Archive

Archive for the ‘News’ Category

ABA Regulatory Compliance Conference

May 28th, 2009 2 comments

Attend the industry’s most respected regulatory compliance event!

You play a critical role in your institution’s overall risk management strategy as you constantly monitor the effectiveness of your compliance policies and procedures. For twenty-two consecutive years, the ABA Regulatory Compliance Conference has been the nationally recognized premier resource for compliance officers to get the tools they need to benchmark their progress towards full compliance. Our comprehensive conference agenda is a cost-effective way for you obtain the latest regulatory guidance and best practices in all areas of compliance. Designed and delivered by the nation’s leading experts, this conference provides direct access to senior regulatory officials that only the American Bankers Association can provide.

Who Attends?

Bank compliance officers (new to compliance attends the ABA Compliance School first), auditors, in-house and outside counsel, regulatory officials and examiners and consultants.

via Events: ABA Regulatory Compliance Conference.

Obesity and the Fastness of Food

May 27th, 2009 No comments

A graph that shows the relationship between time the average person in a given country spends eating and that country’s obesity rate (as measured by the percentage of the national population with a body mass index higher than 30).

INSERT DESCRIPTION

Obesity and the Fastness of Food – Economix Blog – NYTimes.com.

Categories: Fun, News Tags:

OneWebDay » About

May 27th, 2009 No comments

OneWebDay

OneWebDay is an Earth Day for the internet. The idea behind OneWebDay is to focus attention on a key internet value this year, online participation in democracy, focus attention on local internet concerns connectivity, censorship, individual skills, and create a global constituency that cares about protecting and defending the internet.  So, think of OneWebDay as an environmental movement for the Internet ecosystem. It’s a platform for people to educate and activate others about issues that are important for the Internet’s future.

Craig Newmark, founder of craigslist, said:

“OneWebDay reminds us that the net really is a democratizing medium, that everyone gets a chance to participate. If you want, you can stick your neck out and speak truth to power.” Tim Berners-Lee, inventor of the World Wide Web, added: ““OneWebDay is about ‘one web’ . . . Let’s celebrate, and let’s constantly work to make more, better, cleaner, stronger, deeper interoperability across the planet.”

How can you help the Web on OneWebDay?

  1. If you’re a Web user, use a standards-compliant Web browser like Firefox or Opera. They’re free, faster, and more protective of your privacy. And because they conform to Web development standards, they make things easier for people who make Web sites. If you’re a Web developer, test your sites with the w3c’s Markup Validation Service.
  2. Edit a Wikipedia article. Teach people what you know, and in so doing, help create free universal knowledge.
  3. Learn about an Internet policy issue from the Center for Democracy and Technology, and teach five other people about it. There are real legal threats that could drastically change the way the Internet works. We should all be aware of them.
  4. Take steps to ensure that your computer can’t be treated like a zombie. Computer viruses can steal your personal information. They can also cause major network outages on the Web, slowing things down and making sites inaccessible. Vint Cerf estimates that more than 150 million PCs have already been zombified, and are now awaiting their next order. To learn more about the threat of zombie computers, read this article.

Find more here.

Categories: Fun, News Tags:

The New Socialism

May 27th, 2009 No comments

Bill Gates once derided open source advocates with the worst epithet a capitalist can muster. These folks, he said, were a “new modern-day sort of communists,” a malevolent force bent on destroying the monopolistic incentive that helps support the American dream. Gates was wrong: Open source zealots are more likely to be libertarians than commie pinkos. Yet there is some truth to his allegation. The frantic global rush to connect everyone to everyone, all the time, is quietly giving rise to a revised version of socialism.

Communal aspects of digital culture run deep and wide. Wikipedia is just one remarkable example of an emerging collectivism—and not just Wikipedia but wikiness at large. Ward Cunningham, who invented the first collaborative Web page in 1994, tracks nearly 150 wiki engines today, each powering myriad sites. Wetpaint, launched just three years ago, hosts more than 1 million communal efforts. Widespread adoption of the share-friendly Creative Commons alternative copyright license and the rise of ubiquitous file-sharing are two more steps in this shift. Mushrooming collaborative sites like Digg, StumbleUpon, the Hype Machine, and Twine have added weight to this great upheaval. Nearly every day another startup proudly heralds a new way to harness community action. These developments suggest a steady move toward a sort of socialism uniquely tuned for a networked world.

