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The European Central Bank will set up a database to register incidents of cyber crime at commercial banks, aiming to create an early warning and analysis system for big lenders, it told a German newspaper.
SWIFT's payment network was not hacked in the US$81mil (RM326.28mil) heist on the Bangladesh central bank earlier this year, SWIFT's chief executive said, adding it was unlikely to be the last such attack on a bank.
Italian police arrested two siblings on Tuesday for hacking into the e-mails of European Central Bank President Mario Draghi, former prime minister Matteo Renzi and thousands of others.
French billionaire Patrick Drahi plans to launch an online bank by early 2019 in the European countries where his telecoms and cable firm Altice operates.
Banks overtook tech stocks as the most overweight global sector in July with 'long Nasdaq' deemed the most crowded trade for the third straight month.
Slovenia's financial watchdog issued a warning on Monday that virtual currencies - such as bitcoin - are not regulated and are not guaranteed by the central bank or any other state body.
Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble.
European Union countries must foster payment services that work across the continent to boost its financial sector and reduce dependence on third countries like the United States, a top European Central Bank official said on Sept 3.
Cyber risks will soon become bigger risks than natural catastrophes for the insurance sector, Scor chairman and chief executive officer Denis Kessler said, recommending the industry build a comprehensive, common global scale to assess cyber-related incidents.