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Thanks to Ian Wigman for this gem from WIRED magazine. A man in Switzerland was recently fined a record $290,000 for driving 85 mph in a 50 mph limit. (It was less before he pleaded his case!) The ...
This week RBS found the spotlight in an unenviable way when it was fined GBP 5.6M by the Financial Services Authority (FSA) for insufficient controls over payments screening processes. According to n...
I was musing the other day, as you do in the dog days of summer, on the difference between tolerance and toleration. And the difference, I found, is more than just nominal. ‘Tolerance’ can be defined ...
I don't know about you, but my time is one of my most valuable assets these days. I work long hours, I travel a lot, when I'm home I am struggling to find quality time (and quantity) with my kids, and...
“Contactless,” in this context, refers to the use of a wireless device. A payment is contactless when, instead of inserting your credit or debit card, you hold your card or keychain device within a fe...
This news is very encouraging for banks and consumers around the world. It’s great to see banks taking steps to give their customers as much control as possible over their account. At the moment it s
The tightening of banking regulation is one of the biggest side effects of the last financial crisis. While central banks and other regulators are seeing to it that their subjects stick to the letter ...
Did you know that according to a recent report from Javelin there’s a one in ten chance that money will be fraudulently withdrawn from your bank account? Face it. That means you have a good chance of ...
I make a portion of my living speaking professionally. That means I get on a platform and present in front of an audience on issues revolving around personal security and identity theft. So when I got...
The decision of the Court of Appeal in Tchenguiz & Ors v Imerman [2010] EWCA Civ 908 (29 July 2010) (The 'Man from Del Monte' divorce case) strongly suggests that injunctions for the preservati
Without a doubt when we look back at the year in review for 2010, one of the key industry issues of the year will be that of consumer data protection. With numerous breaches at some of the world’s lar...
The Finextra Twitterview - Atlanta FinTech Universe When: Augist 18th, 2010, 10:00 EDT (15:00 BST) Where: Follow @Finextra and @kpetralia, @simEngine, @johnbhayes, @SBatTTV, @atlantapayments, @stev...