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3847 Results from /retail

Retired Member

Retired Member 

10 or 100 Pounds, Contactless Makes No Sense

Unless of course you're flogging them. If it is secure - why the low limit? Of course if you allude that it is secure and ask the consumer they all want to appear bright by answering 'Convenience'. Unfortunately it is unlikely to be very convenient and even less so when the obvious happens. Ask the consumer - "They wouldn't introduce it if it...

/payments /retail Whatever...

Paul Penrose

Paul Penrose Head of Research at Finextra

Andrew Cuomo's bonus crime sheet

Looks like New York's tenacious attorney general Andrew Cuomo has blown a gaping hole in the latest line of defence used by desperate bank chiefs to shore up bonus pools: ie that the bonus culture also rewards the blameless army of humble branch and back office staff who work hard day-in, day-out to keep the backing industry ticking over. The argu...

/retail /wholesale

Retired Member

Retired Member 

You can't push shit uphill!

So ... we have ourselves a load of bankers (Is the collective term a "wunch"?) who are all very sorry about the fine mess they have got us all in to. Perhaps they didn't know what was going on. Perhaps no one had the decency to tell them they were all heading for the cliff top. Perhaps they had more pressing things to think about. M

/payments /retail

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Malicious insider attacks to rise. McAfee has a warning

The world's biggest software maker has warned companies to expect an increase in "insider" security attacks by disgruntled, laid-off workers. With millions losing their jobs there are a plethora of opportunities for insiders to upload data to a remote rogue server or to plug in an iPod, thumbdrive or other external source and steal cli

/security /retail

Retired Member

Retired Member 

Bank Bosses Let Off...Why?

Admittedly, I only saw the news reports last night, but I can’t help having the feeling that the Treasury Select Committee missed a great opportunity yesterday. What the news reports showed was our legislators behaving like little more than adolescents, asking the four big nobs pretty juvenile questions, instead of getting to the heart of the iss...

/retail Transaction Banking

Retired Member

Retired Member 

Noca is the free paypal for merchants

More competition in the already hyper competitive payments market. A new entrant noca.com is challenging the supposedly old guard. I suppose you can call Paypal old guard even though lots of people still haven't heard of it - they do have hundreds of millions of users. Problem is I think with Noca you won't get points on card purchases because of t...

/payments /retail Innovation in Financial Services

Alex Noble

Alex Noble Account Director at McAfee

BBC Moneybox on Speech Recognition for banking

I appreciate the BBC Radio's weekly personal finance program 'Moneybox' may not be something that all of my blog readers are aware of, but this week it's been looking at speech recognition and biometrics as a way of authenticating customers. The article on their website is here and the podcast/recording is here. The reason for the interest is t...

/security /retail

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

ID Theft Expert: Are You Addicted to Information Insecurity?

Identity Theft Speaker Robert Siciliano www.IDTheftSecurity.com Article here; Are You Addicted to Information Insecurity? Ben Rothke writes a great article that ties in addiction and information Insecurity, thats IN-security. Face it, you may be an addict. You might have an addiction to something like sugar, nicotine, alcohol, sex, gambling, add

/security /retail

Paul Penrose

Paul Penrose Head of Research at Finextra

'Tone deaf' Wells Fargo beats retreat

Whatever were they thinking of? Wells Fargo, a recipient of $25 billion of taxpayer bail-out money, has been forced to cancel a lavish all-expenses paid trip to Las Vegas for up to 40 employees after facing a torrent of criticism from the public and politicians. Wells' rethink followed an Associated Press report that the company had booked 12 night...

/retail /wholesale

Gary Wright

Gary Wright Analyst at BISS Research

Could there be a real rival to SWIFT?

Finding a SWIFT alternative always comes up in any discussion about messaging standards and the direction the finance industry is going. Most professional people in the know agree that SWIFT is a double-edged sword with both good and bad points. On balance the good has outweighed the bad but the gap is narrowing. SWIFT has had some outstanding ach...

/payments /retail SEPA and European Payments

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