More than 85 per cent of financial institutions have taken no practical steps to counter the threat of electronic fraud, according to a study of 876 firms in the UK. Robin Bosworth-Davies, principal consultant of Unisys' Financial Compliance Group...
The new guidelines have been issued by City watchdog the Financial Services Authority, the Bank of England and the Treasury and are intended for financial institutions, companies and consumer groups in the UK that are not yet sufficiently familiar...
Anti-money laundering guidelines from regulators such as the UK's Financial Services Authority will also push financial institutions to spend on automated artificial intelligence and analytics mechanisms to detect and prevent fraud, with...
In other words, individuals (and institutions) must have an account with Google to be able to bid for stock in the auction. This allows individuals to participate on an equal basis with the financial institutions.
Compliance can be a daunting word for IT managers. Handling compliance and risk have become inescapable elements of the modern CIO's role as they strive to ensure the business can forge ahead while not exposing areas of weakness or potential...
It usually comes down to how people behave in institutions," he warns. By identifying and starting with the business objectives, you make sure that you're properly aligned and focused," says Lobel. You can adopt a compliance-based approach and tick...