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It was interesting to note the recent article in the Mail regarding Lloyds and Cap Gemini. In order to meet contractual commitment for work being done in the UK, Cap Gemini are 'landing' their offshor...
I note there is a movement afoot to revert to plain language and traditional type mortgages in these changes we see sweeping the financial industry. I'm all for plain language. Keep it simple. Anythi...
Great event organised by PRMIA and IAFE last night at Goldman's London offices with a long title: "A Little Thought Goes A Long Way and Lessons for Risk Management from the Current Crisis"...
George Soros has waded back into the current saga concerning OTC derivatives in his article last week in the FT. The main part of the article focusses on financial markets reform, but ends with a veh...
This AFP survey (click to download pdf of report) makes clear a trend many have expected, that fraud would grow as the economy continues to suffer. And, no surprise, but larger organizations are a b...
Looking into the chasm: EBADay 2009 highlights the need for bank-corporate collaboration on SEPA It comes as no surprise that for both corporates and banks at this year’s EBADay cash management, liqui...
70 percent of all transactions in Australia and 75 percent of payments between $11 and $25 are made with cash. Customers may use credit cards for reasons such as an interest free period and loyalty pr...
I had to tell someone the web address of ebaday today. So I told them ebaday.com. Correctly responding to my information (100% literal) the listener typed it in and god forbid - without the WWW. That ...
With contracting assets under management, fund management firms, fund managers and hedge funds alike have been quick to extend performance fee schedules and introduce innovative, complex products to
Given the ongoing debate about "too big to fail" and whether we should head back to the days of the Glass-Steagal Act, then here is a slightly different slant on the problem of systematic r...
I've seen plenty about Web 2.0 and people wondering how do banks get into social networking. From what I can see most of you have it back to front. It's not about using the new social media communicat...
A few weeks ago, it was reported that Merrick Bank was suing Savvis, an IT consultancy, for performing a sloppy/inaccurate audit in 2004, of CardSystems compliance with CISP (Cardholder Information Se...