New York Stock Exchange Euronext's technology division today announced <a href="http://www.nyse.com/press/1306838249812.html">a cloud services offering</a> for the capital markets community, a product it described as the financial services industry's first <a href="http://www.computerworld.com/s/topic/158/Cloud+Computing">cloud</a> platform.
Financial services organisations might be conservative when it comes to moving core functions to the Cloud, but that hasn’t stopped the industry from embracing as many as 20 Cloud services already, according to an IT strategist at BT Financial Group.
Three top U.S. banks are collaborating on a service that will allow the transfer of funds by simply logging in to a personal online bank account and entering the name and mobile phone number of the person receiving the money.
Hold on to your hat. The first of the social networking sites is about to launch its initial public offering, or IPO.
Some U.S. companies may unwittingly be funding businesses in China to the tune of millions of dollars.
BOSTON -- Financial services firms are now using social media to get customers involved in online discussion forums, advertise services and monitor what's being said about their businesses.
HCL Technologies, a global IT services provider based in India, has posted 33.5 per cent year-on-year increase in global revenues for the third quarter of 2010-2011, with Australian operations playing a significant role thanks to a deal with the Commonwealth Bank of Australia (CBA).
Convicted hacker Albert Gonzalez, who is currently serving a 20-year prison sentence after pleading guilty to the massive hacks at TJX, Heartland and numerous retailers, now claims that he thought he was authorized and directed by the government to carry out the illegal activities.
Company size is not necessarily an indication of an enterprise’s ability to deploy Green IT initiatives, according to findings from Fujitsu’s Green IT benchmark research for the financial services industry. In the fourth report undertaken with research partner, Connection Research, Fujitsu surveyed 638 organisations in four countries — the US, UK, Australia and India — looking at areas such as Green IT lifecycle, end-user efficiencies, enteprise and data centre efficiencies, the use of IT in carbon reduction and measurement and monitoring.
Research compares the Green IT maturity of financial services institutions in four countries: the United States of America, the United Kingdom, Australia and India.
Credit Union Australia (CUA) has announced it will migrate its core banking platform to Tata Consulting Services’ BaNCS system over the next two years.
Bankwest's revamped website will take advantage of crowd-sourcing with user-generated comparisons and a range of new online-shopping inspired functions designed to reflect a more retail, customer-centric perspective.
Just over a year ago, Tohru Futami, CIO and managing director at AIG Edison Life Insurance Co. in Japan, knew that his company needed to upgrade its core applications -- the systems were seven years old and often didn't let the back office and the sales staff share information in a timely manner. Furthermore, some of the company's processes were still paper-based.
Cybercriminals in Eastern Europe have begun using a dangerous new malware program to steal from online bank accounts in the U.S.
Reports that the next iPhone and iPad could include Near Field Communication (NFC) technology have raised the prospect that many more consumers in the U.S. will soon be able to use their devices to pay for almost anything -- a candy bar, a subway ride, a parking space, or a bag of groceries.