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We all thought we knew everything about risk and wow has that assumption been shot to pieces in the credit crunch. Virtually every bank in the world has spent an incalculable amount of money on their ...
According to the report from Bank of America, their mobile banking users make account balance enquiries and one-off payments in 90% of the logins. This narrow use of the service is because: they still...
Many businesses are being hit hard in the current economic climate and today's financial market dictates that maximising efficiency is the vital component for many companies' future existence. In the ...
As with cards, contactless mobile payments raise a number of issues such as merchant service charges for retailers, points of interaction for customers and security risk. However, the biggest stumblin...
While there is a danger of inflation, the alternative may be unconscionable. The problem with credit is that people don't want to borrow on, nor do lenders want to lend against diminishing assets, nor...
The root problem in most identity theft as we know it today is the ease with which ID data can be taken over and replayed. Businesses ask for -- and obtain -- ever increasing amounts of precious ID d...
Forget your boring ghosts, vampires and witches, if you really want to put the frighteners on people this Halloween you need to invest in an 'evil' Hank Paulson or Ben Bernanke mask. For the bargain p...
Following a report in The Telegraph earlier this month that described the international scale of what is known as a “supply chain attack” powered by Chip-and-PIN readers across the globe (http://www.t...
Injecting liquidity into the 'market' (banks) is one thing, government funded projects is another, but unless the relief hits the streets, it is all for nothing. Guaranteeing A causes a run on B lead...
It is interesting to note that after a little more than a decade, Canada has decided to stop investing and creating technologies and market infrastructure for cheque imaging to make the paper clearing...
We've just rolled out another new feature for the Finextra Community. If you've upgraded to full community membership, you can now receive a weekly email alert tailored to your interests. It's a conci...
I found this news release by the FBI quite amusing - http://www.fbi.gov/page2/oct08/threatletters_102308.html It seems 'a series of threatening letters filled with an unknown powder started showing u...