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For everything in life, there is a corresponding scam. Scammers spend their energy trying to separate hardworking, law-abiding citizens from their money, and they’ll take advantage of any opportunity ...
It’s not quite so fashionable to talk about SEPA these days. After all – aren’t we all wishing the rules and solutions were are all defined and implemented? But there’s still a fundamental challenge t...
As the old joke goes, “the great thing about standards is that there are so many to choose from.” This certainly seems to be the case with point-of-sale (POS) devices, where there are now a number of ...
As we have seen in the media this week, EU proposals for a tax on financial transactions have created a storm of debate in the last 24 hours – mainly focusing on political issues. While the full deta...
I've been on holiday for the past few weeks. But even as I sat on the beach, building sand castles with my five-year old, I still lent a thought to the world of financial services. An old friend in Ne...
Jose Marrero, who was born and lived his entire life in Puerto Rico, had no idea that someone else was using his name and Social Security number to charge thousands of dollars in Miami and Chicago. At...
Amid a media hubbub of journalists, PRs, super friendly assistants and everyone’s favourite guest, a dog called Duffy, the first retail bank in over a 100 years to launch on the UK high street has ope...
“We no longer know who is running the place–management or the consultants” is an all too common refrain by many a jaded, disenfranchised bank employee. Could there be truth in such a statement or doe...
Once again, the balance of power has shifted towards the consumer and this time, we have the ICT revolution to thank for it. Far from being passive users of goods and services, today’s customers are d...
Personal information on 100 million Facebook users has been scraped from the social media site and is being shared and download as a single file via what is called a Bittorrent. BitTorrent is a peer-...
Technology applications enhance efficiency and make it possible to adopt the principles mentioned above. Technology is rapidly advancing the ability for financial institutions to leverage a central d