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20135 Results from 2015

Elton Cane

Elton Cane Digital product delivery at News Corp Australia

Bank statement as a tool for identity theft

Looks like National Australia Bank (NAB) is the latest bank to fall victim to mail-out problems that compromise customer data. They're not the first, and are unlikely to be the last. The usual bank spokesperson agenda in these situations is to claim that there is nothing in the lapse that exposes customers to to risk of fraud. But thinking about ...

/security /retail Trends in Financial Services

Paul Penrose

Paul Penrose Head of Research at Finextra

A second look at Second Life

ING has made a serious stab at extending its presence beyond the realms of the physical world by announcing plans to open a Dutch mini state in screen-based 3-D universe Second Life. In making the move, the Dutch banking group is following in the footsteps of its compatriot ABN Amro, which in December opened a virtual financial advice centre for S...

/retail

Retired Member

Retired Member 

Data protection act issues

Data protections is something that we at Finextra take very seriously and as Finextra's DPA man I’m constantly having to ensure all data we collect and use is properly stored and updated.I’ve set up this blog with a mind to discuss any issues relating to the DPA and any other issues regarding storing and managing data.

/security Data Protection Act Issues

Paul Penrose

Paul Penrose Head of Research at Finextra

Y2K-redux

It’s déjà vu all over again. An imminent early switch to daylight savings time in the US is raising fears of a Y2K-style disruption to date-sensitive computer applications. And the problems could extend far beyond US shores. Thanks to a new law aimed at saving energy, daylight savings time in the US will start three weeks earlier on 11 March and en...

/retail /wholesale

John Cant

John Cant Managing Director at MPI Europe Ltd

Faster Payments on track

It seems appropriate to start blogging about UK Faster Payments (UKFP), the scheme to provide cheaper and easier "near real-time" via internet and phone banking, by a reference to the most recent APACS announcement. At face value it is reporting good news - the scheme is on track. However, there is the strong hint in the text that even t...

/payments /retail UK Faster Payments

Paul Penrose

Paul Penrose Head of Research at Finextra

McCreevy wakes to MiFID 'nightmare'

EU internal market commissioner Charlie McCreevy says the dream of a single Europe-wide rule book for equity market trading runs the risk of becoming a "practical nightmare", as euro zone regulators adopt their own distinct MiFID enforcement and compliance guidelines. Speaking at a high level City event organised by the UK Treasury, McCr...

MiFID

Paul Penrose

Paul Penrose Head of Research at Finextra

MyBankSpace

Belgian financial services firm Fortis has made a bold move into the social networking space with the launch of a new Website. The join2grow network is being touted by the bank as a MySpace for entrepreneurs. Research house Gartner has suggested that banks should monitor emerging Internet social networks for their potential for partnerships, to ...

/retail Trends in Financial Services

Paul Penrose

Paul Penrose Head of Research at Finextra

Digital Monopoly

Dave Birch at Consult Hyperion has come up with a splendid wheeze for the tenth annual Digital Money Forum. The goal of the not-for-profit Forum is to encourage discussion and debate around electronic money in all its forms. This year, Dave has got together with toymakers Hasbro UK to run a charity Monopoly tournament at the end of the first day...

/payments /retail

Paul Penrose

Paul Penrose Head of Research at Finextra

It takes one to know one

Headline of the day: 'Fraud-Fighter, Ted Crooks, Joins Global Analytics' Apparently Mr Crooks was a former vice president, Global Fraud Solutions for Fair Isaac Corporation. Well, with a name like that, what's a guy to do.

/security

Paul Penrose

Paul Penrose Head of Research at Finextra

Clearing the way for more consolidation

All eyes on Deutsche Börse and Italy’s Monte Titoli after rival exchange Euronext divested itself of all but five per cent of its holding in clearing and settlement agent LCH.Clearnet (LCH.Clearnet to buy out Euronext). European investment banks and lawmakers in Brussels have been pushing Europe’s exchanges to cut their ties to post-trade clearin...

/wholesale Finextra50 fintech index

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