News

• NAB: Tech investment paying off

  The National Australia Bank (NAB) has again moved to reassure shareholders that its investment in its Next Generation Banking IT platform (NGP) is paying off.

  By Tim Lohman | 10 May, 2012 11:46

  Tags: technology investment, Next Generation Banking IT platform, National Australia Bank, NAB, financial results, finance, banking

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  Technical problems disrupt Euronext trading in Amsterdam

  Online trading in options and futures at NYSE Euronext in Amsterdam was disrupted for hours on Monday morning due to unspecified "technical problems," the stock exchange said.

  By Loek Essers | 07 May, 2012 22:42

  Tags: networking, industry verticals, finance, Euronext

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  ZestCash claims bringing big data to consumer lending will revolutionize the industry

  ZestCash, an online lending service for lower-income borrowers, has begun using a new big data-driven decision-making method that it claims will allow it to lend to 25 percent more people and improve repayment rates by 20 percent.

  By Cameron Scott | 26 April, 2012 21:07

  Tags: finance, industry verticals, internet, Internet-based applications and services, ZestCash

• EU investigates UK mobile payments plan

  Europe's competition watchdog has opened an in-depth investigation into plans by three telecommunications companies to create a joint "mobile wallet" venture in the U.K.

  By Jennifer Baker | 17 April, 2012 00:27

  Tags: antitrust, Everything Everywhere, finance, government, industry verticals, legal, mobile, Regulation, Telefónica, Vodafone

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  Japanese ATMs to use palm readers in place of cash cards

  A Japanese bank will introduce ATMs that use palm scanners in place of cash cards, it said Wednesday.

  By Jay Alabaster | 11 April, 2012 20:29

  Tags: biometrics, finance, Fujitsu, industry verticals, Ogaki Kyoritsu Bank, security

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  Iran gets cut off from major international financial system

  The international payments system SWIFT today said it is disconnecting all communications services to Iranian financial institutions in support of a new European Council sanctions against the country over nuclear threat concerns.

  By Ellen Messmer | 16 March, 2012 04:34

  Tags: European Council, finance, industry verticals, Iran; sanctions; nuclear threat, security, SWIFT;

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  Are community Cloud services the next hot thing?

  When Mathew Lodge, senior director of Cloud services for VMware, looks out over the Cloud landscape and envisions how it will continue to evolve, he sees community Clouds playing a big role. And he's not the only one.

  By Brandon Butler | 02 March, 2012 07:48

  Tags: cloud computing, community cloud, finance, healthcare, health care, industry verticals, internet, The Cloud, VMware

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  Are community cloud services the next hot thing?

  When Matthew Lodge, senior director of cloud services for VMware, looks out over the cloud landscape and envisions how it will continue to evolve, he sees community clouds playing a big role. And he's not the only one.

  By Brandon Butler | 01 March, 2012 22:43

  Tags: cloud computing, community cloud, finance, healthcare, health care, industry verticals, internet, The Cloud, VMware

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  TD Bank Unites 85,000-plus Workers

  Built via a slew of mergers and acquisitions, TD Bank Group in recent years had seen its employees lose the ability to easily collaborate with one another as its workforce grew rapidly across the United States and Canada.

  By Sharon Gaudin | 14 February, 2012 03:33

  Tags: applications, collaboration, Enterprise Web 2.0/Collaboration, finance, financial services, freemium, industry verticals, internet, software, TD Bank Group

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  The Grill: Catherine P. Bessant

  Two years ago, Catherine P. Bessant was tapped to lead Bank of America's Global Technology and Operations (GT&O) group, which has more than 100,000 staffers and contractors in 40 countries. Here Bessant talks about leading a tech group that includes five CIOs as direct reports, the importance of employee diversity, and how relying too much on third parties for IT services can backfire.

  By Robert L. Mitchell | 14 February, 2012 03:21

  Tags: Bank of America, CIO role, finance, financial services, freemium, industry verticals, IT Leadership, it management, Management and Careers

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  How to protect online transactions

  The trusty telephone is emerging as one of the key elements in new multifactor authentication schemes designed to protect online banking and other web-based financial transactions from rapidly evolving security threats.

  By Julie Sartain | 07 February, 2012 00:26

  Tags: banks, ca, consumer electronics, finance, industry verticals, networking, security, smartphones, two-factor authentication, wireless

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  Hungarian hacker gets 30 months for extortion plot on Marriott

  A Hungarian hacker who attempted to extort money from Marriott International Inc. by stealing confidential data from its computers and threatening to expose it was sentenced to 30 months in prison.

  By Jaikumar Vijayan | 04 February, 2012 08:27

  Tags: Cybercrime and Hacking, finance, financial services, industry verticals, Marriott International, security

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  Researcher traces 'Gameover' malware to maker of Zeus

  The "Gameover" malware that the FBI warned users about earlier this month is a preview of the next version of the even-more-notorious Zeus money-stealing Trojan, a security researcher said today.

  By Gregg Keizer | 24 January, 2012 07:30

  Tags: Cybercrime and Hacking, dell, fbi, finance, financial services, industry verticals, Malware and Vulnerabilities

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  IBM announces tech deals with five African banks

  IBM Wednesday announced the signing of five strategic agreements in the Kenyan financial services sector, which it said are another example of the growing wave of innovation in African banking.

  By Lucas Mearian | 22 December, 2011 02:31

  Tags: finance, financial services, hardware, hardware systems, IBM, industry verticals, Safaricom, servers

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  Court dismisses most breach claims against Heartland by banks

  A U.S. district court in Texas has dismissed all but one of the claims brought by several banks against Heartland Payment Systems over the massive data breach the payment processor disclosed in January 2009 .

  By Jaikumar Vijayan | 10 December, 2011 04:40

  Tags: DRM and Legal Issues, finance, financial services, industry verticals, privacy, security