989 Results from 2010
Retired Member
When you consider the payments filtering techniques used by banks a decade ago, advancements have clearly been made. But when you compare this to the real-time, high capacity capabilities found in the front office, AML compliance still has some way to go. All too often banks are having to dedicate vast amounts of manual resource to their filtering...
30 March 2010 /payments
Gary Wright Analyst at BISS Research
MiFID has been in for a few years now and it's had a tremendous impact on European markets but unfortunately not all good. The very laudable objectives that MiFID addresses really cause the failure of those objectives. For example Best Execution once easy to measure and prove is now virtually impossible due to the fragmentation of trading venues a...
30 March 2010
Like the terms ‘Golden Record' and ‘Golden Copy' before it, we are no doubt hearing the use of the term XBRL as the ‘new' thing to standardizing data and reducing corporate action announcement risk. However, currently, public company press releases and prospectuses do not follow a standard in how corporate action events are defined. Let's take a...
29 March 2010 /security XBRL Discussion Group
At last weeks Fix Protocol (FPL) conference there was the expected presentations from all the usual suspects. Expert people from leading organisations in the securities market all debated the problems of the day. Well, debated might be too strong a word, as in most cases total agreement was obvious. The audience were no less expert so it was a cas...
29 March 2010
Peter Gullberg VP Product Strategy at Todos AB - a Gemalto company
Over the last year I have stumbled across a number of people that all prescribe transaction authentication as a trustworthy way to solve eBanking fraud. Both security researchers, security specialists, and banks all start telling the same thing "- Transaction Authentication is the way forward." There are a number of different notations on...
29 March 2010 /security Online Banking
Fluid Dynamics has a lesson for Payments Industry. When fluid velocity increases, fluid pressure decreases. This scientific principle - Bernoulli Prinicple - is foundational in Fluid Dynamics which lead to inventions and applications in later phases. Since funds can flow, it is fluid. So Fluid Dynamics principles are equally applicable for Paymen
29 March 2010 /payments /regulation Innovation in Financial Services
This week's debate at the Long Finance roundtable, the influential think tank of academics associated with the finance industry presented the "Search for the Eternal Coin" to an engaged audience of eclectic professionals. The presentations were first from an historical aspect starting 4000 years ago and then up to date with the immediate...
26 March 2010
As we dally in Europe with double-dip recession or recovery, and the Greek financial woes, life is indeed strange at the moment. And so is our attitude towards SEPA. There’s a poignant old expression: “All dressed up and nowhere to go” and that seems so apposite for SEPA. Here we have a gleaming new set of payment highways across Europe and the me...
26 March 2010 /payments /wholesale
Robert Siciliano Security Analyst at Safr.me
Today, copy machines, fax machines and many printers are just like computers; they’re smart and they have hard drives or flash drives and can store data that can be extracted. Peripherals in the olden days, just like when dot-com was a significant part of a person’s stock portfolio, were dumb. Because of the increased demand of networked technolog...
25 March 2010 /security /regulation
I don’t know about you, but high school was a nightmare for me. I spent a lot of my time in the assistant principal’s office for fighting. My taste for GQ style clothing along with slicked back greasy hair made me a target. My forked tongue didn’t help me any either. Not much has changed. In Melrose, Massachusetts a woman was run down by a pack o...
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.