The EU’s Digital Operational Resilience Act (DORA) sets new standards for financial services, emphasizing digital resilience and oversight of third-party ICT dependencies. As banking increasingly relies on digital channels, DORA mandat ...
News financial services
FCA CEO Warns Of AI Disruption To Financial Services Sector
Head of financial regulator warns of threat posed by AI for online fraud and cyber risk, as UK seeks leadership for AI rules
Amazon Enters UK Insurance Market With Comparison Site
Financial services push sees Amazon enter UK insurance market, with challenge to four established price comparison websites
Apple Acquires UK Fintech Credit Kudos – Report
Tech giant Apple reportedly acquires British fintech start-up Credit Kudos for $150m, to perhaps bolster its financial services operation
Visa Rolls Out Crypto Advisory Service
Banks, merchants and financial institutions will be able to seek advice from Visa's Crypto Advisory Service in the following months
Phishing Campaign Targets Financial Services Companies
Attackers impersonate US self-regulatory body for brokerage firms in phishing email campaign that looks to harvest Office and SharePoint passwords
Google AI Scheme Targets Banks Overwhelmed By Pandemic
Google Cloud's PPP Lending AI Solution aims to help banks analyse and process loan applications under US government's aid scheme for small businesses
FinTech Part 2: Building the FinTech Ecosystem
How are FinTech companies innovating? What's the tech that sits behind the development of their apps and support networks, and what these advancements might mean for wider industries and consumers.
Financial services and the hybrid cloud
Financial service providers must have high levels of compliance and deliver world-class services to their customers. Has the hybrid cloud delivered a platform this sector can build a sustainable and profitable future upon?
Financial Services Firms Report 1,000 Percent Rise In Cyber Incidents
Phishing and ransomware top the list of cyber-attacks reported to the Financial Conduct Authority amidst stricter transparency requirements
Facebook Set To Launch ‘GlobalCoin’ Virtual Currency Next Year
But the social network faces tight regulatory scrutiny over its poor track record on protecting users' personal data
Financial Services Report Five-Fold Rise In Data Breaches
Banks remain a lucrative target for hackers, with prosecutions lagging behind a rise in successful attacks, Financial Conduct Authority figures show
IBM Brings Blockchain To Australia, Pilots Water Conservation Project
The company offers its blockchain via Melbourne data center and tests the use of blockchain and IoT sensors in groundwater conservation
Fintech Consortium To Tackle Cybersecurity Issues
A new consortium led by the World Economic Forum aims to bolster the financial industry's battle against a growing range of cyber threats
Banks Trade £22m Using Blockchain Platform
Sign of the future? Two banks have successfully completed a securities lending transaction using blockchain
Consumers ‘Overwhelmingly’ Prefer Biometric Security For Financial Services
Nine out of 10 consumers and banking professionals want biometric authentication put in place, but a skills gap stands in the way
UBS Banks On Microsoft Azure To Drive Digital Transformation
UBS picks Microsoft's cloud platform to provide scalability, reduce costs and ensure regulatory compliance
Banks Use IBM Watson To Catch Rogue Traders
IBM is also developing anti-money-laundering tools and services to aid banking compliance
IBM Security: Data Leaks Grew By 566 Percent in 2016
Spam Skyrockets and cyber criminals turn to unstructured data as the number of compromised records goes through the roof in 2016
UK, US Wargame Tests Financial Response To Cyber Attack
War games. British and American tests the responses of their financial centres to a major cyber attack
Financial Services Cyber Security Summit – MENA
“Permanent Focus on Evolving Financial Fraud: Fighting through Innovative Solutions”. Dubai.