Crime

The UK Payments Administration released the latest fraud figures today (doubleclick to enlarge):   This shows general card fraud is down 23% to £232.8 million in the first half of 2009 although, of concern, will be the fact that online fraud is increasing at a rapid click (55%) year-on-year.  This rise in cardholder not present…

Last week, I blogged about innovations in payments from a consumer’s perspective, and followed it up yesterday with an ancillary note. In this second part, I thought I would take a closer look at what is innovatory in the corporate world of payments. Many of us would immediately start talking about e-invoicing, supply chains and…

If you weren’t aware, credit card companies use rating firms Equifax, TransUnion and Experian to see how risky you are when they think about lending to you. These firms rate you as to how bad you might be, and how likely (or unlikely) you are to pay back the debt. They do this using 36…

If you weren’t aware, credit card companies use rating firms Equifax, TransUnion and Experian to see how risky you are when they think about lending to you. These firms rate you as to how bad you might be, and how likely (or unlikely) you are to pay back the debt. They do this using 36…

Time Magazine regularly produce lists of interesting trivia, and recently had two that are worth noting: "the top 10 things you didn't know about money" and "the top 10 things you didn't know about the penny".  The 'penny' is the American one cent coin.  Combining and editing these into an easily digestible list that works…

Time Magazine regularly produce lists of interesting trivia, and recently had two that are worth noting: "the top 10 things you didn't know about money" and "the top 10 things you didn't know about the penny".  The 'penny' is the American one cent coin.  Combining and editing these into an easily digestible list that works…

Time Magazine regularly produce lists of interesting trivia, and recently had two that are worth noting: "the top 10 things you didn't know about money" and "the top 10 things you didn't know about the penny".  The 'penny' is the American one cent coin.  Combining and editing these into an easily digestible list that works…

Alongside our recent what not to wear for a bank robbery, here's what not to do in a bank robbery. A Seattle bank teller who knocked a would-be robber to the ground on Tuesday was fired from his job on Thursday. Jim Nicholson said he knew he was breaking bank policy but wanted to stop…

I've regularly added notes about hacking and malware on the net, as this is a critical component of online finance issues.  Firms like Symantec and McAfee are regularly producing materials that advise in this space, although one of my favourite sources of updates is the blog written by Graham Cluley of Sophos. Today, he's posted…

Finanser sponsor Cisco released a report yesterday that has grabbed a ton of headlines: IT guys steal Yep, all you techie, geeky, propeller heads out there are thieving criminalistic mafiosa types. Or so Cisco say anyway. How do they come to this conclusion? Because laid-off workers from banks’ IT departments during the credit crunch are…