Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
“…you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the women.” Powerful words once delivered by Tony Montana (Al Pacino) in t
According to an American Banker survey conducted this year, the percentage of consumers who consider mobile banking “safe” or “very safe” actually fell in the last 12 months from 42% (2012) to 38% (20...
Leavenworth is a small town in the west-coast state of Washington. Starting as a couple of roads parallel to the new railroad tracks set in the late 19th century by the Great Northern Railway company,...
What data breach? Are you talking about the one that happened at Heartland in 2009? Or, maybe the Fidelity one from 2011? Again, no? Oh, you're referring to the latest one that led to the arrests in N...
Once again we have been reminded of the vulnerability of financial institutions to credit card fraud. Last week we saw the news that a large gang of thieves (a number of whom have just been arrested ...
Mobile technology is the new frontier for fraudsters. Today, there are more wireless devices than American people. Mobile devices connect to the Internet and have much of the same information and capa...
Facebook now offers “Home.” Facebook says “With Home, everything on your phone gets friendlier. From the moment you turn it on, you see a steady stream of friends’ posts and photos. Upfront notificati...
The proposed Regulation SCI (Systems Compliance and Integrity) from the SEC may require further strengthening, but principles such as mandatory testing of disaster recovery procedures would ensure tha...
Micro charges are charges ranging from 20 cents to $10 and either are fraudulent, legitimate or fall into the category of “grey charges,” which describe sneaky recurring or unwanted charges. These cha...
A critical component of any business success is being able to accept payments for goods and services. At the same time, we are keenly aware of the risk associated with doing so. Whatever one trades, w...
Both Public and Private Sector Banks have offered Safe Deposit Lockers (SDL) as a service since long, usually to privileged customers. The locker – useful for storing valuables like gold ornaments or ...
I spent the end of last week sitting in a conference room in Brussels listening to presentations about digital identity and online trust. Hearing some of the delegate questions, it struck me once aga...