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American Banker: "Small Banks Should Team Up to Fight Cyberattacks"

07/08/2014

American Banker: "Small Banks Should Team Up to Fight Cyberattacks"

"While major cybersecurity breaches like the recent attack on Target tend to grab headlines, smaller banks are actually much more vulnerable to cyberattacks than their larger peers," writes Darren R. Hayes, assistant professor and director of cybersecurity at Pace University’s Seidenberg School of Computer Science and Information Systems.  "Yet many community banks have failed to invest sufficiently in security."

Read more: http://www.americanbanker.com/bankthink/small-banks-should-team-up-to-fight-cyberattacks-1068423-1.html
 

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Pace University and the Association of International Bank Auditors announce new cycle of Certified Compliance and Regulatory Professional program

07/07/2014

Pace University and the Association of International Bank Auditors announce new cycle of Certified Compliance and Regulatory Professional program

New sessions to focus on corporate governance, cybercrime, risk management, pertinent regulations like Bank Secrecy Act/Anti-Money Laundering, Office of Foreign Assets Control, Foreign Corrupt Practices Act, and the evolving Dodd-Frank Act, Basel III, and Foreign Account Tax Compliance Act

New York, NY – July 7, 2014 — Today’s regulatory environment is ultra-complex and rapidly evolving. The Center for Global Governance, Reporting and Regulation at Pace University and the Association of International Bank Auditors announce a new sixth cycle of the Certified Compliance and Regulatory Professional (CCRP®) certificate program, designed to develop the critically important proficiencies essential for today’s financial services and other industry professionals.

The new cycle begins September 18, 2014, and continues to March 5, 2015. Classes will be held at Pace University’s Midtown Center in the historic Fred French Building at 551 Fifth Avenue between 45th and 46th Streets.

Recognized as the ‘standard’ for training and development courses by bank executives and regulators, the CCRP® program offers a 26-week session with intense and in-depth exposure to key aspects of governance, risk management, regulatory strategy, and relevant regulations taught by industry professionals and Pace professors. The program includes coverage of regulations in key foreign countries in a comparison with U.S. practices.

“Our CCRP® Program is designed to be unique and comprehensive, with participants from banks, brokerages, asset management and trading firms, and supporting professions including law and consulting firms,” says Robert J. Chersi, the former CFO of Fidelity Investments who was recently named Executive Director of the Center at Pace’s Lubin School of Business.

Sessions include detailed discussions of current compliance and regulatory issues, and examinations of real-life case studies. Team presentations provide experience in applying coursework to actual business problems.

The CCRP® at Pace provides growth opportunities and positions global financial services professionals as leaders in the compliance community, giving them an edge in a very competitive job market. The program has been designed with the rigorous content demanded by an academic agenda while stressing the important practical dimensions of real-world experience in the compliance field. Professors from Pace University, all with distinguished prior careers in the private sector, created the syllabus alongside veteran compliance professionals from some of the world’s leading international banks and their regulators.

Guest speakers drawn from prestigious New York law firms, Big Four Accounting firms, and the regulatory community will complement the joint Pace-AIBA team.

The Center also has expanded its other professional development offerings, including “boot camps” that can be customized to an institution’s desired location, topics, and duration, as well as on-line videos and publications that enable distance learning.

The CCRP® at Pace has been approved for Continuing Professional Education (CPE) credit by New York State.

More information about the CCRP® program is available at www.pace.edu/ccrp, and for all of the programs by contacting the Center’s Chairman Emeritus Jack James at jjames@pace.edu or Executive Director Bob Chersi at rchersi@pace.edu.

About the Lubin School of Business at Pace University: Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

About the Association of International Bank Auditors: The AIBA membership consists of internal audit, compliance and internal control professionals of nearly 100 U.S. branches and agencies of foreign banks.  The mission of the AIBA is to foster the professional standing of its members by increasing their knowledge and capacities to carry out their responsibilities with respect to international banking.

Media contact:  Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu

# # #

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New York Times: "Celebrating a Diverse Music Scene"

07/07/2014

New York Times: "Celebrating a Diverse Music Scene"

The Pleasantville Music Festival, scheduled for noon to 8:30 p.m. at Parkway Field on July 12, will be celebrating its 10th anniversary. Shuttles for attendees who drive will run regularly from nearby Pace University, where parking is free.

