1013 Results from 2011
Robert Siciliano Security Analyst at Safr.me
This week consumers are receiving messages from trusted companies such as 1-800-Flowers, Chase, Hilton HHonors and others, letting them know that their e-mail addresses have been exposed due to the recent Epsilon data breach. This provides a perfect opportunity for cybercriminals, who may try to take advantage of the breach to send out phishing e...
12 April 2011 /security /regulation
Retired Member
As final day for SEPA has been changed, again. I started to think what we could learn from Open Source Development. Every day streets and meeting rooms of Brussels get important people to discuss hard topics. Every night they fly away and meet again next week or month to discuss again technical papers on important issues. This could be SEPA, this ...
11 April 2011 /payments Payments strategies 2015-2020-2030
The Federal Trade Commission recently released the list of the most common consumer complaints in 2010. Identity theft topped the list for the eleventh year in a row. The FTC received 1,339,265 in 2010, and 250,854, or 19%, involved identity theft. In second place, there were 144,159 debt collection complaints. For the first time, “imposter scams,...
11 April 2011 /security /regulation
When you compare the cost of various services, you begin to see how much your time is worth. For example, it would take most homeowners a significant chunk of nights and weekends to paint a house themselves, but a professional crew can get it done in a week, for a reasonable price. Recovering from identity theft can take as little as an hour for s...
08 April 2011 /security /regulation
We know it’s a problem, we’ve seen it this year – don’t comply, don’t look after your customers properly at your peril. If you’re not going to play the game by the rules, be sure to put something by to cover the fines that will ensue. Since the FSA put its focus on a stronger consumer protection strategy a year ago, paying lip-service to the re
08 April 2011 /retail
Seems like equity and other capital marketplaces are going through the ying and yang of fragmentation and consolidation. Just as we hear about another merger, we read about another new venue going live or more regulation encouraging competition. This provides market participants with a problem, especially in terms of understanding the execution q...
08 April 2011
Gary Wright Analyst at BISS Research
At the excellent Finextra Social Media Day yesterday, panellists representing ‘The Corporates' were discussing the consumer/client benefits of social media and this quickly turned into a marketing and PR fest. It's obvious that many corporates, especially in financial services will see the massive growth in social networks as both a threat and opp...
The UK banking and financial service sector is currently undergoing a period of reinvention (whether it realises it or not). There are several reasons for this: Firstly, the rise of social media has provided customers with a means by which they can voice their needs and also connect with their fellow customers, for example, online communities such...
08 April 2011 /payments /retail Innovation in Financial Services
Brett King CEO & Founder at Moven
Ok, so the feedback from Finextra's #finxsm event this week is that we're finally coming to grips with the fact that Social Media isn't going to disappear into the night like some passing fad. Good news! It's interesting though, whenever a major disruptor like social media, the internet, etc has come along, inevitably there are many traditional ma...
08 April 2011 /regulation /retail Finance 2.0
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Will we still keep hearing this: “We do know what to do – but not how to be re-elected - if we do it” How can this be true? Assuming that the thing that should be done – things like cutting costs, borrowing less, deregulate here, regulate there etc – are good for society at large – and should in an objective analysis be done as soon as possible. W...
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