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Does IPC Outage Show Weakness Of Proprietary Networks?
IPC’s network outage earlier this month, caused by an explosion in a manhole outside a New Jersey data center, showed the problems with proprietary networks, said Patrick McCullough,, CEO of Speakerbus, a competitor provider of trading systems. “There’s a fundamental … Continue reading
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Advancing Financial Inclusion Through Fast Digital ID Verification
People around the world are on the move. Time Magazine estimates that 6 million Americans live abroad, the Australian government figures one million of its citizens live aboard, while refugees number around 60 million worldwide. Dilip Ratha, lead economist at … Continue reading
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Financial Regulations Will Surpass 300 Million Pages by 2020 Says JWG
RegTech, the use of technology to meet the growing number of financial regulations, needs a nudge from regulators, according to JWG, a London-based think tank with an unenviable focus on regulation. “JWG estimates that over 300 million pages of regulatory … Continue reading
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Bland Commentary On Fintech Issues From Davos
The World Economic Forum (WEF), the organization behind the Davos conference, has issued a paper calling for more discussion about fintech and financial institutions. “This publication represents the first time that incumbents, financial supervisors and fintechs have come together collectively … Continue reading
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SAS Offers FinTech Startups Access To It Data Tools
SAS has announced the launch of the SAS FinTech Incubator program which will give UK FinTech organizations free access to its big data technology assets and industry expertise to achieve their innovation goals. The company said the Incubator can slash … Continue reading
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Google Steers Wallet Cardholders to Simple, Amex
When Google announced last week that it will phase out its Wallet Card, it suggested that cardholders look to Simple or American Express for a replacement. “If you’re interested in finding a replacement for your Wallet Card, both American Express … Continue reading
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Commerzbank Shifts 70 Percent Of Balance Sheet Runs to SAP HANA
Commerzbank has gone live with an integrated set of finance and risk solutions powered by the SAP HANA platform. With the SAP Bank Analyzer set of applications, including the SAP Accounting for Financial Instruments application, Commerzbank is now able to … Continue reading
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It’s Baaaack! A Java Security Flaw Waratek Solves
A java security flaw that was supposedly fixed in 2013 is still vulnerable, according to a report by Security Explorations. Waratek, which provides a Runtime Application Security Protection (RASP) containers said it protects the full application stack using a pioneering … Continue reading
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US Poised For Some Growth in 2016 Says S&P
More Americans are quitting their jobs, and that’s a good thing. Standard & Poor’s thinks the U.S. should be celebrating its JOLTS rate – this cleverly appropriate acronym from the Labor Department stands for Job Openings and Labor Turnover Survey. … Continue reading
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Tagged American economy, job growth, millennials
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American Economy Is Doing Well — WSJ
A couple of weeks ago a Wall Street Journal columnist plaintively asked why the electorate was so angry and supporting people like Sanders and Trump when the economy was actually doing pretty well. Perhaps they had been reading the Journal’s … Continue reading
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