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If the Misys data are correct we are sitting atop a volcano that is just about to blow! Firstly forty one percent of failed cross-border transactions is appalling! This means that almost every second ...
Let me get this right... The banks are paying EUR 21,000,000,000 a year for payments not going STP? Not likely! SEPA directives are quite clear in what information a customer must provide for a SEPA ...
It's all very well that there is missing or incorrect reference data such as IBAN and BIC, but some things seem so simple to address, and yet they somehow fall by the wayside... It is a given that one...
If you want to see the real-world impact of interchange regulations, the best place to look is obviously Australia. This is a country where the most sweeping changes to the interchange model have take...
The EPC Q&A document unfortunately did not say very much or advance the position of the SEPA Cards Framework in real terms. The situation on the ground for consumers is that because of the failure...
Banks are trying to modernize thier systems by rolling out newer programmes or business changes and considering business services with SOA. By SOA, whether we talk about creating web-services or intro...
I have been reading the news items on the volume of counterfeit notes surfacing in India. It looks like more than half a billion dollars worth of fake rupees are circulating around the country. The ba...
Private computers around the world are being infected by malware on a daily basis. Some immediately wear a glazed expression and succumb to the will of their new master – a botnet operator. Others suf...
Hardly surprising that there is ever more information emerging about consumer details under 'lost or found' - either lost (in transit, on cds, laptops, etc) or found (on items which have been sold, du...
When a vendor seeks to use the threat of, or even actual legal means to inhibit free speech and prevent the truth from being exposed is a typical clue that the product is flawed and the company manage...
Customers may well ask what chance they have if even the bosses of the banks are victims of fraud. Marcus Agius and Andy Hornby can't simply ignore the problem can they? What do shareholders really th...
At Swift's pre-Sibos press briefing yesterday the usual group of trade press assembled to hear about Swift's plans for this year's Sibos event in Vienna. Along with the usual talk about "strateg