Automation boosts market volatility, analysts say
Over the past month, stock market indices have looked like a lot like a Six Flags roller coaster, with 500 point swings either way -- often on a daily basis.
Over the past month, stock market indices have looked like a lot like a Six Flags roller coaster, with 500 point swings either way -- often on a daily basis.
Firefox users may have experienced problems accessing JPMorgan Chase's website chase.com today when the bank experienced problems with an outdated security certificate.
The tech industry's answer to this week's stock market roller coaster was delivered on Tuesday by the mighty Apple Inc.
It has been years since the banking industry made any large investments in core IT systems, but some of the largest financial services firms in the U.S. are now in the midst of rolling out multi-million dollar projects, according to industry experts.
JP Morgan is now able to run risk analysis and price its global credit portfolio in near real-time after implementing application-led, High Performance Computing (HPC) capabilities developed by Maxeler Technologies.
Isis officials today named Austin, Texas, as their second 2012 launch market for the carrier-backed venture that relies on Near Field Communication-ready smartphones to help consumers buy goods from merchants there.
NYSE Euronext's technology division this month <a href="http://www.nyse.com/press/1306838249812.html">announced</a> what it called the first cloud service for the financial services industry.
Tesco has revealed that it is in the final stages of re-platforming its banking business.
Enterprises got some much needed clarification on the implementation of PCI requirements in virtualized environments on Tuesday.
A Maine judge's ruling in a case involving a business that sued its bank after losing $345,000 in a cyber heist could set a precedent about how diligent companies must be in protecting their assets online.
In an acknowledgement of the severity of its recent computer compromise, RSA Security said Monday that it will replace SecureID tokens for any customer that asks.
The New York Stock Exchange has built a VMware-based cloud computing service for financial firms, which goes live today from a data center in New Jersey with expansions planned for Toronto, Tokyo and London.
IT execs in the financial services industry say they plan to increase tech spending and use more <a href="http://www.networkworld.com/supp/2011/enterprise1/020711-ecs-main.html">managed services</a> as they struggle to process data faster, less expensively and more reliably.
Visa's plan to <a href="http://www.computerworld.com/s/article/9216616/Visa_to_launch_mobile_wallet_in_U.S._this_fall">launch a digital wallet system</a> in the U.S. and Canada this fall is by far the largest and most ambitious of any similar initiative announced by credit card processors, banks or wireless carriers.
Westpac has restored its online banking service following a prolonged outage, caused by an air-conditioning fault at a data centre. The bank’s group executive for retail and business banking, Rob Coombe, has also apologised to customers, promising a review of the events that caused the system failures.