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DTCC proposes global data harmonisation

June 17, 2015 - The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, issued its recommendations on global data harmonization to the CPMI IOSCO Harmonization working group today, detailing a proposed path towards a global data harmonization, with credit derivatives identified as the first step.

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Ernst & Young to invest $20 million in cybercrime centre

June 9, 2015 - In an environment where cybercrime is an increasing threat for organizations across the globe, EY today announces the launch of its Managed Security Operations Center (SOC) services.

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Corporate Treasurers Receive an "F" for Fraud Prevention, shows Kyriba / ACT Survey

May 20, 2015 - Many corporate treasurers are in denial about the threat that financial fraud poses for them, according to the 2015 Kyriba / Association of Corporate Treasurers annual treasury survey. The survey of more than 300 treasury and finance professionals revealed that 53% of organisations have experienced attempted fraud (either external or internal), and more than half of these companies have suffered losses as a result of these attempts. Despite this risk, only 11% of treasury professionals view fraud as one of their three most pressing issues for the coming year, while just 6% said that their company's approach to fraud prevention is "poor."

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Banks must focus on innovation to harness opportunities

March 24, 2015 - Banks must concentrate on harnessing a range of digital technologies or risk losing customers to a new wave of competitors, according to a new report by the BBA and Accenture.

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Experian and BillGuard partner on fraud surveillance tech

January 26, 2015 - With the explosion of payment-card data breaches last year, Experian Data Breach Resolution has enhanced its award-winning active fraud surveillance and identity theft resolution product, Experian's ProtectMyID®, by collaborating with BillGuard, a leading card fraud monitoring mobile application.

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