Finextra Research
Sign in
Sign up
  • News
    • Latest news
    • Company updates
    • Long reads
  • TV
  • Research
  • Events
    • All
    • Conferences
    • Webinars
    • Popular
  • Community
    • Community latest
    • Latest expert opinions
    • Groups
    • Search members
  • Jobs
  • APIs
Sign in
Sign up
  • News
    • Back
    • News
    • Latest news
    • Company updates
    • Long reads
  • TV
  • Research
  • Events
    • Back
    • Events
    • All
    • Conferences
    • Webinars
    • Popular
  • Community
    • Back
    • Community
    • Community latest
    • Latest expert opinions
    • Groups
    • Search members
  • Jobs
  • APIs
  • payments
  • markets
  • retail
  • wholesale
  • wealth
  • regulation
  • crime
  • crypto
  • sustainable
  • startups
  • devops
  • identity
  • security
  • cloud
  • ai

Community

  • Your feed
  • Latest expert opinions
  • Groups

Join the Community

23,188
Expert opinions
43,738
Total members
382
New members (last 30 days)
182
New opinions (last 30 days)
29,040
Total comments
Join Sign in
Follow Unfollow

Michael Fuller

Former Retail Banker
None
Member since
14 Mar 2008
Location
London
Followers
1
Following
0
Opinions
6
Long reads
0
Followed by John Sims, Martha Boyle and 5 others you follow

Bio

Since 1997 I have left the financial sector and am Company Secretary for a large national Housing Association with responsibilities which include regulatory reporting from our data warehouse.

Experience

Former Retail Banker
None
To Present
Show all experience

Latest opinions

Michael Fuller

Who I am and not what's my limit?

It's not the first time that Banks have asked me daft questions in order to identify me. Every few years of course I have to be sent a new card and as part of that process I have to "activate" it. What do Banks need to know? First that I have received the card and second that I am who I claim to be. By all means ask me about the card I ha...

26 September 2011

Michael Fuller

3-D Insecure -possible heresy

It's interesting both that there have been no comments so far about this story and that there are quite a number of other blogs where the value of 3-D secure has been questioned. This seems to be an example of the Emperor's new clothes where everyone knows he is naked but won't admit it. My experience of 3-D secure tends to support the Cambridge

28 January 2010

Michael Fuller

Citi Cards UK direct debit failure

Citi Cards UK today admitted to me that they had failed to collect direct debits on a number of customer credit card accounts the result of which was that a £12 late payment fee has been applied. Fortunately I noticed the fee when checking my account on-line and was able to contact Citi straight away to get them to put it right. The Direct Debit sh...

01 January 2010

See all 6 opinions by Michael

Latest comments

Bank of Ireland blames latest glitch on "technical issue"

A "technical issue" duh! The blarney is not an explanation for a failure. The chief digital and architecture officer has a mountail to climb to justify his job title and has our sympathy.

08 Apr 2024 20:40 Read comment

APP fraud victims to get mandatory reimbursement rights under new PSR rules

Faster Payment participation, either direct or indirect should be conditional on providing an up to standard Confirmation of Payee service.

Paying anyone who fails the CoP check could then at least be the 'exceptional circumstance' where reimbursement is not made.

PayUK real-time transaction monitoring to identify accounts with non standard activity linked to an enhanced CoP validation warning informed by that unusual activity would help.

As with safeguarding children, Data Protection should never a barrier to sharing data and concerns between banks/PayUK about individuals, to protect the vulnerable. Banking confidentiality needs to move with the times. Confirming the standing of your customer was never something that banks didn't do although Bank references became meaningless due to the fact that Banks didn't know much about the standing of their customers who had become just numbers to them. 'References' for payees need to go real-time (based on account data) and payment system design needs to incorporate fraud prevention as well as speed and messaging standards.

All elements of the transaction, not just the remitter, have a responsibility and a part to play to prevent the billions being lost to financial crime whether reimbursed or not. 

30 Sep 2022 07:04 Read comment

Barclays to offer instalment payment plans with Amazon

I'm confused. Barclays are primarily a Visa credit card issuing bank which Amazon are going to ban from 19 January. Is introducing BNPL their answer to the fact that tens of thousands of their customers will be unable to pay for goods on Amazon from 19 January?

17 Dec 2021 16:21 Read comment

See all 81 comments by Michael

Michael writes about

  • security
  • retail banking

Michael's opinion archive

  • 2011 (1)
  • 2010 (2)
  • 2008 (3)
ShowHide similar members

Similar members

Alexi Jubian

Alexi Jubian
Manager at None

Follow Unfollow
Tasturo Tanigami

Tasturo Tanigami
none at none

Follow Unfollow
Chris Errington

Chris Errington
Semi-retired at None

Follow Unfollow

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept
Finextra

Finextra

  • About

Community

  • Rules
  • Contact the community team

News

  • Guidance
  • Contact the news desk

Sales

  • Media pack
  • Contact the sales team

Get involved

  • Finextra Live@
  • Webinars
  • Finextra TV
  • Research
  • Finextra.jobs

Events

  • Sustainable Finance Live
  • NextGen Nordics
  • EBAday
  • NextGen:AI
Join the community Register for news alerts
Apple App Store Google App Store

© Finextra Research 2025

Terms of usePrivacy PolicyCookie Centre