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The New York Times reports that the FBI is investigating an extortion threat involving the personal and medical information of up to 50 million people. The actual extent of the breach is unknown howev...
One of the processes that needs to be examined, as the world's authorities work out how to change the financial infrastructure for the better, is the process of automated and remote credit scoring and...
Welcome to a new world! Following a phase of brutal consolidation, investment banking will be carried out by a handful of huge commercial banks themselves under direct or indirect control of governmen...
Most people know the blackberry as the crackberry due to frequent addiction, sufferers sleeping with it under their pillow was not unusual. Now the real fun is starting with iPhone and Android coming ...
A little follow up on knob-twiddling on those Treasurers machines. In countries where there are multiple levels of government, such as federal and state, we have the unfortunate scenario of too many ...
The Irish authorities have issued the following progress statement:- Our investigative team have scoured country in search of the USB to be sure that it hasn’t fallen into the wrong hands. The search...
Attending Cartes this year, it is clear that contactless is the ‘next big thing' in payment innovation. Talked about for years, it is finally on the brink of mainstream adoption. In Europe, the UK and...
Security and authentication were only ever a spend if it involved cutting costs, either in the process itself, at the call centre, and as an after thought if fraud impacts on balances or the bank's ba...
With the sum of $600 trillion CDS, it now looks as though the sub-prime crisis is a relatively benign subject. It is safe to say that a lot of these CDS' spread have increased because of the current e...
Maybe it is a result of the cost-cutting trend at banks, SocGen is replacing hardware tokens to grid-card customer authentication on the web. The advantage is clear: it is cheaper to issue some small ...
The Linux thing always gets my motor running - I especially like it running for free. Linux is evolving into a great platform and the odds are probably stacked towards some flavour of Linux being a do...
Cloud computing is the new name for the old idea of shared computer resources. I once ran a system which was by day a bank and by night a global manufacturer's JIT hub. Sharing computer resources is n...