Were not talking about your grandfathers socialism. In fact, there is a long list of past movements this new socialism is not. It is not class warfare. It is not anti-American; indeed, digital socialism may be the newest American innovation. While old-school socialism was an arm of the state, digital socialism is socialism without the state. This new brand of socialism currently operates in the realm of culture and economics, rather than government—for now.

via The New Socialism: Global Collectivist Society Is Coming Online .

Categories: Fun, News Tags:

Safer Credit Cards

May 20th, 2009 No comments

Congress moved a full step closer to making it less hazardous for millions of Americans to keep using their credit cards. The Senate voted 90 to 5 Tuesday in favor of a reform that would prohibit credit card issuers from such unfair tactics as tripling interest rates overnight or passing out cards to clueless teenagers.

All customers would have to be notified 45 days in advance of any rate increase, and young people (under 21 in the Senate bill, 18 in the House version) would need an adult’s signature or proof that they have a way of repaying any new debt before getting a new card.

via Editorial – Safer Credit Cards – NYTimes.com.

Categories: Banking, News Tags: ,

Microsoft Pinpoint

May 15th, 2009 No comments

Microsoft Pinpoint is available for Beta users, which will allow to find products and services from Microsoft certified companies.

You can search anything like “Idola Infotech” or “Risk Management Solutions”.

Categories: News, Technology Tags: ,

Google’s service outage

May 15th, 2009 No comments

Google’s SVP, Operations about the service outage yesterday:

An error in one of our systems caused us to direct some of our web traffic through Asia, which created a traffic jam. As a result, about 14% of our users experienced slow services or even interruptions. We’ve been working hard to make our services ultrafast and “always on,” so it’s especially embarrassing when a glitch like this one happens. We’re very sorry that it happened, and you can be sure that we’ll be working even harder to make sure that a similar problem won’t happen again. All planes are back on schedule now.

via Official Google Blog: This is your pilot speaking. Now, about that holding pattern….

Categories: News, Technology Tags:

15th Issue of SAR Activity Review

May 14th, 2009 No comments
  • assessment of SARs filed by the securities and futures industry by FinCEN’s Office of Regulatory Analysis as well as information from staff of the Securities and Exchange Commission (SEC) on how to file SARs, the SEC’s use of SARs and the consequences to regulated institutions for failure to file
  • covers the securities industry, Ponzi schemes and mortgage fraud cases
Categories: Banking and Compliance, News Tags:

TG-128: Statement by Secretary Geithner on the Bank Secrecy Act
Advisory Group Plenary Meeting

May 14th, 2009 No comments

Secretary Timothy F. Geithner following the semi-annual plenary meeting of the Bank Secrecy Act Advisory Group (BSAAG):

The Bank Secrecy Act continues to be a powerful weapon against fraud, but that weapon is only useful when it is armed with the valuable information that our private sector partners provide.  This partnership has proven its resilience throughout these financial times because our efforts to fight financial crimes are collaborative and because we seek common ground to safeguard the financial system.  I am confident these joint efforts will thrive into the future.

via TG-128: Statement by Secretary Geithner on the Bank Secrecy Act
Advisory Group Plenary Meeting
.

Categories: Banking and Compliance, News Tags:

Metavante Technologies, Inc. Takeover Investor Lawsuits

May 8th, 2009 No comments

Apr 28, 2009 – Two investors in Metavante filed lawsuits on behalf of current investors in shares of Metavante Technologies, Inc. (NYSE: MV), who purchased their shares prior to the proposed takeover of Metavante by Fidelity National Information Services for $2.94 billion in stock, in Milwaukee County Circuit Court against Metavante, its CEO, directors, and others alleging the offered price is too low and the board of directors breached their financial duties in agreeing to the sale under the present conditions.

via Metavante Technologies, Inc. Takeover Investor Lawsuits.

Categories: News Tags: