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A Finextra Member

Card Users at Risk of Physical Attack

Despite many sophisticated measures in place to protect cardholder data during and after a credit or debit transaction, the most likely source of PIN compromise is the simplest. Referred to as “shoul...

09 May 2008
Trends in Financial Services
A Finextra Member

Phishing for Ego, Mr Van Robben you're giving me 1.5m?

Recieved this fun phishing attempt recently: GRANT/DONATION CASH AID AWARD. http://www.fondazionedivittorio.it DON"T GO THERE! Dear Sir/Madam, NOTIFICATION FOR CASH AID The Fondazione...

08 May 2008
Whatever...
A Finextra Member

Third Financial acquires IPR from e-portals

e-portals has developed a new product called "Exposure Alert" for tracking exposure and risk at the desktop level using gadget technology. It is the IPR for the use of this product in the We...

07 May 2008
A Finextra Member

When the fraudsters bring down the network with an axe

Much of western Sydney (Australia) was without telephone and internet last weekend and the reasons have come to light. In an attempt to take out the EFTPOS network to carry out fraudulent manual tran...

07 May 2008
Whatever...
A Finextra Member

Collaboration to combat e-banking fraud?!

There have been a few different conversations stemming from the publication of the EC’s report on “Fraud regarding non cash means of payments in the EU”, but none so far seem to address the fact that ...

06 May 2008
A Finextra Member

ISP has servers nicked - takes out Peter Gabriel

Of all the problems you might anticipate with hosting your application with a third party host or ISP - having the servers nicked might not be very high up the list, however it seems some n'er do wel...

06 May 2008
Whatever...
A Finextra Member

Interchange regulation only benefits merchants

Mandated reductions in interchange fees in Australia were supposed to cause retail prices to drop, directly benefiting consumers. Instead, interchange regulation has redistributed wealth in favour of ...

05 May 2008
SEPA and European Payments
A Finextra Member

Warren Buffett's Berkshire Q1 profit down 64 percent

Looks like it going to be hard to make money if even Berkshire are finding it difficult in these tough times. It may be getting tougher for the rest of us. BH profit from underwriting insurance polic...

05 May 2008
Whatever...
A Finextra Member

ASEAN Swap fund to smooth the Asian currency markets

The 11th ASEAN+3 finance ministers' meeting has adjusted the CMI, or Qing Mai Initiative at a regional financing arrangement and set a fund target of $80 Billion. The CMI was agreed to by the 1...

05 May 2008
Whatever...
A Finextra Member

Biometric fingerprints hit a glitch and a virus.

Fingerprint analysis appears to have hit a glitch and China has another virus. Dusting for prints is one of the key forensic tools used by Police investigators everywhere. Considered by juries as b...

05 May 2008
Whatever...
A Finextra Member

Poor credit card security bites the bank debit market?

Is there irony in this? Maybe it's only a nibble at the moment. There seem to be a lot of pre-paid products coming onto the market being promoted as a safer alternative to credit cards on the internet...

05 May 2008
Innovation in Financial Services
A Finextra Member

Australian banks consider radical payments scheme

Australian financial institutions are considering a radical initiative that could see BPAY codes trump bank account numbers. Codenamed MAMBO (Me and My Bank Online), the top-secret BPAY proposal could...

05 May 2008
Innovation in Financial Services

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