1708 articles tagged with this keyword
News/Research/analysis
Total revenues for B2B vendors in the global wholesale payments industry will grow from $18 billion in 2008 to $25 billion in 2012, a compound annual growth rate (CAGR) of 6.79%, according to research by Boston-based consultancy Aite Group.
05 March 2008
More effective IT vendor management could save banks between 10% and 30% of their technology expenditure according to a US study conducted by Silicon Valley-based research firm The FactPoint Group for ITM Software.
04 March 2008
US customers of HSBC, Bank of America and Washington Mutual have been found to suffer the highest rates of identity theft, according to research from the University of California at Berkeley.
29 February 2008
A new survey by Ernst & Young has found that the majority of global banks are failing to align IT risk management practices within more general enterprise and operational risk frameworks.
28 February 2008
Nearly the entire adult population of Norway - about four million people - now use Internet banking services, according to bank processing firm EDB Business Partners.
22 February 2008
US management consulting firm Oliver Wyman has acquired specialist financial services analyst group Celent. Financial terms of the deal were not disclosed.
21 February 2008
PayPal continues to be the most popular online payment service in Britain, with over 20 million user accounts now registered in the country, which represents more than a third of the UK's adult population.
Online banking is now a mainstream access method for retail customers on both sides of the Atlantic, but this has not led to a decline in the use of branch-based services and has actually resulted in higher take-up of other channels such as ATMs, according to a study by analyst house Gartner.
20 February 2008
Cheque volumes declined at a record rate in 2007 as customers reached instead for plastic debit cards to make payments, according to stats released by UK payments association Apacs.
15 February 2008
Salaries for IT contractors working in the City have jumped by 11% in the past six months - to the highest level for two years - as banks look to upgrade trading and risk platforms following last year's credit crunch.
14 February 2008
Growing public concern over the environment is providing "significant" market opportunities for the technology sector, according to a study from PricewaterhouseCoopers (PwC) which finds that business, not altruism, is forcing companies to take green issues more seriously as they look to attract customers.
13 February 2008
Despite the credit crisis, electronic trading in global fixed income markets continued to increase in 2007, according to an annual European survey by the Securities Industry and Financial Markets Association (Sifma).
One in eight adults within the European Union's 27 countries do not use online shopping services due to fear of identity theft, according to figures from Eurostat, the statistical office of the European Communities.
12 February 2008
Direct losses from identity fraud declined for the second year in a row in 2007, according to a fourth annual US study by Javelin Strategy & Research which found that fraudsters are now increasingly switching to offline channels - such as the telephone - to steal confidential personal data.
The sub-prime crisis will spur banks to increase spending on operational risk technology from $754 million in 2007 to over $1 billion in 2010 - an average annual increase of almost 12% - according to the latest Datamonitor research.
01 February 2008
Cyber fraudsters are increasingly conducting targeted phishing attacks against high-level executives in order to glean confidential information that can be used to gain illegal access to company bank accounts.
31 January 2008
Media coverage of cybercrime has changed the way Brits shop online, according to research released by e-payment outfit Cybersource which found that customers are now taking more security precautions when purchasing items via the Web.
30 January 2008
Alliance & Leicester Commercial bank says more than 1.9 million online bill payments were made by its business customers via its automated BillPay Web site in 2007, representing a year-on-year increase of more than 70%.
29 January 2008
US regulators are urging banks to develop contingency plans for dealing with a widespread outbreak of avian flu after a planning exercise conducted last year found that more than one-third of participants had no business continuity strategies in place.
28 January 2008
The first stage implementation of the single euro payments area (Sepa) - which aims to make cross-border payments as cheap as domestic transactions - has gone live with the official launch of the Sepa payment instrument for credit transfers.
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