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Financial Services Topic Center

Finance IT: How the financial services industry uses technology

How to protect online transactions

The trusty telephone is emerging as one of the key elements in new multifactor authentication schemes designed to protect online banking and other web-based financial transactions from rapidly evolving security threats.
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Hungarian hacker gets 30 months for extortion plot on Marriott

A Hungarian hacker who attempted to extort money from Marriott International Inc. by stealing confidential data from its computers and threatening to expose it was sentenced to 30 months in prison.

Ice IX banking Trojan steals info that enables fraudsters to hijack phone calls

New variants of the Ice IX online banking Trojan program are tricking victims into exposing their telephone numbers so that fraudsters can divert post-transaction verification phone calls made by banks to phone numbers under their control, security researchers said.

Researcher traces 'Gameover' malware to maker of Zeus

The 'Gameover' malware that the FBI warned about earlier this month is a preview of the next version of the even-more-notorious Zeus money-stealing Trojan, a security researcher said today.

TD Bank gets social for better business

After a number of acquisitions, TD Bank Group turned to social collaboration software to help employees span international borders and work together. Insider (registration required)

Bank IT spending to be 'rocky' through 2013

Tech spending by banks will grow this year at a slower pace than in 2011, a trend expected to continue until global economic conditions improve and banks begin to see the benefits of new IT, according to Celent.

ITC probes patent complaint against mobile device makers

The U.S. International Trade Commission has launched an investigation of patent infringements alleged by patent acquisition firm Digitude Innovations against a who's who of smartphone and tablet makers.

IBM announces tech deals with five African banks

IBM today said it has signed IT service agreements with five African banks that are upgrading core systems or expanding products.

Google invests in more renewable energy production capacity

Google has paid $94 million for a stake in four photovoltaic power generation projects around Sacramento, California, bringing its total investment in renewable energy generation this year to $880 million, it announced Tuesday.

Senators urge FTC to investigate Google

Two U.S. senators on Monday urged the U.S. Federal Trade Commission to investigate Google for possible antitrust violations.

The CFO's role in the data breach war

Finance, working with IT, increasingly must manage the serious risks, from planning to handling fallout.

Why healthcare IT security is harder than the rest

In this interview, security expert Gunnar Peterson explains why securing health care IT systems is quite different from other types of business IT infrastructure.

10 questions for CDW CFO Ann E. Ziegler

-- Name: Ann E. Ziegler

A Special eGuide: Financial Services, an Industry on the Vanguard

This eGuide from the editors of Computerworld offers a look at technology shifts throughout the financial services industry. Insider (registration required)

Industry-specific clouds come rolling in

Airlines and financial services firms have their own clouds, or will shortly. Here's what you need to consider before jumping.

First look: Google Wallet lets you tap 'n' spend

Google's smartphone payment app, Google Wallet, has brought the ease of paying for goods with the tap of a phone to America.

QuickPoll: Will you ditch your wallet and use an NFC phone for payments?

Google is said to be working with MasterCard and Citigroup to deploy NFC technology inside of Android phones to allow mobile payments. Apple is expected to deliver NFC on its next iPhone, which could create critical mass for mobile payments. Will you ditch your wallet and use your smartphone for payments?

When the CIO is also the CFO

Some would argue the relationship between IT and finance is naturally combative. So what happens when one person holds two titles -- CIO and CFO -- in the same company?

The business of risk management

CIO sat down with the head of actuarial studies at the Australian School of Business, University of NSW, Associate Professor John Evans, to talk risk management and the role it plays in the enterprise.

A&G IT director talks business continuity

A&G insurance is probably best known for its Budget Direct insurance brand. IT director, Paul Malt, talks to CIO.