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Matt White

Archive for: January, 2009

Matt White - Finextra - London | 30/01/2009 | 2547 views | 1 comment

Desperate banks turn to drugs

An unlikely saviour for the world's banking system has been identified by Antonio Maria Costa, the boss of the United Nations' crime and narcotics watchdog - drugs money. In an interview with Austrian weekly Profil, Costa says the dirty cash has proved a vital form of liquidity for banks during the crisis and the UN has found evidence that interba... Group: Whatever...

Matt White - Finextra - London | 30/01/2009 | 2952 views | 1 comment

Lies, damned lies and statistics

Here at Finextra we try to maintain a healthy level of scepticism when it comes to research and surveys commissioned by firms with a vested interest in getting a certain kind of result. We're inundated with them and most get binned. CPP offers card fraud insurance so it's hardly surprising they want to talk up the problem. But they commissioned a ... Tags: Cards, Security

Matt White - Finextra - London | 23/01/2009 | 2158 views

Social networking makes you live longer - official

Social networking sites: apparently they can help you find love, get that dream job and even, we're now told, live longer. That's the claim made in a press release put out today by, you guessed it, a social networking site. The site's for independent financial advisors and it's got together with 'Internet expert and psychologist' Graham Jones to l... Group: Whatever...

Matt White - Finextra - London | 22/01/2009 | 1976 views | 1 comment

Intuit makes tax returns easy - unless you're Tim Geithner

Barack Obama's nominee for Treasury secretary, Tim Geithner, has been getting a bit of a hard time at his confirmation hearing over some taxes he failed to pay a few years ago. During questions from the Senate Finance Committee it emerged, to laughter from the chamber crowd, that the supposed finance whizz had used Intuit's off-the-shelf TurboT... Group: Whatever...

Matt White - Finextra - London | 19/01/2009 | 1747 views

Data cleansing

Barely a week goes by without a data loss story making an appearance on Finextra. A good proportion of these involve staff stupidity so I wasn't particularly surprised when a press release made its way to us claiming 9000 USB sticks are accidently left at UK dry cleaners every year. Data security vendor Credant surveyed 500 dry cleaners and found ... Tags: SecurityGroup: Whatever...