The Downside Of digital Labs For Financial Innovation

Forrester IT

The race to digital is heating up in financial services (FS) organizations; increasingly, the engine making this happen is Agile. Quite simply, it is software that makes any financial business truly digital. financial services.


Russian-speaking hacker targeting financial institutions

Computer Weekly

A Russian-speaking cyber criminal gang is targeting financial institutions in the UK, US and Russia, a Moscow-based security firm reports


Financial Practices are Outdated for the Transformation Era - (And here's what you can do about it)

Social, Agile and Transformation

In talking with technology leaders about their transformational programs, the discussion often evolves to a gripe session on the mismatch between ingrained financial practices and the types of organizational practices required in transformation programs. Agile, cloud objectives misaligned with financial practices The gripes look like - We’re practicing agile on sprint and release.


Finland’s OP Financial Group outlines digital ambitions

Computer Weekly

Chief digital officer at financial services group describes how new technology is fundamentally changing the business


Financial services CIOs above average for digital focus

Computer Weekly

IT leaders in the financial services sector realise they must undergo digital transformation as existing business models become outdated


G7 sets financial sector cyber defence guidelines as attacks grow

Computer Weekly

G7 countries have agreed cyber security guidelines in response to concerns about the safety of interconnected global financial systems that are increasingly coming under attack, according to Symantec


How to Protect your Personal and Financial Information


It’s evident that the essential aspect in your network or personal computer is the data that you have created. The main reason why most people are in a network or possess a personal computer is to store their data in a way that can easily be accessible. Whenever you want to input protective strategies such […]. Cyber Security data protection data security protecting data


Why financial planning asks more of CRM than other industries

IT Toolbox

The demands on CRMs from the financial planning and wealth management markets are greater than from other industries. This is partly the result of regulatory pressures but in addition, money management platforms need to continue to interact with clients at a highly granular level as both customers’ financial needs and the condition of public financial markets change.


Did Move 37 Signal The Impending Death Of The Financial Services Industry As We Know It?

Forrester IT

A couple of years ago I wrote a post predicting a new business paradigm for financial services. This week I spoke on "The Experience Economy" at a client conference where attendees were primarily from the financial services industry.


In (Partial) Defense of Financial Jargon

IT Toolbox

Financial jargon — or as it is less charitably called, business BS — has been a mainstay of the industry since time immemorial. Anyone who has clicked “agree” to credit card terms and conditions without reading will know that financial jargon doesn’t affect day-to-dayBut it seems to have limited usefulness to anyone other than banking lawyers.


Cyber attacks cost financial firms up to £1.6m a time

Computer Weekly

The costs associated with cyber attacks on the financial sector are rising as organisations face increasingly sophisticated threats, research shows


5 Technologies Ready To Take The Financial World By Storm

IT Toolbox

When the financial industry changes it sends shockwaves around the world. We're just hoping the next time anything significant occurs it's fairly positive. There is a good chance it will be and it's all thanks to new technology. Although these technologies aren't brand new they've not quite hit the mainstream yet. Fortunately, it won't be the case much longer. Let's take a


Financial institutions need to rethink security, say analysts

Computer Weekly

Financial services providers need to rethink their approach to information security, according to the results of a global survey


Figures suggest blockchain is a 'no brainer' in financial services

Computer Weekly

Blockchain has quickly established itself in financial services businesses, with companies in other industries likely to see a similar trend


Dubai financial services regulator launches temporary licence aimed at fintechs

Computer Weekly

Dubai is making it easier for financial technology companies to test out their ideas through a temporary licence


Financial cyber attacks increase as malware writers join forces

Computer Weekly

Financial malware attacks increased 16% in the second quarter of the year, driven by collaboration between the developers of two banking Trojans in the top the financial malware threats, says Kaspersky Lab


Readout from a Treasury Spokesperson of the Administration’s Meeting with Financial Regulators and CEOs on Cybersecurity in the Financial Services Sector

Doctor Chaos

Lew and Assistant to the President for Homeland Security and Counterterrorism Lisa Monaco co-hosted a meeting with financial services executives, financial regulators, and Administration officials to discuss cybersecurity and the financial stability implications of a significant cyber incident. Today, Treasury Secretary Jacob J.


