Online Banking

This community is for discussion of developments in the e-banking world, including mobile banking. This can include all the functional, business, technical, marketing, web site design, security and other related topics of Internet Banking segment, including public websites of the banks and financial institutions across the globe.

Uri Rivner CEO and Co-Founder at Refine Intelligence

Malware reaches new heights

Private computers around the world are being infected by malware on a daily basis. Some immediately wear a glazed expression and succumb to the will of their new master – a botnet operator. Others suffer from minor effects. But this amusing news piece takes malware to a new height. 350 km high, to be exact. Wired reported (http://blog.wired.com/27b...

27 August 2008 /payments /retail

Uri Rivner CEO and Co-Founder at Refine Intelligence

First Man on Mars - a 13 years old?

NASA, The European Space Agency, the Russian and Chinese space programs all set the period of 2030-2040 as the likely target for a manned space mission to Mars. There's a healthy competition going on. The average age of NASA astronauts is 34, but when we talk about commanding a manned mission to a heavenly body, more experienced people take the he...

26 August 2008 /security

Retired Member 

Security flaws on bank sites - no surprise.

The University of Michigan study comes to similar conclusions to our own study - most banks have serious problems. What can I say? There's the easy way and the hard way and it appears are a multitude of wrong ways. It doesn't bode well for banks wishing to make customers liable for internet banking losses. I mentioned this recently but I guess that...

23 July 2008 /security

Retired Member 

Customer compulsory anti-virus firewalls pointless?

The issue of customers being held liable for their losses if they don't have the latest antivirus and personal firewall installed is ridiculous when we see bank's sites with major security flaws that still leave their customers vulnerable regardless of which personal anti-virus or firewall software they use. The banks are the ones with the flaws a...

01 July 2008 /regulation

Uri Rivner CEO and Co-Founder at Refine Intelligence

FaaS: Fraud as a Service

"The next sea change is upon us", wrote Bill Gates in an internal Microsoft memo in 2005, relating to the growing phenomenon of Internet-based software applications and services. This memo paved the way to the latest buzz in the IT world - SaaS: Software as a Service. All the big guys are playing. Microsoft, Google, the major security com...

17 June 2008 /security

Retired Member 

Will RIA replace MS office? Will RIA impact banking too?

Moving forward, RIA technologies will be used to enhance or even replace traditional enterprise portals and Microsoft Office as front ends; as per Forrester's research . So what does it mean for the user of Internet world? Does it add any value to the customer? Will every desktop in the world will be RIA enabled? e.g. RIA enabled MS office or actua...

16 June 2008 /retail

Uri Rivner CEO and Co-Founder at Refine Intelligence

Christmas Comes Early This Year

Dear online fraudsters, I've got some good news and some bad news. The good news is that Christmas comes early this year: on May 27th the UK banking industry launched the much anticipated Faster Payment scheme, in which inter-bank money transfers are instantaneous. Let me actually re-phrase: that's great news for you. I bet you're all excited abo...

30 May 2008 /security /regulation

Stephen Wilson Managing Director at Lockstep Consulting

Why is Federated Identity so hard?

Perhaps because it's just not natural! Federated Identity is certainly one of the hotter topics in e-business and security circles currently. It promises to improve cost, efficiency and convenience of identity management -- an intuitively compelling package. But the impact on security is far from clear, and the legal complexities have been badly...

06 May 2008 /security

Uri Rivner CEO and Co-Founder at Refine Intelligence

A cure to common cold is found!

I’ve recently spotted two articles that share a single theme: they basically announce the online fraud fighting world’s equivalent to “A cure to common cold is found!”. The first article is about a certain web payment organisation that will tackle phishers by blocking old browser versions, making sure users will access their accounts via more adva...

24 April 2008 /security

Uri Rivner CEO and Co-Founder at Refine Intelligence

Phishers take aim at Phishers fraud forum!

I’m always amused by security companies generating PR with a title such as “Phishers take aim at XYZ!”. So I was amused as well to see the article titled Phishers take aim at MasterCard SecureCode That’s because Phishers will hit ANYTHING these days. From good old banks, credit unions and building societies, through security programs and governme...

18 April 2008 /security