1025 articles tagged with this keyword
News/Legal
A probe into the EUR5bn Société Générale rogue trading scandal by the French government has revealed that the bank was warned last year that its security systems and internal controls were lacking.
04 February 2008
Troubled Irish e-payments firm Payzone says at the request of 60% of its shareholders, it is calling an extraordinary general meeting (EGM) to approve the removal of CEO John Nagle and CFO John Williamson from the company.
The European Commission (EC) says it is referring Spain, Poland and the Czech Republic to the European Court of Justice for failing to transpose the Markets in Financial Instruments Directive (MiFID) in national law.
01 February 2008
The first stage implementation of the single euro payments area (Sepa) - which aims to make cross-border payments as cheap as domestic transactions - has gone live with the official launch of the Sepa payment instrument for credit transfers.
28 January 2008
Turquoise, the bank-backed equities trading platform that is being set up to compete with the domestic stock exchanges in Europe, is teaming with Nasdaq-listed Progress Software and London-based consultancy Detica to offer a real-time trading surveillance system.
Seven former Citibank staff are facing over 1000 charges under Singapore's Computer Misuse Act and bank secrecy laws over client details allegedly stolen from the US bank and passed on to rival firm UBS.
25 January 2008
The UK's Financial Services Authority (FSA) is set to review the regulation of insurance comparison sites amid concerns that current rules do not adequately protect customers.
22 January 2008
Card issuer GE Money has reported that a computer tape containing confidential information belonging to over 650,000 credit card holders has been lost.
21 January 2008
A Chinese court will re-hear the case of a man who was handed a life sentence for taking funds from a faulty cash machine which deducted just Yn1 from his account for every Yn1000 withdrawn from the ATM.
18 January 2008
Irish e-payments firm Payzone has suspended trading in its shares a day after its CEO John Nagle and CFO John Williamson successfully fought off efforts to oust them.
17 January 2008
MasterCard's debit card subsidiary Maestro has lost its legal battle with a UK Internet domain name dealer over the ownership of the maestro.co.uk Web address.
15 January 2008
Chicago-based Trading Technologies (TT) has dismissed as "not accurate" claims made by Cantor Fitzgerald unit eSpeed last week that a senior district judge overturned a jury's decision to award it damages for patent infringement.
The European Commission has given the go-ahead for the creation of a payment cards joint venture between Allied Irish Banks and First Data.
11 January 2008
A box of files belonging to UK insurance group Prudential and including the banking details of 200 customers has been found on a motorway slip-road after it apparently fell out of a courier's van, according to press reports.
US electronic bond trading network eSpeed says a senior district judge has overturned a jury's verdict that earlier versions of its futures trading software infringed patents held by Trading Technologies (TT), in the latest move in the long-running patent-infringement lawsuit between the two companies.
New York financial analytics outfit RiskMetrics Group says it will sell a total of 14 million shares at an estimated price of $17-$19 apiece in its forthcoming initial public offering (IPO).
10 January 2008
Linden Labs, the San Francisco-based creator of 3D online universe Second Life, is banning all unregistered and unregulated 'banks' from the virtual world.
A fraudster managed to con high street bank Barclays out of £10,000 in a credit card scam by posing as its high-profile chairman Marcus Agius.
The European Central Bank has won an appeal in a French court against Document Security Systems (DSS), the New York-based provider of anti-counterfeit software that filed a patent infringement lawsuit against the central bank in 2005.
09 January 2008
UK high street bank Halifax is facing a lawsuit brought by a customer who claims that fraudsters cloned his chip-based card and withdrew £2100 from his account at ATMs.
07 January 2008
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