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ICO orders Welsh council to improve on data protection

The ICO has ordered Anglesey County Council to improve its data protection practices after it repeatedly failed to address security and privacy issues.

Two separate security incidents as far back as 2011 led to the council signing undertakings to make changes and improve practices. But despite committing to the improvements, audit visits in July 2013 and October 2014 still found unresolved problems with the security of personal data.

Anne Jones, Assistant Commissioner for Wales said:

Wednesday, October 7, 2015 - 11:48
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Institutional Banks Struggle with Cross-Jurisdictional Regulatory Compliance and Entity Data Management

Fenergo, the leading provider of Client Lifecycle Management solutions for institutional banks, has today published key findings from new research commissioned from the Aite Group which suggests that financial institutions are struggling to manage regulatory compliance and entity data management obligations across multiple jurisdictions.

 

Wednesday, October 7, 2015 - 11:20
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Thomson Reuters Leads Way for Openness in Financial Services with New App Development Suite in Eikon

Thomson Reuters today announced enhancements to the open capabilities of its flagship financial desktop, Eikon, which will help foster innovation, boost productivity and enhance client servicing for financial institutions around the world.  App Studio in Eikon allows third-party developers to create apps that display as native applications on the Eikon screen, distributing them directly and securely to Eikon users.

Wednesday, October 7, 2015 - 11:13
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Duco Appoints Emmanuel Lesur as Chief Revenue Officer

 Duco, a London-based fintech provider of hosted reconciliation services, announced that the firm's expansion continues with the appointment of Emmanuel Lesur as Chief Revenue Officer (CRO), responsible for global sales.

Duco Chief Executive Officer and Co-Founder Christian Nentwich, Ph.D., said: "Emmanuel has a proven track record of building a stable global sales force, growing revenues and managing talented professionals. He is a terrific addition to our management team, which is focused on delivery of the next round of growth for Duco."

Wednesday, October 7, 2015 - 11:08
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Saxo Payments reached a new partnership with PSI-Pay

Saxo Payments, the global transactions services provider, has secured a new partnership with PSI-Pay, the end-to-end account and card-based payments solutions provider.

Wednesday, October 7, 2015 - 10:57
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Eze Castle Integration Awarded Prestigious HFM Asia Hedge Fund Services Award

Eze Castle Integration, a leading provider of strategic IT solutions and private cloud services to hedge funds and the investment industry, today announced it has been awarded "Best Technology Provider - Client Service" in the HFM Asia Hedge Fund Services Awards. The HFM Asia Awards recognise and reward the industry's leading hedge fund service providers for the outstanding service and support they have provided to the Asia hedge fund industry over the past 12 months.

Wednesday, October 7, 2015 - 10:54
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The future is biometric, but privacy fears must be confronted

Over the summer, Mobey Forum’s Biometrics and Security Workgroup, set up to explore opportunities and use cases for biometric authentication in mobile money, met with The Biometrics Institute and the Natural Security Alliance, in a bid to exchange knowledge and expertise.

Biometrics adoption is gathering pace, particularly in mobile financial services (MFS). Acuity Market Intelligence estimates that by 2020, mobile biometrics will be used to authenticate almost 65% of all mCommerce transactions, creating a market worth in the region of $34.6bn annually.

Wednesday, October 7, 2015 - 10:49
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AxiomSL announces IFRS 9 partnership with AlgoSave

 AxiomSL, a global provider of regulatory reporting and risk management solutions, announced today that it has formed a partnership with AlgoSave, a provider of credit modelling products. As part of the agreement, AlgoSave’s expected credit loss (ECL) model has been integrated into AxiomSL’s solution for International Financial Reporting Standard 9 (IFRS 9).

Wednesday, October 7, 2015 - 10:30
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Vasco to acquire e-signature firm Silanis

VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, electronic signatures, and identity management, announced today the execution of a definitive agreement to acquire privately held Silanis Technology, Inc. (Silanis), a leading provider of electronic signature (e-signature) and digital transaction solutions used to sign, send and manage documents.

Wednesday, October 7, 2015 - 10:20
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TienPhong Bank accelerates payments innovation with selection of SmartVista

BPC Banking Technologies, the leading provider of Open System payment solutions, today announces TienPhong Commercial Joint Stock Bank (TPBank) has selected SmartVista to replace their current card solution and legacy payments systems. This will provide TPBank enhanced capabilities in all aspects of payments including full in house processing of ATM and POS transactions together with improved card issuing. The initiative will also boost the capabilities of TPBank’s award winning mobile and internet banking services.

Wednesday, October 7, 2015 - 10:14
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