The Board of Directors of Nordea Bank AB has appointed Casper von Koskull new president and Group CEO and Torsten Hagen Jørgensen new Group COO and deputy Group CEO.
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Conventional risk tools are no longer fit for 21st century businesses, according to Airmic’s chief executive. John Hurrell said a new approach to risk mapping should be considered and urged members to get involved in the debate on Airmic’s discussion paper on risk and the business model.
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Harry Smorenberg

As we are still very much focused on payment developments in the areas of cards, mobile, and new instant payment infrastructure… technology will change the payment / transaction space dramatically. Bitcoins opened the eyes of many where the existing gatekeepers raised many questions, afraid for the unknown and uncontrolled new market movements. But the various developments of “Bitcoins” is just one face of the underlying potential of “Blockchain technology” ! Blockchain is well positioned to change the entire transaction landscape dramatically.
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MasterCard and Samsung Electronics Co., Ltd announced they are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver Samsung Pay in Europe. Samsung Pay is a mobile payment service that will enable consumers to use their Samsung flagship mobile devices to make every day in-store purchases at contactless and magnetic stripe terminals leveraging NFC and MST technologies. Continue reading…

Mr. Lee Stewart, a former trader at Rabobank has been banned by The Financial Conduct Authority for lacking honesty and integrity following a criminal conviction for fraud in the USA. Continue reading…

Michel Klompmaker

Russia is one of the world’s economic powerhouses, home to many multinational corporations (MNCs) and set to enact a new, very specific data management law this year. From September 1st 2015, law #242 will come into force, affecting existing laws #149, #152 and #294 respectively, all of which focus on data, information and its protection and confidentiality of Russian Citizens.

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The European Central Bank signed a memorandum of understanding (MoU) with European industry associations, banknote equipment manufacturers and other partners. This strengthens the ECB’s Partnership Programme, which contributed to the smooth introduction of the new €10 banknote in 2014. Continue reading…

LeasePlan Corporation N.V., a global leader in fleet management and driver mobility, today announces that it has been informed by its current 100% shareholder Global Mobility Holding B.V. (a joint venture of Volkswagen Aktiengesellschaft and Fleet Investments B.V.) that it has reached an agreement with a consortium of long-term investors (“the Consortium”) to acquire full ownership of LeasePlan. Continue reading…

Ralph C. Losey and Markus Hartung will be the Keynote Speakers for the LawTech Europe Congress in Brussels. Ralph’s position as lead eDiscovery attorney in the landmark case “Da Silva Moore” and his passion for artificial intelligence as well as Markus’ revealing 2014 study on the future of the legal industry will enhance delegates experience at this conference. Continue reading…

Some days after the agreement paving the way for a new support programme for Greece, the European Commission revealed plans to help Greece maximise its use of EU funds. As mandated by the Euro Summit on 12/13 July, this will help mobilise more than €35 billion up to 2020 to support the Greek economy, provided that the conditions agreed upon by the Euro Summit will be met. Continue reading…