MiFID II is one of several financial industry directives being implemented across Europe at the moment, and all are designed to improve the fairness and transparency of the financial services industry – January 2017 might seem a way off, but it is closer than you think. Setting aside whether or not you agree with the specific measures these directives create opportunities and challenges for the IT departments of every financial services organisation.
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Guidance Software, Inc. (NASDAQ: GUID), maker of EnCase®, the gold standard for digital investigations and endpoint data security, today announced it has funded a program at the California Institute of Technology (Caltech) to support data security research using advanced anomaly science.
Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, today announced that its Board of Directors has approved a new $100 million share repurchase plan. This new share repurchase plan is in addition to the previously authorized $100 million share repurchase plan which is nearing full utilization.
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I know I write about Apple Pay quite often, but was surprised to hear that one of my colleagues recently purchased an iMac in the Apple Store using his Apple Watch and Apple Pay. Yes, he’s an Apple guy, but really? A £1,000 purchase with a fingerprint? I thought, as do most, that you could only make small transactions using contactless payments. In the UK under £20 (£30 from September 1) and in the USA under $25. But it is not the case at all.
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Delta Capita, an international consultancy specialising in delivering business and technology solutions to financial services organisations, has announced the appointment of Kevin Covington to its Board. Kevin will be joining as a Non-Executive Director.
Kevin is well-known within the financial services industry for his technology expertise, and has featured in the top 40 of Institutional Investor’s Trading Technology’s most influential people for two consecutive years. He also acts as a mentor at a number of fintech accelerators.
SWIFT recently organised a Know Your Customer (KYC) roadshow in 10 countries across the Middle East and North Africa to look at the impact of KYC regulations on the banking and financial community and to highlight solutions that reduce the cost of compliance.