India Uses Its Biometric Database to Enable Banking Access for The Country’s 1.2 Billion Population

India is using its wide biometric ID system, the Aadhar database, to bring banking services access to more of its people. An Indian bank already introduced an ATM where people can use their Aadhar ID number or ID card to make transactions instead of a PIN.

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Regulator's Wall Street data collection plan too costly, invasive: SIFMA

A massive data collection system that Wall Street's industry-funded watchdog is pushing in order to ramp up oversight would cost clearing firms $680 million to build, plus other costs to the industry that far exceed the regulator's initial estimates, a major trade group said on Monday.

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Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over

Larry Ellison, co-founder and leader of Oracle Corp (ORCL.N) for almost four decades, stepped aside as chief executive on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, but stressed that nothing at the business software company will change.

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Clustrix clinches $10M in Series D funds

Clustrix announces the new funding worth $10M from HighBar.

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Calpers delays database launching

Calpers, a US $259 billion fund, delays the launching of its database that would make known information about their pensioners.

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European Banking Authority to create banker database

To prevent cross border issues, the European Banking Authority stands to create a database on bankers and key bank functions for sharing between countries.

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