30 July 2014

Finance technology etc

Archive for: June, 2009
Elton CaneIndependent - Brisbane

Suspicious fire at liquidated bank

15 June 2009  |  3571 views  |  0  |  Recommends 0

There's an interesting news snippet from Jakarta today about a fire at IFI Bank, which was liquidated by Indonesia's central bank in April. It's slightly suspicious, but not in the sense of the blaze being started deliberately. Firefighters say it was caused by a short circuit in a paper shredder, which caused a nearby sofa to catch alight. I do...

TagsSecurityGroupInformation Security
Elton CaneIndependent - Brisbane

Judge warns bank on record retention

05 June 2009  |  4829 views  |  0  |  Recommends 0

The full text of the Job vs Halifax judgement makes for interesting reading. Both claimant and defendant called some well qualified witnesses, from Cambridge University and APACS. The bank produced a transaction log that it says indicated Job's disputed transactions were handled according to the Chip and PIN process, and did not default to a magne...

TagsSecurityPaymentsGroupTransaction Fraud Systems and Analysis
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