managers use the data to assess risk and to develop portfolios that are environmentally conscious. The vendor is currently undergoing a round of fundraising to hire on additional climate scientists. It will also look to add developers […]
Application areas, Banking, Performance, security, and availability, Telecommunication
February 8, 2018
Via: Dark ReadingThe biggest security problems inside your company may result from problems it inherited. While the news focuses on external threats to data center security — international hackers clacking away on their computers from the privacy of an unmarked building, for […]
December 8, 2017
Via: Market WatchWhen big banks kick off the third-quarter earnings season next week, a familiar theme is likely to dominate: it’s hard to make money in a lower-for-longer world. Analysts expect banks to report tepid growth in nearly all their business lines, […]
March 14, 2017
Via: ComputerWeeklyBanks should not use software robots on messaging platforms for a few more years because the customer experience is not yet good enough, according to Forrester Research. Software is used in sectors such as retail and mobile phone to automate […]
January 10, 2017
Via: Market WatchA high-stakes competition is underway between traditional financial services institutions and disruptive FinTech startups. The Economistreports that more than $25 billion has been invested in financial technology — FinTech — in the last five years, with 4,000 firms challenging banks in just about every product […]
December 14, 2016
Via: Info WorldA new Trojan that can steal your payment data will also try to stymie you from alerting your bank. Security vendor Symantec has noticed a “call-barring” function within newer versions of the Android.Fakebank.B malware family. By including this function, a […]
December 6, 2016
Via: ComputerWeeklySome 81% of Singapore’s affluent middle class use banking and finance apps to engage with financial service organisations, according to a report by Collinson Group. The report said that this presents financial services institutions with an opportunity to engage with […]
November 15, 2016
Via: ComputerWeeklyThe Competition and Markets Authority (CMA) has called on the largest banks in the UK to develop a set of core open API (application programming interfaces). As part of its reforms to banking, the CMA said banks will be required […]
November 11, 2016
Via: ComputerWeeklyBanks are under pressure to meet the Basel Committee on Banking Supervision (BCBS) 239: Principles for effective risk data aggregation and risk reporting (RDARR), but it is not easy to get the policy and technical elements right, such as governance […]
August 10, 2016
Via: Market WatchDespite the market’s turbulence earlier this year, Raymond James Financial Inc.’s revenue and profit rose in its second fiscal quarter on strength in its banking and lending activities. The St. Petersburg, Fla.-based brokerage firm earned $125.8 million, or 87 cents […]
May 13, 2016
Via: Info WorldFinancial transaction network SWIFT has renewed its warning to customers to be on their guard following the discovery of malware at another bank using its services. The bank first asked customers to take steps to secure their systems in the […]
April 4, 2016
Via: ComputerWeeklyBarclays bank is closing a technology hub in the US and laying off 270 people as it weighs up its global delivery options. The centre in McKinney Texas – which is part of Barclays investment banking arm – was set […]
April 1, 2016
Via: ComputerWeeklyA report from US banking group Citigroup predicts that more than a third of banking jobs in Europe will disappear over the next decade as new financial services technology takes over. In its Digital Disruption report, Citigroup said 37% of […]
March 29, 2016
Via: ComputerWeeklyNorwegian retail bank DNB has announced plans to close half its remaining branches as the country’s move to digital banking gathers pace. A total of 600 full-time positions will be lost, although the bank is allocating new resources to customer […]
March 14, 2016
Via: ComputerWeeklyFinancial services technology has overtaken regulatory tightening as the most pressing trend in the banking industry, and could be fatal for banks that make the wrong decisions. Fintech, as it is known, will put bank IT departments to the test […]