Financial services firms advised to ditch private datacentres and invest in cloud

Computer Weekly

DTCC whitepaper claims financial services firms that shun cloud are at heightened risk of running into resiliency, security and performance issues


Running IT Like A (Financial) Business

Chuck's Blog - EMC

You wouldn’t try to run a business without good financial instrumentation — and the same is quickly becoming true for many progressive IT shops. It was perfectly acceptable to run around and manually gather key metrics at the end of a quarter or financial year.


Enterprise appetites for cloud-based financial apps on the rise, Gartner research suggests

Computer Weekly

Research into corporate appetites for cloud-based financial apps suggest demand is growing faster than expected, claims Gartner


BMW runs first Innovation Lab for financial services division

Computer Weekly

Five startups take part in luxury car manufacturer’s first “innovation lab” to develop financial technology solutions


Oracle Launches Financial Services Cloud

Data Center Knowledge

based financial services companies, the service integrates with other Oracle SaaS products Read More. Initially available to U.S.-based Cloud Computing Oracle


Top 10 financial services stories of 2016

Computer Weekly

Here are 10 of the most popular fintech articles on Computer Weekly in 2016


4 Ways ERP Improves Financial Clarity

IT Toolbox

Financial clarity is a must for organizations to operate smoothly. So, why would an organization use an outdated legacy enterprise resource management (ERP) application and expect to have financial clarity? It is the determining factor in which business processes work and which don’t. It’s also a requirement for any organization that wants to stay in business for very long.


Cyber criminals net £8bn from financial services in 2016

Computer Weekly

Organised cyber fraud gangs are turning their attention to online lenders and emerging financial services, potentially netting £8bn in 2016, a report reveals


Financial Conduct Authority concerned about cyber security of banks

Computer Weekly

The FCA expresses concern about the cyber security of banks after 9,000 Tesco Bank customers lost £2.5m in fraudulent transactions


Financial sector faces era of cyber mega heists

Computer Weekly

Banks and other financial institutions are threatened by a new breed of elite cyber criminals running professional operations that will use any means to achieve their goals, says Barclays security chief


6 Ways to Simplify Financial Records with ERP

IT Toolbox

Few would ever conjure thoughts of finances or financial records. Very rarely does one make a connection between an ERP system and the many benefits it offers a company’s financial management—in addition to the many ways ERP canWhen you hear enterprise resource planning (ERP), terms like manufacturing, production, inventory , and productivity come to mind.


5 Tips to Protect Your Financial Data


Around the world, millions of people are suffering from financial loss due to online hackers who are experts in stealing your personal information from the sites you visit, through the mobile apps you use. Check secure websites for financial transaction.


Latisys Expands to UK, Reveals Healthy Financials

Data Center Knowledge

High-touch hybrid hosting provider Latisys is expanding its platform to the UK, as well as disclosing some financials for the first time. The company has hit an annual revenue run rate of $100 million. Latisys


Combating Financial Fraud With Big Data

IT Toolbox

It is of course important to educate your customers on the risks of identity theft and follow generic guidelines to protect themselves online. In recent times however, big data is proving to be a lucrative channel to detect and combat identify theft related crimes


Financial Firms’ Cloud Security Practices Maturing: Report

Data Center Knowledge

Almost every financial services firm stores personally identifiable information in the cloud Read More. Shared


IBM: Financial services industry bombarded by malware, security threats

Network World

The financial services industry is the target of a whopping 65% more targeted cyber-attacks than the average business, according to security watchers at IBM’s X Force. The number of financial services records breached skyrocketed 937% in 2016 to more than 200 million. Financial institutions were forced to defend against a 29 percent increase in the number of attacks from 2015, IBM stated.