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The APACS annual statistics finding that UK card fraud in 2008 increased by 14 percent is, unfortunately, relatively unsurprising. The one statistic that was immediately notable was the increase in ca...
Given the amount of negative press swirling around the financial services industry--and in particular around the banking segment of the industry, it would be great if some of the banks who are not at ...
The long awaited APACS fraud figures for 2008 show a predictable increase in fraud, pretty much across the board with the main increases in Counterfeit and Card-Not-Present. The APACS response to thi
I've been known to make some outrageous predictions about such things as how many (few) global banks there would be in a few years (last year) and the boring sort of stuff, like there is no security o...
With a significant increase in the number of redundancies and the need for a productive workforce, flexible working is the last thing that employers should be thinking about, isn’t it? Well, according...
In one report, RBS admitted that a hacker penetrated a server at their payment processing unit. No one has really provided the details as to how the wise-guys got a hold of the pin-codes. My theory i...
Let me explain.. What technology can bring to table? Yesterday I was seeing some of the dashboards for banks. Looking at them, I found that it can’t be a dashboard - all static one. Like a standing ca...
According to E&Y Fast Payout study, estimated cost to industry of proposed requirements are as follows Requirement Estimated Cost (GBP in Millions) % of total cost Data C...
Spain’s star is on the rise in the outsourcing world. Too long in the shadow of India and Eastern Europe as near and offshore solution, Spain is becoming the thinking company’s destination of choice. ...
Getting the business wisdom Business wisdom is next level of business intelligence. Companies are stuck in bloody Red Ocean and fighting on to grab market share; nobody is trying to create a blue oce
Interesting development on the credit card front. Once more, the Government is trying to make out that the financial services industry is at fault for pushing credit on people. Whilst I subscribe to ...
The Financial Services Compensation Scheme (FSCS) is the UK’s statutory compensation fund for financial defaults. This means that it is responsible for the payment of compensation to eligible customer...