Securities Industry News

Hold the phone: retailers eye payments via smartphone

Near Field Communication (NFC) will enable contactless mobile payments at the register An emerging technology called Near Field Communication will soon give new meaning to the phrase “tapped out.” Once NFC systems become widespread, which could happen as soon as next year, consumers will be able to pay for purchases at the checkout counter by […]

Open Cloud Initiative President Outlines Mission

The Open Cloud Initiative, a non-profit organization established to advocate for open standards in cloud computing, officially launched last week and announced a 30-day public comment period on its Open Cloud Principles, which are focused on interoperability, avoiding barriers to entry or exit, and ensuring technological neutrality. The principles, however, are not intended to point …

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Six Steps to Better IT GRC

Securing corporate IT systems is crucial, but there are ways to make that effort more productive and less costly.

Companies have spent years beefing up their information technology governance, risk and compliance systems.   With cutting costs now top of mind… Read the rest

Enterprise Risk Management: Getting Holistic

The recent financial crisis has demonstrated that securities firms need to change the way they approach risk, needing now to consider a wider variety of economic scenarios and to evaluate risk in an enterprise-wide holistic way. To date, most securities firms have focused on segments of risk, said Richard Thornton, a manager with the London-based …

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