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A Finextra Member

Bank Bosses Let Off...Why?

Admittedly, I only saw the news reports last night, but I can’t help having the feeling that the Treasury Select Committee missed a great opportunity yesterday. What the news reports showed was our l...

11 Feb 2009
Transaction Banking
A Finextra Member

Noca is the free paypal for merchants

More competition in the already hyper competitive payments market. A new entrant noca.com is challenging the supposedly old guard. I suppose you can call Paypal old guard even though lots of people st...

11 Feb 2009
Innovation in Financial Services
A Finextra Member

No Recession In Generosity Among Australians

If the level of generosity and sharing amongst Australians in response to the bushfires is anything to go by, we've really nothing to worry about. Donations of more than $31 million have already been ...

10 Feb 2009
Whatever...
A Finextra Member

Global Warming Is Manifesting Itself Quickly

I don't need to convince many Europeans that there is a change in the weather, and what we are experiencing in Australia is certainly enough to convince me. The weather is getting wilder. Sydney went ...

10 Feb 2009
Whatever...
A Finextra Member

Old Fashioned Risk In Million Dollar Armoured Car Robbery

Bold thieves wielding shotguns and wearing balaclava's robbed an armoured car refilling ATM's in Sydney of more than $1,000,000. The robbers held a shotgun to the throat of at least one guard as they ...

10 Feb 2009
Whatever...
A Finextra Member

Australia's Bushfires - A Tragedy Of Government Ignorance

The scale of the Australian bushfires was overwhelming and tragic. Such serious loss of life could have been prevented. The fire's fury could be foreseen, and observed in progress, but for a total lac...

09 Feb 2009
Whatever...
A Finextra Member

Selling us short

Is short selling really bad for your investments' health? There’s been plenty of debate about the rights and wrongs of short selling, but while regulators ponder intervening in the CDS market, they se...

09 Feb 2009
A Finextra Member

Interchange Fees and whose fraud is it anyway?

The Interchange Fee is part of the Merchant Service Charge (MSC) paid by a card acceptor (merchant) to a card issuer. Some reports state that the Interchange Fee can be 66% - 80% of the MSC and

08 Feb 2009
Transaction Fraud Systems and Analysis
A Finextra Member

Half A Million Salary Limit For Bailed Out Bankers?

President Obama has reacted to the excess payments on Wall St by proposing to limit salaries to $500,000 for senior executives of banks which get a bail-out. It won't be retrospective, so those who ha...

05 Feb 2009
Whatever...
A Finextra Member

Fraud Jump Directly Connected to Data Breach Epidemic

Last week, Finextra carried a report from Cifas that UK fraud rose 16% in 2008. The recession was blamed for more Brits turning to crime. A big part of the increase was also attributed to a 207% jump...

05 Feb 2009
A Finextra Member

IT Integration Can't Wait

In tough economic times, it's easy to and sometimes extremely necessary to rethink projects and initiatives that will not have an immediate impact on the bottom line. But there are some projects that...

04 Feb 2009
Financial Supply Chain
A Finextra Member

RBS WorldPay ATM heist nets 9 million in 30 min

"An attorney in Atlanta has filed a class-action lawsuit against RBS WorldPay for allegedly failing to protect personal information." This problem can be eliminated altogether by allowing ca...

04 Feb 2009
Transaction Fraud Systems and Analysis

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