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Innovation in Financial Services

Archive for: May, 2012

Uri Rivner - BioCatch - Tel Aviv | 30/05/2012 | 2558 views

Eternal Flame: A super-grade cyber weapon

The Eternal Flame is something you’ll probably recognize as the ever burning fire in ancient Greece; but in fact it has deeper roots in the Middle East. The first records of such custom are, interestingly enough, set in ancient Iran and Israel. The security industry’s skies are now alight with Flame, the latest discovery in the chain o... Tags: Security, Online banking

Bo Harald - ZEF Solutions - Esbo | 29/05/2012 | 2130 views

Snippets from payments report - Finland

Some figures - please compare notes from your countries - 90% of the population use Internet (but only 57% in the 65+ age cathegory - 81% do the bill payments in e-banks (98% in the 20-39y), 8% direct debit (which is merging into e-invoicing), 4% by sending paper invoices to banks for payment (18% of the 65+), 2% in branches and 2% still use paym... Tags: Online banking, Payments

Nick Ogden - Voice Commerce Group - London | 28/05/2012 | 1794 views | 1 comment

Are banks truly supporting UK businesses?

There is certainly a lot of focus in the UK on small businesses at the moment. Given the massive potential for small businesses to plug the hole in the UK economy, it is unsurprising that the failures of high street banks to provide affordable loans has attracted both questioning and anger. It seems interesting then that there has been so little d... Tags: Retail banking

Pat Carroll - ValidSoft - London | 24/05/2012 | 2524 views

Securing faster payments

The world is moving faster − the payments world that is. The smartphone has revolutionised the way we live, the way we pay for things and the way we bank. The payments and banking industry has stepped up a gear and turned the process up a notch, making our lives much more convenient. Banks are beginning to wake up to their customers’ 24... Tags: Security, Payments

Uri Rivner - BioCatch - Tel Aviv | 23/05/2012 | 2575 views | 2 comments

A clear message to Beijing

I was waiting at the British Airways lounge for my connection flight when my eyes caught the cover of a BusinessWeek magazine. “Hey China”, it said, “Stop Stealing Our Stuff!” In the last 2 years there has been a dramatic surge of Advance Persistent Threat attacks – military grade cyber attacks against commercial targ... Tags: Security, Online banking