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PCarroll

Archive for: December, 2011
Pat CarrollValidSoft - London

The security breaches of 2011

21 December 2011  |  6135 views  |  0 comments | recommendations Recommends 0

2011 presented some fascinating security breaches that could have been prevented. Here are my top three trends, and how to avoid them in 2012! Online identity and social media sites The successful launch of Google+, and its privacy feature which allows users to group certain contacts into different “circles”, highlighted not only that there was...

TagsSecurityGroupInnovation in Financial Services
Pat CarrollValidSoft - London

An endless challenge? Or a new beginning?

19 December 2011  |  3720 views  |  0 comments | recommendations Recommends 0

In my last blog post I wrote about the problems banks will have with fraud detection when the three day payment process window shortens dramatically from January 2012. Because existing risk-engine strategies do not have the benefit of knowing the real-time status of the card holder, banks struggle to determine which transactions are fraudulent and ...

TagsSecurityPaymentsGroupInnovation in Financial Services
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Pat Carroll
Pat CarrollValidSoft - London

New payment rules - new mindset!

15 December 2011  |  4013 views  |  2 comments | recommendations Recommends 0

As of 1st January 2012, the three-day wait for fund transfers will be over. Banks must ensure that for all electronic payments (e.g. online banking transfers), the money reaches the payee’s account in...

TagsSecurityPaymentsGroupInnovation in Financial Services
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