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As Finextra community members are well aware, digital security is a hot topic of debate and there's little consensus out there. Enter the Global Trust Council, a non-profit that is proposing a seriou...
A few weeks ago David Roodman, research fellow at the Centre for Global Development, kicked up a bit of a storm when he posted a lengthy blog raising concerns about the transparency displayed by micro...
So, through this lobby group, Prosper and Loanio are trying to pitch themselves as fresh-faced, clean alternatives to the big bad banks that have got us into a bit of a mess. These paragons of virtue ...
To be a successful online trader you need to keep calm and rational but it can be a stressful business and sometimes emotions get the better of people. So Philips Electronics and ABN Amro have come up...
Couple of stories from the FT this week that demonstrate the value of social networks to the financial world (or alternatively, the media's obsession with Twitter and Facebook - you decide). First up,...
E-mail is so 2001. Prince Obi Matumbe Akumbe knows this and has turned to YouTube and Twitter in his bid to find a kind soul willing to help him transfer $50 million out of Nigeria. Anyone prepared t...
Over at Seeking Alpha, Ray Pellecchia from Nyse offers a nice little lesson on the dangers of putting all your eggs into the e-trading basket. A couple of days ago, before the market opened, a custom...
PayPal will naturally get some stick for this, and rightly so, but I think you have to give the firm some credit for the way it handled the problem and kept us all informed. During the outage a blog ...
Another day, another example of sloppy security. Wired reports that sensitive information about the New York Stock Exchange's network has been lying around on an unsecured server for about a year. On...
Here at Finextra we often cover clever, tech-driven scams dreamt up by criminals looking to part people from their money. Sometimes though, the simpler a plan the better, as a gang of crooks in Uganda...
You've got to feel for the Madoffs and Stanfords of this world. Federal prison is no country club and you suspect that these well-to-do white collar crooks are in for a bit of a shock when they get th...
Bit of a follow-up to the Goldman Sachs code stealing shenanigans story. Firstly, Reuters reports that Aleynikov posted bail yesterday. Secondly, the mysterious company that offered to triple his sal...