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Somewhere out there is a dictionary that when you look up the term wire money, the definition says scam! Even though legitimate money-transfer businesses exist like Western Union, a request to wire mo...
“3D Secure is about as helpful as a chocolate fire guard.” Merchant view of 3D Secure, as succinctly expressed on Twitter. For a number of years, the payments industry has associated 3D Secure with a...
A question. Why do banking industry headlines remain so very bad when the talk is all of recovery, strengthening investment and employment indicators and an uptick in base rate soon? My acknowledgeme
Since Google announced support for host card emulation (HCE) in Android KitKat 4.4 last year, the industry has been divided. Many recognize the value and opportunity that this brings to banks and othe...
In recent years the U.S. regulators have enjoyed flexing their Anti-Money Laundering (AML) and Sanction enforcement muscles, over $12 billion worth of fines have been settled with some of the world’s ...
Current predictions show there will be five billion connected devices on planet earth this year, including smartphones and tablets, serving a billion online bank accounts and contributing to US $13tri...
Just about everyone has private information that should be protected. Let’s begin with something you’ve surely heard of: antivirus protection. But this isn’t enough to guard your personal data. A fr...
In the second instalment of our six part series looking at the transformation that is required in investment banking operations, today we look at how process automation will enable investment bank bus...
Not sure if the KYC being done by banks is mature enough to perform its true function using standard credit check agencies which have stood the test of time. Financial regulations have come out strong...
Last month, Barclays spelled the eventual end to security questions, passwords and long frustrating phone calls by announcing its move to voice recognition technology. The retail bank explained that o...
Summertime is here…and that means sunshine and vacations. Most people love summertime, including scammers! Hackers can use this time to take advantage while we are planning vacations or on vacation or...
Thanks to eCommerce, I’ve seen the world become a lot smaller. With eMarketer estimating that global B2C eCommerce sales will hit $1.5 trillion in 2014, there are very few places that haven't been imp...