Latest Research/analysis News: Finextra Research

UK online bankers think security threat is rising - survey

Over 60% of Brits who bank online believe they face a greater security threat now than when they first signed up to the service, according to a poll for vendor Xiring.

26 November 2008

News/Research/analysis

New tech key for banks looking to capture 'millennial' generation - survey

Banks need to step up their use of new technology like instant messaging and SMS if they are to capture the 'millennial' generation of 18 to 30 year olds, according to research commissioned by Microsoft.

18 November 2008

News/Research/analysis

AML professionals see pay hit by economic crisis - survey

Anti-money laundering and counter-terrorist financing professionals around the world have seen their salaries decrease in 2008, according to a survey from the Association of Certified Anti-Money Laundering Specialists (Acams).

12 November 2008

News/Research/analysis

Europe embraces social networking at work

Around two thirds of employees in Europe use social networking tools as part of their everyday work life, with 65% saying the technology has made them, or their colleagues, more efficient, according to a survey commissioned by AT&T.

11 November 2008

News/Research/analysis

Canada begins Chip and PIN roll out

Canada's payments association Interac has begun the national roll out of Chip and PIN debit cards after participants in a trial gave the technology a thumbs up.

28 October 2008

News/Research/analysis

Mobile Internet users shy away from banking - IBM

Despite growing interest among consumers in accessing the Internet through their mobile phone, most people still prefer to use a PC when it comes to banking, according to a survey commissioned by IBM.

23 October 2008

News/Research/analysis

Phishers look to cash in on bank chaos

There has been a surge in the number of phishing e-mail attacks over the last month as fraudsters look to cash in on the confusion surrounding bank mergers and acquisitions, according to figures from security services firm MessageLabs.

21 October 2008

News/Research/analysis

Firms to increase spending on low-latency options trading technology

North American hedge funds and asset managers will spend $253 million on low-latency options infrastructures in 2008 and this is set to rise to $305 million in 2011, a compound annual growth rate (CAGR) of six per cent, according to Tabb Group.

16 October 2008

News/Research/analysis

Asia Pacific banks to increase IT spending, despite crunch

Despite the global economic gloom, over two thirds of banks in Asia Pacific expect to increase spending on technology in 2009, according to research from Financial Insights.

13 October 2008

News/Research/analysis

City banks to slash 62,000 jobs

With the economic crisis worsening, financial firms in the City of London are set to cut 62,000 staff by the end of next year, taking employment back to levels last seen in 1998, according to a forecast from the Centre for Economics and Business Research (CEBR).

13 October 2008

News/Research/analysis

ID fraudsters switch tactics

The credit crisis has made it more difficult for fraudsters to set up fake accounts so they are increasingly targeting existing bank accounts instead, according to a report from a group of MPs.

08 October 2008

News/Research/analysis

Mergers to shake up US e-banking market - comScore

The wave of financial mergers in the US will result in a shake up of the Internet banking market, but Bank of America will continue to have the most online customers, according to figures from Web metrics firm comScore.

07 October 2008

News/Research/analysis

Financial IT contractor rates squeezed by crunch

Pay for IT contractors in the UK financial services sector has plummeted 12% in the last six months to £44 per hour - the lowest level in five years.

07 October 2008

News/Research/analysis

Americans shun paper for e-payments - survey

Nearly two thirds of all US consumer payments are now made electronically as Americans increasingly turn away from cash and cheques, according to research from BAI and Hitachi Consulting.

06 October 2008

News/Research/analysis

Brits don't trust firms to look after confidential data - poll

UK consumers have little faith in the ability of banks and retailers to look after confidential information, with 90% saying they don't think the personal data held by companies is completely secure.

06 October 2008

News/Research/analysis

UK financial sector to slash tech spending

The UK's financial services sector will cut back on technology spending over the next year as firms move to tighten their belts during the economic turmoil, according to a survey by the Confederation of British Industry (CBI) and PricewaterhouseCoopers (PwC).

02 October 2008

News/Research/analysis

UK online banking fraud soars

Industry losses from online banking fraud increased a massive 185% in the first half of the year to £21.4 million, according to figures released by UK payments association Apacs.

01 October 2008

News/Research/analysis

E-payment threat to bank revenue

The increasing popularity of online payment providers like PayPal and Amazon Checkout, combined with the emergence of mobile commerce, threatens to leave banks lagging in the e-commerce world, according to Cisco.

29 September 2008

News/Research/analysis

Money mule scams on the rise

UK payments association Apacs is warning of a rise in the number of 'money mule' recruitment adverts, where criminals attempt to lure bank account holders into illegally transferring funds across borders.

26 September 2008

News/Research/analysis

North American securities industry IT spending to plummet

The bankruptcy of Lehman Brothers and acquisition of Merrill Lynch by Bank of America will contribute to a fall of nearly 15% in IT spending by the securities industry in North America next year, according to Tabb Group.

19 September 2008