31 July 2014

PCarroll

Archive for: December, 2011
Pat CarrollValidSoft - London

The security breaches of 2011

21 December 2011  |  5176 views  |  0  |  Recommends 0

2011 presented some fascinating security breaches that could have been prevented. Here are my top three trends, and how to avoid them in 2012! Online identity and social media sites The successful launch of Google+, and its privacy feature which allows users to group certain contacts into different “circles”, highlighted not only that there w...

TagsSecurityGroupInnovation in Financial Services
Pat CarrollValidSoft - London

An endless challenge? Or a new beginning?

19 December 2011  |  3237 views  |  0  |  Recommends 0

In my last blog post I wrote about the problems banks will have with fraud detection when the three day payment process window shortens dramatically from January 2012. Because existing risk-engine strategies do not have the benefit of knowing the real-time status of the card holder, banks struggle to determine which transactions are fraudulent and...

TagsSecurityPaymentsGroupInnovation in Financial Services
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Pat CarrollValidSoft - London

New payment rules - new mindset!

15 December 2011  |  3670 views  |  2  |  Recommends 0

As of 1st January 2012, the three-day wait for fund transfers will be over. Banks must ensure that for all electronic payments (e.g. online banking transfers), the money reaches the payee’s account in...

TagsSecurityPaymentsGroupInnovation in Financial Services
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