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Every U.S.-based credit card has a magnetic stripe on the back. This stripe can be read and rewritten like a rewritable burnable CD, using card burners that are easily available online. The simplicity...
Despite Information Commissioner doling out his first-ever fines for Data Protection Act breaches, the UK consumer wants tougher penalties for those deemed to be wrong-doers. Isn’t it great when you ...
I've been considering how banks can leverage social media sites recently, and was not that surprised when looking further that there is very little 'bank' presence in these areas. Having just read the...
Legend has it that the credit card was invented in the 'fifties when one Mr. Frank McNamara had forgotten his wallet at home and had no cash to pay for a party he'd thrown for his important customer
The term ‘Payment Services Hub’ (PSH) has become the latest and greatest buzz word in the payments industry, and promises a new and innovative alternative to the traditional ‘payment engine’. This is...
Speaking at the Next Generation Cards & Payments Conference held in Brussels late last week, Gertrude Tumpel-Gugerell, a member of the Executive Board of the European Central Bank, made several N...
An interesting story last month on Silicon.com, that the UK Department of Work & Pensions has abandoned its trials of voice biometrics as an anti-fraud tool.This is not a snap decision, as Silico...
http://ec.europa.eu/enterprise/sectors/ict/files/com712_en.pdf most here: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:52010DC0712:EN:NOT Loud and clear. It all starts with migratio
If we want avoid a clear fall in living standards and financing capability of welfare services in EU - we need better productivity and just collection of lower taxes. The split payment VAT is an ide
From EU Green Paper on VAT: "The current collection model brings with it a VAT Gap due to e.g. VAT fraud, insolvencies, mistakes by the taxable persons in the VAT return and VAT avoidance schem...
In her widely-read report on Internet trends, current Morgan Stanley (soon to be Kleiner Perkins) analyst Mary Meeker poses an interesting question: Do humans want everything to be like a game? Give...
During one of my client meetings, we were discussing social media with someone responsible for channels technology. Now this bank works in an diverse set of countries and a varying degree of client pr...