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Businesses Face Huge Upturn in DDoS Attacks - 27 January 2015

The size, complexity and frequency of cyber-attacks continues to rise, with customer infrastructure and data centres becoming prime targets and the average distributed denial of service (DDoS) attack now 50 times bigger than it was a decade ago, according to Arbor Networks ...

IoD: Late Payments ‘Scandal’ Undermining UK Economic Revival - 27 January 2015

The UK’s Institute of Directors (IoD) has warned large businesses that the ‘scandal’ of late payments is undermining the country’s economic recovery, and said that major corporations’ failure to pay bills promptly could be a trigger for regulation ...

Australian Companies Demand Better Value - 27 January 2015

Australia’s top 500 enterprises by revenue not only want better value from their bank, they’re prepared to walk out of long-standing relationships to get it according to research by banking analysts East & Partners ...

Asian Corporates Resilient to Growth Slowdown: Moody’s - 27 January 2015

Asia and its corporate sectors will be resilient to global macroeconomic challenges in 2015, with less vulnerability to external shocks than other emerging economies and with sound fundamentals that compare well with many regions in the world, says Moody’s ...

Firms Seeking Clarity on Conduct Risk - 26 January 2015

Managing and mitigating conduct risk continues to be one of the highest regulatory priorities, yet financial services firms remain unclear about what conduct risk is and how to address it reports Thomson Reuters ...

Amazon Ends its Wallet App Venture - 23 January 2015

The payment services provider (PSP) sector has one less member as Amazon has ended its bid to enter the world of mobile payments via Amazon Wallet, an Android app that received a low-key launch last summer ...

BoE Reassures Insurers over Capital Adequacy Rules - 23 January 2015

The Bank of England (BoE) has reassured UK’s biggest insurance companies that they will not be unduly impacted by tougher capital requirements under the new Europe-wide Solvency II regime ...

Fitch Sees QE as Reducing Europe’s Deflation Risk - 23 January 2015

The European Central Bank’s (ECB) large and potentially open-ended asset purchase programme reduces the risk of prolonged deflation in the eurozone through a weaker euro and a boost to confidence, says Fitch Ratings ...

European QE Sparks Warning of Currency War - 22 January 2015

European companies have been warned that the European Central Bank’s (ECB) confirmation that it will embark on a quantitative easing (QE) programme could spark a currency war with the UK ...

Alternatives Grow to Fill Real Assets Funding Gap - 21 January 2015

An increasing number of funds and other non-bank vehicles are being used to attract institutional capital for fund commercial real estate (CRE), infrastructure, project finance and other longer-term, real assets, according to Fitch Ratings ...

AFP Survey: Earnings Uncertainty, Cyberattacks Top of Mind - 21 January 2015

Uncertainty over corporate earnings continues but is levelling off, according to corporate treasury and finance executives surveyed by AFP. Cyberattacks are also top-of-mind for many financial professionals, with reputational risk viewed as the most serious consequence ...

Treasury Function ‘More Strategic than Ever’ - 21 January 2015

Treasury groups report that their function is more strategic than ever before, with an increased focus on scaling the treasury organisation, related technology to support global operations, cash repatriation and liquidity risk management, reports Deloitte ...

UK’s SFO Closes Probe into Autonomy Sale - 20 January 2015

The UK’s Serious Fraud Office (SFO) has closed its criminal investigation into the controversial sale of Autonomy to Hewlett-Packard, although the US Department of Justice (DoJ) will continue its review of the deal between the two software groups ...

Ryanair Wins Court Victory over Price Comparison Sites - 16 January 2015

The European Court of Justice (ECJ) has ruled that Irish budget airline Ryanair has the right to block or impose conditions on price comparison websites that mine data from the low-cost carrier’s online database without its permission ...