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Innovation in Financial Services

Archive for: July, 2010

Stanley Epstein - Citadel Advantage Ltd - Modiin | 31/07/2010 | 4899 views | 1 comment

Is Mobile Banking a disaster waiting to happen?

The news this past week has been all about a Citibank mobile banking glitch. Apparently a flaw in a version of its iPhone m-banking application resulted in it improperly storing customer account information. Now this is something that could happen to anyone, you will say. But should it?The past year has seen an explosion of new banking services an... Tags: Online banking, Payments

Nick Ogden - Voice Commerce Group - London | 28/07/2010 | 4992 views

It works over there so why not over here?

The EU’s 2009 e-money Directive aimed to enable the design of new, innovative and secure electronic money services. In some ways Europe has come a long way in this area: use of credit and debit cards, Electronic Funds Transfer, Electronic Banking and Chip and PIN authentication have all increased dramatically, a date has been set for the demi... Tags: Payments, Retail banking

Colin Day - SunGard - London | 28/07/2010 | 3701 views

The Wolf is at the door - can he blow the bank down?

Last week saw me in New York, at what could prove to be a historic moment for both the US and potentially the world's financial markets, what with one of the widest sweeping shake-ups of US financial legislation since the Great Depression of the 1930s being signed into law. Now let me share how if we just followed the lessons learnt from our child... Tags: Risk & regulation, Wholesale banking

Bruno Joanides - Free lance - Paris | 27/07/2010 | 5039 views

Visa Inc.. becomes a Payment Institution !

Normal 0 21 false false false FR X-NONE X-NONE MicrosoftInternetExplorer4 On July 21 Visa Inc.. announced the completion of its acquisition of CyberSource Corporation (for a total of $ 2 Billion). This acquisition allows Visa to reinforce his mastery over the management of security, fraud and online paym Tags: Cards, Payments

Uri Rivner - BioCatch - Tel Aviv | 27/07/2010 | 4014 views

Fraudsters enjoy a summer holiday

It’s now summer on Triton. Don’t pack your holiday gear though; the average temperature on Neptune’s icy moon, which is about 30 times further from the sun than Earth, is -235 Celsius (-391 Fahrenheit). And the atmosphere isn’t too friendly: Methane and Carbon Monoxide. Personally I think I’ll pass. If you do plan a ... Tags: Security, Online banking