At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
Fraudsters have developed a variety of methods for initiating fraudulent wire transfers, but a security approach based on data and analytics from customer behavior can be an effective countermeasure to these wire fraud schemes.
This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
Barclays Names New Compliance ChiefDecember 12, 2012Barclays has appointed
Hector Sants, former boss of British regulator the Financial
Services Authority, to oversee its compliance and relationship
with governments and regulators as it looks to repair its
battered reputation.
After Much Fanfare, Isis Launches with Pragmatic ExpectationsJuly 31, 2012Isis, the NFC-based mobile wallet venture formed by AT&T Mobility, T-Mobile USA and Verizon Wireless, finally is gearing up for its long-awaited launch at the end of the summer.
The Barclays LIBOR Fallout in QuotesJuly 06, 2012It certainly was an interesting week for Barclays PLC, and not in a good way. The multinational bank is still reeling from the fallout of its attempt to rig the daily settings of London Interbank Offered Rate (Libor) and the Euro Interbank Offered Rate and
Barclays Scandal Unlikely to Threaten Libor's StatusJuly 06, 2012According to a report from SNL Financial, LIBOR is so ingrained in the financial system that there is little threat to its status as a global interest rate benchmark.
Will Mobile Wallets Replace Their Traditional Counterparts?March 20, 2012Customers need to be incentivized if they are to embrace mobile wallets, especially in the U.S. Meanwhile, banks will play a major role in how -- and if -- mobile wallets evolve further.
Barclays Introduces Mobile Money Transfer ProductFebruary 16, 2012Pingit will allow any U.K. resident with a bank account to send and receive money via a mobile phone number, experts stress that security implications need to be considered with such products.
RBS, Barclays Latest Banks to Announce Job CutsJanuary 12, 2012Barclays said it would shed 422 IT jobs on the same day RBS announced it will cut 3,500 positions in its investment banking unit.
Barclays Poaches HSBC ExecutiveJanuary 05, 2012Rumi Contractor, who held numerous senior positions at HSBC, will join Barclays as head of its U.K. retail and business banking unit.
Greetings From ScotlandNovember 07, 2010The first conversation I had upon arriving on Scottish soil was with a customs officer who made note of my stated profession and industry of "EDITOR/MEDIA" as written on my U.K. Landing Card.