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As financial services companies across the globe come under intensified scrutiny in the wake of the banking crisis, public confidence in the current financial system remains low. One aspect of the fallout are the rules on the movement of electronic data, which - according to a Microsoft executive - are urgently in need an overhaul. Drew Hillier investigates how data loss and leakage, particularly, is forcing financial services companies to act more efficiently.
Straight from the retail market where mobile banking is fast taking grip, mobile technology is now enabling corporate treasurers to respond on a timely basis and authorise payments on the move and bring their corporate treasury systems up to speed.