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In a few hours time the euro will be ten years old and, despite the many forecasts of its demise along the way, the currency is beginning to fulfil its promise. Not only has it contributed to economic...
Well, with so many billions washed out in 2008, it looks like banks don't think a billion is too much! See this hilarious news item - http://news.bbc.co.uk/1/hi/scotland/glasgow_and_west/7804876.stm W...
Identity 2.0 presentation. Fascinating style - useful content indeed. We need to address both sides of the coin: 1. the tool, 2. the process how this is attached - when we talk about coming federated ...
As a committed operational risk professional, I cannot help but stare in amazement amidst all the financial ruin and desolation that surrounds us. There has been a lot of hand-wringing and pronounceme...
Fox News has been dogged in its pursuit of scandals going on at the World Bank, including the hacking cases we wrote about in October. To add to Satyam's recent woes, they have now confirmed that Sat...
Banks have already substantially cut credit limits and it seems obvious that they should be giving out fewer cards than in the past, but you can’t really tell this with all the credit card marketing
So ... I have been saying for a long time that the primary cause of plastic card transaction fraud is the idiot policies adopted by the issuing banks - I know how to win friends and influence people
Most financial systems are designed to handle outages in one or another way. However, even if redundancy is incorporated into the system’s architecture it is not uncommon to see that insufficient atte...
Comparing Ernst & Young figures against PRMIA Global Risk Survey results (http://www.prmia.org/globaleventseries/news/20080618.html) Ernst & Young Enterprise-wide risk-reporting process is in ...
Quite often when an exchange has to close due to technical problems, the detail of what exactly happened is kept hushed up (e.g. LSE TradElect glitch in September). But TMX CEO Thomas Kloet has been ...
Henry Blodget, the former star techstock analyst who knows a thing or two about investment fraud, posts an interesting insight to the Madoff affair on his Clusterstock blog. "Specifically, we're...
The twenty-teenies look to me as if they'll be a replay of the 1970's, here in the UK. No, I don't mean loon pants, two-tones, bad hairdos, glam-rock and tank-tops (but you never know...). No, I mean...