Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
Contrary to popular belief, rural financial institutions worldwide are generally profit-making ventures, regardless of size or scale of operation. There are 4,500 cooperative banks in Europe with more...
In-Band vs. Out-of-Band Remittance Delivery… In Part I of my Understanding Healthcare EFT standards blog, I identified several major obstacles for health care providers to adopt EFT (electronic funds...
Banks are competitive institutions. To compete they must innovate and in IT terms that means bringing new products and rich applications to market faster than competitors. Getting those products into ...
Natural disaster scam: Sadly, scammers seem to come out of the woodwork during a natural disaster such as Hurricane Sandy to catch consumers when they’re in a panic, looking for answers, and when they...
When you're about 4 years of age, piggy in the middle is a fun game, but it kind of loses its lustre by the time you get to 5. At the tender age of 42, I don't ever want to play it ever again, but my ...
The GSMA recently issued a discussion paper on mobile merchant payments (or eWallet Merchant Payments as they label them). In it they laid out three conditions that they felt needed to be in place to...
On data breaches and forms of attack: resistance is futile In 2012, we have seen an increasing number of sophisticated attacks made on a range of organisations in an attempt to capture consumer inform...
The Dodd-Frank and EMIR reforms are having a major impact in the way market participants engage with one another. The mandatory central clearing of swaps is giving rise to a new market infrastructure ...
“People got a bit lax,” Queen Elizabeth II said last week of the time leading up to the financial crisis. “Perhaps it was difficult to foresee.” The U.K.’s monarch also lamented that her nation’s Fin...
In 2013 banks will concentrate on producing results after the period of evaluation and investments in areas like SCF, Regulatory compliance, SEPA, integration of cash and trade. Banks will work to emp...
Every crisis is an opportunity in disguise. The recent financial crisis was no different. Prior to the crisis, the treasury department was as an offshoot of the accounting department. Post crisis, the...
There are two kinds of identity theft you must protect yourself from: New account fraud: Refers to financial identity theft in which the victim’s personal identifying information and good credit stand...