961 Results from 2012
Retired Member
It is currently the rainy season here in Shanghai and as I left my hotel bound for the office this morning, it got me thinking of home. No, I was not thinking of the weather in the UK but the comparison of the Western economies to those in the East. As the Western economies continue to struggle to pull themselves out of the storm of post-crisis blu...
08 March 2012 /retail Innovation in Financial Services
Top 5 Differences You Need to Understand - Using SAP ERP as a Baseline One of the most common mistakes made in approaching electronic invoicing in Latin America is thinking that the process is similar to the European Union. Simply, EU eInvoicing is not the same as Latin American electronic invoicing. In this commentary, we focus on the top 5 diffe...
07 March 2012 Electronic invoicing
When organizations first hear the term electronic invoicing, they often immediately think of accounts payable solutions. However, the real issue at hand for global companies is compliance - which encompasses not only supplier invoices, but also outbound invoices to customers (accounts receivables). This one word, compliance, will be the dominatin...
The line in the sand has been drawn and it is full steam ahead as the SEPA end date has been confirmed for February 2014. The finalisation of the single domestic payments area for the Eurozone is welcome news and its costs and benefits much discussed. Now, it’s time to turn the conversation to how stakeholders must prepare. The stakeholders in n...
07 March 2012 /payments
There’s a tablet platform coming that will change the way that the front, middle and back-office of banks conduct their daily activities. The days of traders, collateral optimisers and the back-office being tied to their chairs will soon be a thing of the past. The preferred communication method will no longer be email, but will evolve to a more pr...
07 March 2012 /wholesale
Gary Wright Analyst at BISS Research
Today the chances that a Clearing House will default in the future have never been more likely. Political pressure and regulatory resolve is creating a risk concentrator within the clearing houses so that it’s not if a Clearing House goes bust but when. The introduction of OTC derivatives into clearing will be the trigger to a thermal time bomb in ...
07 March 2012 /regulation Post-Trade Forum
Andy Morris Risk Business Solutions Consultant at ACI Worldwide
Two sets of industry statistics were published this week, with different and conflicting information: BBC quoted statistics from the UK Card Association that plastic fraud losses were down by 7% to £341m, attributed to 41% fall in fraudsters impersonating card holders. Whilst CIFAS reported increase in Account takeover up 18%, account misuse (first...
07 March 2012 /security /payments
Andres Fontao Partner at finnovista
High expectations were put into place with the series of announcements leading up to MWC last week, as well as during the weeklong event itself. With all the hoopla surrounding the press announcements, joint ventures and acquisitions that transcended geographies, technologies, industries and socio-demographics, it would appear that mobile financia...
07 March 2012 /payments Payments strategies 2015-2020-2030
Much of the debate on E-Invoicing has been about the obvious efficiency savings to be gained by automated electronic processes compared with manual paper based processes. Whilst E-Invoicing is a compelling proposition on its own - there are several levels of significant additional benefits that are there to be realized once an E-Invoicing service ...
07 March 2012 Financial Supply Chain
Robert Siciliano Security Analyst at Safr.me
“Carders” are the people who buy, sell, and trade stolen credit card data online. This carding forum videoprovides an example of an online forum where stolen credit cards are bought and sold. Hackers rely on a variety of techniques to obtain credit card data. One such data theft technique is wardriving, in which criminals hack into wireless networ...
07 March 2012 /security /regulation
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