Online Banking

This community is for discussion of developments in the e-banking world, including mobile banking. This can include all the functional, business, technical, marketing, web site design, security and other related topics of Internet Banking segment, including public websites of the banks and financial institutions across the globe.

Retired Member 

Car Insurance Technology Not Joined Up

I'd love someone to explain why it seems impossible these days to get any degree of consistency from organisations, especially when they have so much computing power available to them. I recently got my car renewal letter and, like many people do these days, I decided to do a market sweep. Of course, this is easier today because of the innovation ...

15 July 2010 /retail

Retired Member 

Change the law to prevent company identity fraud?

In April this year, CIFAS – the UK’s Fraud Prevention Service reported that there had been a 20 per cent increase in the number of identity fraud victims in the first quarter of 2010 compared to the same period in 2009. There is however another form of identity fraud that is often overlooked, but that can cause considerable damage to those targeted...

01 June 2010 /security /regulation

Retired Member 

Zeus continues to reign on high

News last week that Zeus, a virus that steals online banking details from infected computer users, is more powerful than ever should come as no surprise. The malware steals log-in information by recording keystrokes when the infected user is on a list of target websites. The user's data is then sent to a remote server to be used and sold on by cybe...

05 May 2010 /security

Peter Gullberg VP Product Strategy at Todos AB - a Gemalto company

Transaction Authentication - the way forward

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

Peter Gullberg VP Product Strategy at Todos AB - a Gemalto company

eGovernment brings massive cost savings

Most of the Swedish Banks are in the move towards making their customers become electronic citizens, by equipping their customers with a banking card that also contains an electronic identity. This enables the customers to access eGovernment functions, and making it more convenient for be an electronic citizen. Banks need to equip their customers ...

25 March 2010

Nick Ogden Founder and Director at RTGS.global

Secure transactions - It takes two

It’s hard to ignore – card fraud in the UK is a significant burden, still running at over £440 million according to the latest figures from the UK Payments Association. Not surprisingly the nature of this threat has evolved dramatically in recent years. It has moved away from face to face fraud, largely eliminated through the introduction of EMV a...

15 March 2010 /security /payments

Retired Member 

Does technology drive fraud and theft?

In February CPP looked in more detail at the issue of mobile phone insurance fraud and theft. The results were interesting and confirmed some long-held assumptions that there is a small minority who think it is totally acceptable to file a fraudulent insurance claim for financial gain. So, just how many? Eight per cent of respondents said they kne...

09 March 2010 /security /regulation

Uri Rivner CEO and Co-Founder at Refine Intelligence

Those were the days

Two weeks ago I was cycling in the gym, watching cable TV. Roger Federer was beating Andy Murray live from Melbourne; after losing a point he looked at his tennis racket in puzzlement, as if trying to understand what just happened, and then he resumed winning game after game without even the basic courtesy of showing signs of sweat. Murray gave hi...

14 February 2010 /security

Cedric Pariente Stanford Certified Project Manager at EFFI Consultants

Home Equity Loan and Home Equity Line Of Credit

Definitions Your Home Equity is the difference between the market value of your house and all the mortgages you have on it. In proper English it means: The more you reimburse the loan on your house, the more your house belongs to you. And the more your house belongs to you, the more you can borrow in exchange of this “increase” of your personal as...

12 February 2010 /regulation

Retired Member 

It's official - fraud is influenced by the recession

This week CIFAS, the UK’s Fraud Prevention Service, published its 2009 annual fraud statistics, and in line with expectations, the number of people affected by fraud continues to increase. Since the recession started to bite 18 months ago the general view has been that fraud increases in a recession and fraudsters change their tactics depending on ...

05 February 2010 /security /regulation