2015 has been a fantastic year for BIAN, overall we are aiming for all of our members to work together to build and promote a common architectural framework for banking interoperability issues.
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Expedient, a provider of information technology cloud infrastructure services, successfully earned an Attestation of Compliance (AOC) for its Report on Compliance (ROC), in support of hosted client credit card data environments. Validation of compliance and publication of this documentation is conducted annually pursuant to the PCI DSS standard.
nCino, the leader in cloud banking, announced today that Augusta, Ga.-based Georgia Bank & Trust has selected its Bank Operating System to advance the bank’s commercial loan workflow and provide transparency across the institution.
As a set of principles, rather than hard and fast requirements, the guidelines of BCBS239 laid down by the Basel Committee on Banking Supervision can present substantial challenges to compliance. One of the biggest tasks is working out what to monitor, measure and report on, as well as how to present these findings.
I’m often asked how quickly the changes I outline will take place, and my answer is between 10 and 20 years. The building of the real-time, almost free financial network on the internet using blockchain and mobile will take about a decade at least before it becomes mainstream. Oh, some go. That’s a way off. Can we talk about something happening sooner?
Brits have been found to rely heavily on going into debt during the festive season, with one in three (31 per cent) consumers admitting to not knowing how they would pay for Christmas without incurring debt, a new study by financial technology company Intelligent Environments shows.
The festive season is known for shopping, and 44 per cent of consumers have stated they will go into debt to pay for this year’s Christmas presents. Additionally, a quarter (26 per cent) believe they will miss at least one repayment and incur a late fee this Christmas.
Misys, the leading financial software company, has launched Misys FusionCapital, its next generation platform for capital markets, in the cloud. We are pleased to announce Hewlett Packard Enterprise (HPE) is the first partner to provide a highly secure, enterprise-grade cloud platform for clients wanting to benefit from this cloud-based solution.
ITRS Group has launched ITRS Insights, a new IT Operation Analytics (ITOA) application, built on its new Valo technology. Both the application and technology address the challenge of running real-time analysis and search functions on time-series, semi-structured and even unstructured data simultaneously. Valo is an industry independent technology, and ITRS Insights brings these abilities to the growing ITOA space to help businesses extract maximum value from their increasingly plentiful and important operational data.
FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced that the FIX Protocol will now support higher time stamp resolution to enable market participants to be MiFID II compliant.