1339 articles tagged with this keyword
News/Research/analysis
The gross transaction value of payments made via mobile phones will grow over five times to exceed $300 billion globally by 2013, according to a new report from Juniper Research.
01 July 2008
If European firms used the EuroCCP platform to clear all trades, the industry could slash costs and save around EUR350 million a year, claims the DTCC subsidiary.
Over three quarters of Brits fear the introduction of contactless payment systems will leave them exposed to fraud, according to a new survey.
27 June 2008
Online retail spending by consumers in Latin America and the Caribbean soared 40% in 2007 to hit US$10.9 billion, according to a study commissioned by Visa.
Non-bank personal finance Web sites put customers at risk with lax security and should be made to adhere to the same regulations as traditional online banks, says a new TowerGroup report.
25 June 2008
Ten years after the service was first launched, PayPal says it now processes some $2000 in payments every second and transactions conducted via its system represent about nine per cent of e-commerce globally.
24 June 2008
Almost half of European banks expect it to take over five years to replace payments-related revenue lost following the introduction of the European Union's single euro payments area (Sepa), while 13% say they will never be able to recover the lost revenue, according to a poll by e-payments outfit Fundtech.
23 June 2008
Hit by the credit crunch, banks are looking to outsource operations as a way of deferring investment in their technology infrastructures, according to research from business advisory outfit EquaTerra.
20 June 2008
The credit crunch will drive a wave of outsourcing and offshoring in financial services as cash becomes tighter and banks look to cut costs, according to a UK study.
18 June 2008
The Basel Committee on Banking Supervision has issued new draft guidelines for the management and supervision of liquidity risk, aimed at making the global banking system more resilient and addressing weaknesses revealed by the credit crunch.
More than 41.5 billion financial transactions will be carried out by mobile phone by the end of 2011 as unbanked consumers adopt the technology to access banking services, according to a study by Juniper Research.
17 June 2008
Just 3.6% of US mobile subscribers - 9.2 million people - use their phone to pay for goods and services, but around half (49%) expect to do so in future, according to data from Nielson Mobile.
13 June 2008
The Futures and Options Association (FOA) is to probe plans by IntercontinentalExchange (ICE) and Liffe to establish clearing houses in Europe as part of a larger investigation into the exchange clearing business in the region.
12 June 2008
Despite write downs and personnel cuts following the credit crunch, Wall Street firms are continuing to invest in IT - particularly risk technology - and expect budgets to increase next year, according to research released by IBM and the Securities Industry and Financial Markets Association (Sifma).
10 June 2008
With the emphasis on managing risk at an all-time high, spending on equity analytics by global sell-side firms will rise at a compound annual growth rate (CAGR) of five per cent through to 2012, says a new Tabb Group report.
A new scheme that utilises the Nectar card loyalty platform to provide customers with real-time calculations of personal energy use and carbon emissions has been launched in the UK.
The UK's Serious Organised Crime Agency (Soca) has issued a stark warning about the growing number of international crime gangs that are using the Internet to steal and trade confidential personal data.
09 June 2008
Mobile phones are becoming a major purchasing channel for consumers and represent a huge opportunity for e-tailers to capture new revenue, according to research from Cisco Systems.
05 June 2008
Financial regulators are warning that potential risks to the interconnected global payment and settlement infrastructure are not taken into account in current disaster recovery and crisis management procedures.
04 June 2008
UK consumers don't feel safe accessing their bank accounts over the phone, with 80% believing there are security gaps in current identity verification methods, according to research conducted by Harris Interactive.
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