Read more: www.nytimes.com/2014/07/06/nyregion/celebrating-a-diverse-music-scene.html

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CNBC.com: "Why utility bills are not getting cheaper"

07/07/2014

CNBC.com: "Why utility bills are not getting cheaper"

"At a progressive utility, they may say, 'We're willing to take the hit, but we have a responsibility to shareholders. We're willing to do this at no growth, but we need an earnings opportunity.' And that's often where things derail. ... 'How will this hurt sales of electricity?'"

-Karl Rábago, executive director of Pace University's Energy and Climate Center and a former public utility commissioner in Texas

Read more: http://www.cnbc.com/id/101805029#.

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E-Commerce Times: "T-Mobile's Legere Sputters Over FTC's Cramming Accusations"

07/03/2014

E-Commerce Times: "T-Mobile's Legere Sputters Over FTC's Cramming Accusations"

. . . T-Mobile's image "will definitely be negatively impacted" by the charges, Kathryn Winsted, an associate professor of marketing at Pace University, told the E-Commerce Times.

The "sensational and accusatory language" in Legere's response will make it seem T-Mobile is "more concerned with who should be blamed" than with the impact on its customers, Winsted pointed out.

See more at: http://www.ecommercetimes.com/story/80683.html#sthash.nPm6Y0Bh.dpuf

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New York Daily News: "City doles out healthy dose of grants to local health tech startups in bid to boost healthcare industry"

07/02/2014

New York Daily News: "City doles out healthy dose of grants to local health tech startups in bid to boost healthcare industry"

. . . GeriJoy, in partnership with Pace University, recently tested out the product among a group of local seniors at the Henry Street Settlement.

Read more: http://www.nydailynews.com/new-york/city-doles-healthy-dose-grants-local...

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Wall Street Journal: "New York Communities Can Ban Fracking, Court Rules"

07/02/2014

Wall Street Journal: "New York Communities Can Ban Fracking, Court Rules"

. . . Home rule provides municipalities many powers, such as taxing authority and the ability to regulate land, said John Nolon, counsel at the Land Use Law Center at Pace University School of Law.

"This case is making it really clear that this bundle of responsibilities and powers is something that the courts are not going to unbundle one strand at a time," Mr. Nolon said. "I think that resonates in the 49 other states."

Read more: http://online.wsj.com/articles/new-york-towns-and-cities-can-ban-fracking-court-rules-1404145435

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TechNewsWorld: "Nest Offers Discounted, Wave-Less Smoke Alarm"

06/18/2014

TechNewsWorld: "Nest Offers Discounted, Wave-Less Smoke Alarm"

. . . It is "crucial" for Nest to keep a presence in the marketplace because smart home products could be on the verge of being a hypergrowth market, and "it is important for any company that wants to have a part of the market to secure customers quickly and to have an early presence that will build trust and loyalty," Kathryn F. Winsted, an associate professor of marketing at Pace University, told TechNewsWorld.

However, "it is ... inadvisable to put out a product that may still have some of the same issues" because another recall "would do major damage through extremely negative perception of consumers," Winsted continued.

Read more: http://www.technewsworld.com/story/Nest-Offers-Discounted-Wave-Less-Smoke-Alarm-80604.html

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U.S. News: "Think Twice Before Cheating in Online Courses"

06/17/2014

U.S. News: "Think Twice Before Cheating in Online Courses"

. . . Keystroke recognition devices: At Pace University, students have developed a keystroke recognition program that gives school officials another way to certify a student's identity, says Vinnie Monaco, a computer science graduate student spearheading the work. 

​Students first do typing exercises in which the computer measures the speed and rhythm of their typing. Officials can then monitor the typing in later assignments to see if the patterns match up.

Read more: http://www.usnews.com/education/online-education/articles/2014/06/17/thi...

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Journal News: Recreation signup calendar

06/16/2014

Journal News: Pace basketball camp

Pace basketball camp: Pace University's Head Coach Pat Kennedy is holding a summer Team Camp at Pace. All teams are guaranteed five games. There will be licensed officials for all games. Food , water, and Gatorade will be provided throughout the event. The Team Camp will be run from Aug. 1-3. For further information, contact Coach Andrew 732-995-0815 or at aimpastato@gmail.com.

Read more: http://www.lohud.com/story/sports/recreational/2014/06/14/recreation-sig...

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