1137 Results from 2015
Retired Member
Fearless imagination. This is how Fortune magazine recently described the #1 needed competency of all business leaders. And this is exactly what bank executives need to transform their payment systems in today’s digital and mobile age. This post explores the pressure on legacy bank payments systems and how they must be re-imagined for their s
14 August 2015 /payments
Ganesh Guruvayur Senior Vice President, Head, Hub Solutions at Intellect Design Arena
Should banks go alone in the fight against customer financial depredation? The answer lies in the multi dimensional collaboration that banks are ready to establish with their customers and with the banking industry at large on a per customer basis. Actionable awareness of the customer, the customer's business and the ecosystem as a whole determine...
13 August 2015 /payments /regulation
Robert Siciliano Security Analyst at Safr.me
Burglars get burgled, muggers get mugged, and hackers get hacked. This includes a sophisticated ring of hackers: Hacking Team, hailing from Italy, specializing in selling hacking software to major governments. An article on wired.com describes how a “400 gigabyte trove” went online by anonymous hackers who gutted the Hacking Team, including source ...
13 August 2015 /security
As the payments space becomes increasingly digitised, we shouldn’t forget the important role that cash still plays in our society. On a global basis both the level of cash in circulation and the value of withdrawals from ATMs remains high, accounting for the bulk of transactions worldwide. Cash currently accounts for 85 per cent of global transact...
13 August 2015 /retail
Cross border e-commerce is growing at more than double the rate of domestic e-commerce and the size of the market is poised to grow to over $300 billion in 2018 across the US, UK, Germany, Brazil, China, and Australia. Global expansion used to be reserved for large companies, but not so today. The latest in payment technology, accessible data on l...
12 August 2015 /payments
From the days of the first draft of MiFID I, as "principles-based" regulation, market participants started to use the term "the devil is in the detail". Nothing is a truer example of that point than when you start to look at the reference data issues around regulatory reporting for compliance with MiFID II/MiFIR. Back in Decem...
12 August 2015 /regulation
Oops I guess we have a brand" - Accidental Branding The opposite of intended branding -Awareness, Identity, Advertising and PR as we discussed in Part 1- is what I call "accidental branding" and this would be the total experiences and emotions that a bank has created and responses it has elicited in its customers without meaning t...
12 August 2015 /retail
Private investment is moving online While alternative finance started off as a seed stage endeavour, more recently platforms have begun to emerge at different stages in the funding cycle, disrupting traditional institutions. Drawn by the increased access to investors that operating online affords, platforms now make it possible for companies to ra...
12 August 2015
Our national cashless payment infrastructure is the most important entity in our economy for the convenience and security of all credit and debit card holders, as well as all retailers. All other considerations, such as credit card reward schemes, credit card surcharges and interchange fees, detract from it and are secondary to it. Both credit an...
Did you know that the original meaning of hacker, as far as computers, was that of a person who built codes into computers? In fact, the bad guy was called a “cracker.” Somehow, “cracker” didn’t catch on. But the mainstream folk out there hears “hacker,” and right away, they think of a digital thief, often someone who breaks into governmental comp...
11 August 2015 /security
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