1340 articles tagged with this keyword
News/Research/analysis
A pilot scheme that allows Londoners to use their mobile phones to pay for tube journeys and make small value purchases has been hailed as a success, with the majority of participants saying they are happy using the contactless system.
02 September 2008
Cybercriminals are targeting online virtual worlds like Second Life and World of Warcraft to steal personal data and launder money, according to Internet security firm McAfee.
29 August 2008
The provision of free online bill payment services to retail banking customers will cost the US financial services industry $1 billion by 2010, according to research from TowerGroup.
27 August 2008
Financial comparison Web sites are misleading customers and often fail to provide the cheapest product available, according to UK consumer association Which? Money.
20 August 2008
Many institutional investors have misgivings about the actual levels of anonymity and liquidity provided by broker/dealer and exchange-operated dark pools, according to new research released by Greenwich Associates (GA) which found varying policies and practices among providers.
14 August 2008
Although the UK's high streets have been hit hard by the credit crunch, sales via the Internet are continuing to soar and will eventually account for more than half of all retail transactions by 2026, according to UK comparison site uSwitch.
12 August 2008
Internal restructuring has resulted in banks shedding far more staff than the outsourcing of functions to offshore centres, according to a European study by Deutsche Bank.
11 August 2008
Visa says international tourists visiting Beijing for the Olympics spent nearly US$10 million on Visa credit, debit and pre-paid cards on the opening day of the Games.
A year on from the start of the credit crisis, an industry group comprising of senior executives from Wall Street's biggest banks has published a wide-ranging set of recommendations for improving risk management and preventing another financial meltdown.
07 August 2008
The Royal Bank of Scotland (RBS) is the financial institution most targeted by phishing fraudsters, according to anti-spam outfit Clearmymail which is reporting a quadrupling in the number of spam attacks aimed at UK Internet users.
UK banks have been hit by record levels of fraud over the last six months and the situation is likely to get worse as the full impact of the credit crunch unfolds, according to accountancy firm KPMG.
29 July 2008
London is the card-not-present (CNP) fraud capital of the country, according to a study released security specialists The 3rd Man and 192business.com.
25 July 2008
A US study released by TowerGroup forecasts a continuing decline in cheque volumes - from 22.1 billion items in 2006 to 17.9 billion by the end of 2009 - as consumers turn to electronic payments.
Banks will increasingly use Web 2.0 technology to deliver online wholesale banking services over the next three years, according to a report from Boston-based analyst house Celent.
There were more than 20,000 reported phishing incidents in the first half of 2008, an increase of more than 180% from the same period last year, according to figures from UK payments association Apacs.
24 July 2008
Over three quarters of banking Web sites contain fundamental design flaws that could put customers at risk from cyber thieves, according to a study conducted by researchers at the University of Michigan.
23 July 2008
Financial firms hit by the credit crunch are increasingly focusing on energy efficiency to cut costs and combat the impact of a potential economic slowdown, says the UK's Carbon Trust.
22 July 2008
A new study by tech consultancy NET2S has found that the vast majority of trading latency is generated by a bank's own applications and firewalls rather than networks.
21 July 2008
Despite the economic gloom, UK online shopping sales in the first half of 2008 were up 38% - to £26.5 billion - on the same period the previous year.
18 July 2008
Canadians lead the way when it comes to Internet banking adoption, with over two thirds of the country's Web users - around 15.5 million people - managing their finances online, according to figures from Web metrics firm comScore.
11 July 2008
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