27 February 2017

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Archive for: June, 2011
Vishwanath ThanalapattiRisk Management Professional - Toronto, Canada

Truth in reporting: eXtended Business Reporting Language

30 June 2011  |  7053 views  |  0 comments | recommendations Recommends 0

Standards lead to best practices; standardization makes life simpler. Information Systems Audit and Control Association (ISACA), has pioneered and promoted standards and guidelines in the area of audit and controls for IT professionals. The white paper ’Leveraging XBRL for value in organizations’ (http://www.isaca.org/Knowledge-Center/Research/Re

TagsRetail bankingGroupXBRL Discussion Group
Duncan AshQliktech - London

What banks can learn from the high street

30 June 2011  |  3633 views  |  0 comments | recommendations Recommends 0

The Independent Commission on Banking's (ICB) plans to ring fence the UK retail operations of universal banks to protect business lending and depositors assets have been highly publicised in recent weeks. However, one problem with this proposal is that, with the notable exception of HSBC, no UK universal bank has enough retail deposits to cover re...

TagsRetail banking
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Paul Penrose
Paul PenroseFinextra - London

ANZ and Visa lose the plot

30 June 2011  |  6417 views  |  0 comments | recommendations Recommends 0

In one of the more witless examples of PR buffoonery ever witnessed at Finextra Towers (and that's saying something), Visa and ANZ have been moved to quell reports that their recent trial of Device F...

TagsMobile & onlineRetail banking
Retired Member
a non-active Finextra member

The genie in the smartphone ...

30 June 2011  |  4245 views  |  0 comments | recommendations Recommends 0

During my previous trip to Hong Kong I spoke of the enthusiasm for mobile financial services in that part of the world and this, in my mind, has been reaffirmed while at the GSMA Mobile Money Summit i...

TagsRetail bankingGroupOnline Banking
Steve Grob
Steve GrobFidessa - London

Too close to call - er, maybe not then

30 June 2011  |  5029 views  |  0 comments | recommendations Recommends 1

So the LSE/TMX deal is no more – it is deceased, it is an ex deal. Last night the LSE broke off talks with Canada’s TMX group as it became obvious that their proposed merger was never going to get th...

TagsTrade execution
Bo Harald
Bo HaraldZEF and Real Time Economy Program - Helsinki region

The good thing with standards.

30 June 2011  |  3731 views  |  0 comments | recommendations Recommends 0

https://www.ebaportal.eu/_Download/What's%20News/2011/ISO20022_Financial_Invoice_Factsheet.pdf The good thing with standards is - as many say - that there are so many of them. When it comes to e-invoi...

TagsPaymentsGroupInnovation in Financial Services
Brett King
Brett KingMoven - New York

Mobile Payments can be much more than P2P and NFC...

29 June 2011  |  3556 views  |  0 comments | recommendations Recommends 0

Today I’ve been in Beetsterzwaag, Opsterland, Netherlands, about 150 kilometers from Amsterdam at an offsite strategic retreat with the ICS (International Card Services) team. Initially part of Bank o...

TagsMobile & onlinePaymentsGroupInnovation in Financial Services
Andy Brown
Andy BrownAlaric Systems - London

Towards the Unknown 'Payments' Region

29 June 2011  |  4009 views  |  0 comments | recommendations Recommends 0

Vaughan Williams’ choral work ‘Towards the Unknown Region’ is a dramatic setting of a Walt Whitman poem, describing the uncertainty of life, the soul being led to an unknown place with no maps or guid...

TagsPaymentsWholesale banking
Angus Stewart
Angus Stewartwww.e-solutions.uk.com - Needwood

POSSIBLY ILLEGAL, CERTAINLY IMMORAL

29 June 2011  |  3658 views  |  0 comments | recommendations Recommends 0

Possibly illegal, certainly immoral – Do insurance companies need to look again at their role in escalating premiums? The recent revelations by former Justice Secretary Jack Straw that he has been adv...

TagsSecurityRisk & regulation
Retired Member
a non-active Finextra member

Surcharges Become Reality

28 June 2011  |  4184 views  |  0 comments | recommendations Recommends 0

The proposed surcharges I mentioned last week are on the books. The surcharges, between 1 percent and 2.5 percent of risk-adjusted assets, are meant to protect banks from themselves in the case of an...

TagsTrade executionRisk & regulation
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