21 September 2014

Finblog

Archive for: September, 2007
Paul PenroseFinextra - London

Verified by Visa is easy target for scammers

26 September 2007  |  5288 views  |  0  |  Recommends 0

Bank of America customers are the targets of a new phishing scam which uses the Verified by Visa anti-fraud programme as the bait to lure victims. “Your Bank of America card has been automatically enrolled in the Verified by Visa program,” one version of the email says. “To ensure your Visa card's security, it is important that you protect you...

TagsCardsSecurityGroupTrends in Financial Services
Paul PenroseFinextra - London

Like MasterCard meets PayPal without the charges

24 September 2007  |  4203 views  |  0  |  Recommends 0

That's the opinion of Ted Leonsis, chairman of RevolutionMoney, describing the new RevolutionCard, which was released in the US today. The PIN-protected card offers a line of credit, $15,000 top-up capacity, ID-theft protection and interest rates pegged to the card holder's credit rating. It also promises to significantly undercut the hated in...

TagsPaymentsRetail bankingGroupTrends in Financial Services
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Paul PenroseFinextra - London

Could IP disputes derail Sepa?

18 September 2007  |  3508 views  |  0  |  Recommends 2

An interesting working paper from the Federal Reserve Board of Philadelphia which suggests that disputes over Intellectual Property rights pose a risk to the development of the Single Euro Payments...

TagsPaymentsRetail bankingGroupFinextra@Sibos
Paul PenroseFinextra - London

P2P lenders see silver lining in credit crunch cloud

14 September 2007  |  4029 views  |  0  |  Recommends 0

The credit crunch may be bad news for traditional banks, but the new breed of peer-to-peer lending operators are viewing the current liquidity crisis as a clear opportunity to take on more business. ...

TagsOnline bankingRetail bankingGroupTrends in Financial Services
Paul PenroseFinextra - London

A hedge fund manager speaks...

12 September 2007  |  2763 views  |  0  |  Recommends 0

"The big lesson of the subprime crisis: that it's a mistake to lend money to poor people." "Rich people know how to invest extra money. Poor people just squander it on necessities. Tha...

TagsRisk & regulationWholesale bankingGroupWhatever...
Paul PenroseFinextra - London

Is Tibco the canary in the coalmine?

07 September 2007  |  3530 views  |  0  |  Recommends 1

Tibco's decision to downgrade its earnings forceasts for the year after experiencing a sudden fall out in contracts at the end of the quarter has spurred some analysts to suggest that that the ongoing...

TagsDealing roomsWholesale bankingGroupFinextra50 fintech index
Paul PenroseFinextra - London

Financial Objects joins Sibos PR binge

06 September 2007  |  3790 views  |  0  |  Recommends 3

Shares in core banking vendor Financial Objects slipped four per cent after the company reported a 21% decline in revenues from its banking division. The group has appointed a new head of banking in ...

TagsPaymentsWholesale bankingGroupFinextra@Sibos
Paul PenroseFinextra - London

BeX failure bodes ill for Turquoise

05 September 2007  |  3463 views  |  0  |  Recommends 0

The decision of the Boston Stock Exchange to shutter its new electronic equities trading venture BeX within nine months of its live launch in December last year is bad news for other up-and-coming com...

TagsTrade executionWholesale bankingGroupMiFID
Paul PenroseFinextra - London

Web 2.0 buzzword watch

04 September 2007  |  2866 views  |  0  |  Recommends 0

Investors Business Daily via CNNMoney comments on the use of Web collaboration tools such as RSS, Wikis and blogs in the business sector under the guise of a new business buzzword: Enterprise 2.0. ...

TagsRetail bankingWholesale bankingGroupTrends in Financial Services
Paul PenroseFinextra - London

RIP STP, long live ICMA

04 September 2007  |  3871 views  |  0  |  Recommends 0

STP (the industry trade mag) may be dead, but co-founder and MD Graeme Austin has conjured an unlikely resurrection as director of product management for the market services business of the Internatio...

TagsPost-trade & opsWholesale bankingGroupWhere are they now?
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