Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
How is Beacon different from in-store WiFi? Except that WiFi works on any smartphone compared to Bluetooth Low Energy (used in Beacon) which is only available on a few latest models?.. (Google enabled...
To usher payments into a new era, the US does not need "chips" (EMV). Here's why. Retail fraud level in the UK (EMV country) is 0.013%. Level of retail fraud related to "mag stripe +...
So amidst the now-customary fanfare, yesterday Apple launched the two latest versions of the iPhone 5 – the iPhone 5S and the iPhone 5C. It was eagerly awaited by technophiles around the world to see ...
Towards the end of last year, an IT trade body in the UK released a report calling for financial regulators to force banks to overhaul their technology infrastructure. This came on the heels of a mass...
A few weeks ago it seemed like we had an eternity to prepare for Sibos. Now we've got less than a week to go, and like many others I'm scrambling to get ready. I'll be spending a lot of time at the S...
They say there are three types of reality: (a) how we perceive a given object or situation, (b) how other people see it and (c) what that object and situation really is. Those three "realities&qu...
The motive behind the proposed changes to the Payment Services Directive is entirely sensible: payments innovation has leapt ahead of payments regulation and this is the Commission’s attempt to catch ...
The European Banking Authority (EBA) has published a recommendation on the preservation of core Tier 1 capital during the transition to the Capital Requirements Directive/Capital Requirements Regula
The Basel Committee on Banking Supervision (BCBS) has published a consultation paper on Liquidity Coverage Ratio (LCR) disclosure standards. It is considered that public disclosure improves transpa
Did you think that it is always the customer who is at the receiving end of cleverly devised communication strategies and costly services? Think again. Recently we have seen some colourful examples of...
The European Banking Authority (EBA) has published answers to the following questions regarding the single rulebook: whether lending institutions must obtain a legal opinion in order to rely on their...
The word technology is often used when consumers aren't confident in something. It's new and therefore, most of us are “consciously incompetent” when it comes to understanding, using or embracing it....