Finextra community home

Finextra community blogs

Archive for: January, 2012

Steve Grob - Fidessa - London | 31/01/2012 | 1948 views | 3 comments

Tobin, or not Tobin, that is the question

Well at least it is in France, as reports seem to confirm that its finance minister is enthusiastically pushing ahead with a unilateral Tobin-style tax on equities, bonds and derivatives trading. It’s a shame that the proponents of such a tax don’t seem to have done even a basic amount of homework. The original idea introduced by Nobel ... Tags: Dealing rooms, Trade execution

Pat Carroll - ValidSoft - London | 31/01/2012 | 3343 views

Did Fraud get a mention in Davos?

Fraud is a problem. CIFAS, the UK’s Fraud Prevention Service, noted a 9% increase in overall fraud from 2010 to 2011. Startlingly, there was an 18% rise in facility takeover fraud –when a criminal obtains your credit card details, bank details or mobile phone to use your money without permission. CIFAS cited tough economic times as the ... Tags: Security, PaymentsGroup: Innovation in Financial Services

Robert Siciliano - IDTheftSecurity.com - Boston | 31/01/2012 | 2398 views | 1 comment

How To Steal A Car: Hack It!

No more jimmying doors with a Slim Jim, bricks through windows, extracting lock cylinders with a dent puller, or hot-wiring ignitions. Automobiles today are being built to include wireless capabilities that allow for remote unlock, remote start, and of course, there’s global positioning systems (GPS) and services like OnStar and ATX, which of... Tags: Security, Risk & regulation

Dennis Baillon - Charles River Development - Melbourne | 31/01/2012 | 2618 views

Thai Fund Manager's Embrace of Technology Paying Dividends

The funds management industry in Thailand is one of the most competitive and fast growing markets in Asia, and investment management technology to help promote this growth is being quickly adopted. Assisted dramatically by the healthy retail distribution that exists within the Kingdom, the industry manages over USD70Billion in AUM and has seen ex... Tags: Dealing rooms, Post-trade & ops

Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 30/01/2012 | 2735 views

Pushing The Envelope On Technology - Part 1

Banks know that they can cut costs and enhance customer experience by adopting mobile, social media and other cutting edge technologies. However, most of them drag their feet on innovation, often citing security concerns, regulatory constraints, and so on. For example, statutory KYC requirements precluding banks from introducing 100% online and aut... Tags: Online banking, Retail banking