4169 Results from /regulation
Robert Siciliano Security Analyst at Safr.me
1. Realize that you can become a victim at any time. Not a day goes by when we don’t hear about a new hack. With 55,000 new pieces of malware a day, security never sleeps. 2. Think before you post. Status updates, photos, and comments can reveal more about you than you intended to disclose. You could end up feeling like some silly politician as you...
27 July 2011 /security /regulation
Sriram Natarajan Risk Dog at Credit Risk Fraud Cards Professional
Was it just a coincidence or some kind of a 'karmic connection'? A giant 200 feet sinkhole appeared in Guatemala City last month. A few days later the Regulation II of the Dodd-Frank Amendment, slashing debit interchange fee by half, came into existence. The debit interchange 'blow out' starts from Oct 1, 2011 for banks with more than $ 10 B in as...
24 July 2011 /regulation /retail
Retired Member
How will global regulatory changes impact UK financial institutions? This was the very question we asked at a recent Logica event on global regulatory reporting, held at the British Bankers’ Association (BBA) and attended by a number of tier one financial institutions. Guest speakers included Simon Hills, executive director at the BBA, Michael Dav...
19 July 2011 /payments /regulation
Gaurav Handa Director Marketing at Oracle Financial Services
After much discussion and soul-searching – the largest banks in the EU have finally published their stress test results to the European Banking Authority which, in turn, published them to the wider market. When the results were tallied, eight banks failed, and 16 were in the “danger zone” – clearly a mixed bag. It was not, as such, a coincidence t...
15 July 2011 /regulation Financial Risk Management
I was recently browsing, when I came upon an interesting article. It was discussing the Monty Hall problem. For those of you who don’t know, this problem is based on a US quiz show and has caused a huge amount of debate at various times in the past. The idea is as follows. A contestant is asked to look at three closed doors and told behind tw...
14 July 2011 /security /regulation Information Security
I finally got one of those “I’m stuck in London” emails. My friend Kate’s Gmail account was hacked, and everyone on her contact list received an email from a hacker posing as Kate: “Hi, Apologies, but I made a quick trip, to London,United Kingdom and got mugged, my bag, stolen from me with my passport and credit cards in it. The embassy is willing ...
14 July 2011 /security /regulation
Once criminal hackers get a person’s username and email address, they can begin to launch a targeted spear phish scam. Scammers copy the design of each breached entities outgoing email campaign and blast the breached list with “account update” or other ruses. Gaming site Sega Pass was hacked. On the Sega Pass website it states, “we had identified t...
Angus Stewart CEO at www.e-solutions.uk.com
Will the fallout from the News of the World scandal hit the banks next? It seems that not a day goes by without more revelations of hacking and data theft relating to the News of the World and its sister publications. The latest is that the Sun obtained information that Gordon Brown’s son has Cystic Fibrosis. With the newspaper having this informa...
13 July 2011 /security /regulation
Martin Bailey Technology Product Director at Temenos
Just supposing your bank was perceived to have done something unpopular with the general public and a Twitter campaign began against your institution. When would you know? When an automatic system detects it and automatically escalates it to the right person for attention? When an employee sees the traffic and lets you know? Or when it appears on ...
11 July 2011 /regulation Finance 2.0
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
You be hard pressed to attend any financial services-themed event this year with hearing a range of presentation explaining, warning, commenting on the end of ‘light touch’ regulation. You can argue all you want about the so-called politically motivated move to ease access to credit and mortgages to people who may not have been best placed to han
08 July 2011 /regulation /wholesale
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.