1135 Results from 2009
Retired Member
The Financial Services Compensation Scheme (FSCS) is the UK’s statutory compensation fund for financial defaults. This means that it is responsible for the payment of compensation to eligible customers of a financial firm if that firm – including banks, building societies and credit unions (deposit takers) – is unable to pay claims against it. U...
16 March 2009 /retail FSCS Fast Payout
A slew of job cuts across financial services have been announced over the course of the last few weeks and there is no doubt that these are the tip of the iceberg. Some reports have even gone as far as suggesting that redundancies in the financial services sector will reach tens of thousands before the year is out. The knee jerk reaction to tough...
16 March 2009 /wholesale
Robert Siciliano Security Analyst at Safr.me
Information and phisical security in every country is continually at risk as long as identifing documents can be reproduced with ease. While progress is continually made to identify and authenticate, organized criminals skirt the system. Federal and state authorities closed a metro Denver counterfeit documents ring allegedly masterminded by a Me
16 March 2009 /security /regulation
Paul Penrose Head of Research at Finextra
Want to know how Bernie Madoff swindled his billions, but only got a minute to spare? Ernie from Sesame Street explains all here. Not sure that I fully approve of Ernie's rather Tarantinoesque retribution.
16 March 2009 /regulation /wholesale Video extravaganza
A recent survey by TRUSTe reported in the NYTimes showed that over 90% of people surveyed thought that trust is 'really' or 'somewhat' important. 75 percent of respondents agreed with the statement, “The Internet is not well regulated, and naïve users can easily be taken advantage of.” Even some of the experts have their tales. The FTC recently wa...
16 March 2009 Whatever...
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Google was developed through the bust. Facebook was developed through the bust. And they are not the last ones - good ideas will be bottled up and released with vigor very soon. Interesting interview. What about the real time scoring - pay later Paypal concept? Can it be cost-effective? Can it be reliable? Is normal bank scoring missing changes
15 March 2009
Cost reduction initiatives dominate the capital markets industry as few participants are untouched by the financial crisis. It is very possible some industry participants will not survive in their current form and those that do will survive in part by successfully driving down their expense base. Across the industry, headcount reductions and other...
13 March 2009
Matt White North America editor at Finextra
When a bank implements a nice, shiny new AML system, Finextra dutifully reports it. The vendor tells us how wonderful the technology is and how it will stop naughty people behaving badly. The problem, of course, is that if the bank doesn't want to look too carefully at what its customers are doing - and if the regulators don't make it - the techn...
Is equally shared parenting the way forward in order to address gender equality? This article in the Guardian (http://www.guardian.co.uk/lifeandstyle/2009/feb/19/parenting-shared-responsibility-viv-groskop) is an interesting one, detailing how an American couple split their working week equally and divide household duties down the middle to reliev...
13 March 2009 Women in Technology
Steve Ellis Founder at Finextra Research
It's good to know that there is a support infrastructure for these challenging times. Should you - or a friend - need help, go to http://www.wallstreetprisonconsultants.com Hat tip: Wade
13 March 2009 Whatever...
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