Korea-Japan mobile payment cooperation signed
SK Telecom has signed a Memorandum of Understanding (MOU) with Japanese mobile operators KDDI Corporation and SOFTBANK MOBILE Corp. on a Korea-Japan mobile payment cooperation
0 CommentsMobile banking vulnerability highlighted
Analyst firm Ovum has warned of the need to improve security collaboration
0 CommentsWill NFC transform transport payments?
After years of hearing about the potential benefits of paperless
ticketing for public transport, a workable solution
has finally arrived.
The Payments Cloud
Mobile payments are growing in popularity and accessibility, but what are the risks associated with this technology?
SaaS to the rescue for First Securities
Oslo-based investment firm First Securities is introducing Fidessa’s Software as a Service (SaaS) sell-side trading platform, incorporating smart order routing and connectivity options to multiple liquidity venues
More focus necessary on PCI DSS compliance
Payment Card Industry Data Security Standard (PCI DSS) Compliance must be taken seriously, warn experts, with Visa vowing to tighten up its security rules on smaller companies accepting card payments from 1 July 2010
0 CommentsLiquidity, fragmentation & consolidation – post MiFID European equities trading landscape
Adam Toms MD & Head of Market Access Group for Nomura, gives his perspective on the post MiFID equities trading landscape, particularly around liquidity, fragmentation and now consolidation and also the importance of technology in this arena.
0 CommentsNBAD installs new commercial loan software
The National Bank of Abu Dhabi (NBAD) is deploying the Misys Loan IQ software on its back office commercial loan operations
Voice Commerce launches VoicePay® capability
Voice Commerce launches On4, a system allowing both e- and m-commerce from the same store front and enabling payment processing and card transactions.
Are you a machine?
With two specific “machine readable” news services from Thomson Reuters and Bloomberg there is an increasing trend for businesses to use software to filter, aggregate and analyse the mass of news that hits us every day. These services are aimed at traders to help them rapidly sift through the fire-hose of news by adding specialised tags to the news feeds.
OFT to examine Retail Banking
Despite the significant number of institutions looking to enter or enhance their offering to the UK retail banking market the UK competition watchdog, the Office of Fair Trading (OFT), has launched a review looking at the barriers to entry in the retail banking market.
0 CommentsTEB first to use Next Generation Debit Card
Turkish bank TEB has become the first bank to offer MasterCard’s newly released Next Generation Debit Card, which has a built-in display for control and security
Live long and prosper … possibly, given a bit of risk management
Just when we were getting used to Liquidity Risk as the new risk on the block, along comes another. Longevity Risk is defined as the risk that people will live longer than expected and given it is asserted to be one of the largest risks pension funds bear (as it increases the amount of pension these “longer livers” claim), it has had greater publicity over recent months. Unlike investment risk, longevity risk is not rewarded with any return for the investment firm, and unlike interest rate risk, it cannot easily be hedged.
0 CommentsAre the days of Direct Market Access numbered?
Even before Wall Street’s massive intraday free fall last month, the practice of Direct Market Access (DMA) was coming under scrutiny from regulators, particularly in the US. If the regulators get their way we can expect significant and potentially draconian controls being imposed on this practice – the time for being able to use judgement they may argue is over.
The Role of Communication in Risk Management
Bob Scanlon, Group Chief Credit Officer at Standard Chartered Bank, tells a recent Intel fasterRISK event about the role of communication in risk management and gives an example of how cross department/cross silo communication could have saved a firm up to a billion dollars.
Spotlight on insider trading
As a rash of regulatory activity again spotlights insider trading, a survey from financial sector specialists MPI Europe delivers objective information on what the market thinks.
Better Risk Management in a Flash
The imperative to improve risk management following the recent credit crisis and resulting market turmoil is clear. How to address this challenge is less clear. How can one deliver material business benefits whilst also trying to save costs?
The role of UK Payments Council
Paul Smee talks about the UK Payments market, the role of the UK Payments Council and it’s efforts in ensuring efficiency, promoting innovation and guaranteeing the integrity of the central UK payments system.
