• 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.

• Researcher traces 'Gameover' malware to maker of Zeus

  The "Gameover" malware that the FBI warned users 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.

• ASIC ups its market surveillance

  The Australian Securities and Investment Commission (ASIC) is looking to make significant changes to the ICT underpinning its white collar crime fighting abilities in response to faster trading speeds and high trading volumes.

• IBM announces tech deals with five African banks

  IBM Wednesday announced the signing of five strategic agreements in the Kenyan financial services sector, which it said are another example of the growing wave of innovation in African banking.

• Westpac moves IT to the back office

  Westpac is to carry out an organisational reshuffle which will see its IT department move from the forefront to the backseat of the organisation.

• Banking services aim to help Gen Y manage money

  PNC Financial Services is targeting 18- to 24-year-olds with its Virtual Wallet, a mobile and online banking service that is designed for people who are setting up their first bank accounts. Since the service launched in August 2008, PNC is averaging 200 new accounts per day, says Michael Ley, vice president at PNC.

• How IT could have prevented the financial meltdown

  In the coming weeks the feds and the surviving financial services institutions will have the daunting task of unraveling all the securitized loans and other instruments that are hiding the toxic investments. But does the technology exist to do that? And if so, could it have been used to prevent the bad debt from hitting the fan in the first place?

Whitepapers about finance

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  Integrating Operations and Finance: A Two-Way Street

  Operational and finance integration should not be a one-way street for financial and general managers that’s used only for external reporting and executive decision making. Integration should be a two-way street allowing financial information to go both ways. Read on for more.

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  Journal of Management Excellence: Creating Value

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  The Transformational CFO: Integrative SaaS and the Power to Change